Streetbeat News

Legal

RVNC

Revance Therapeutics has denied allegations of material breaches under its distribution agreement with Teoxane. Additionally, the company has extended its merger agreement deadline with Crown Laboratories to October 4, 2024, as discussions continue.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:06 pm

XOM

The California Attorney General has announced a lawsuit against Exxon Mobil, accusing the company of contributing to global plastic waste pollution. This legal action could have implications for Exxon's operations and reputation.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:05 pm

VMC

U.S. Senators are attempting to prevent Mexico from taking control of a port owned by Vulcan Materials Company. This move could have significant implications for Vulcan's operations and stock performance.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:45 pm

WGO

Hunterbrook has released a report titled 'Grand Deception' criticizing Winnebago Industries for allegedly suppressing complaints about a significant issue that makes their RVs dangerous and untowable. This could impact Winnebago's reputation and stock price.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:01 pm

UNIUSD

Uniswap CEO Hayden Adams expressed optimism about U.S. Vice President Kamala Harris' supportive comments on digital assets, despite criticism from the crypto community. Adams sees political acknowledgment as progress, though concerns about regulatory threats and Uniswap's governance persist.

Portfolio Pulse from Murtuza Merchant

September 23, 2024 | 1:50 pm

MKFG

Markforged has settled its intellectual property litigation with Continuous Composites by agreeing to pay $18 million upfront, with additional payments through 2027, resolving all claims.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:36 pm

CMCL

Caledonia Mining Corporation Plc reported a fatal accident at its Blanket Mine in Zimbabwe, where an employee died due to a rock fall. The company is assisting authorities in the investigation.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 6:43 am

AMZN

WMT

India's Competition Commission has intensified its antitrust investigation into Amazon and Walmart-backed Flipkart, requesting financial records to assess potential penalties. The investigation focuses on alleged anti-competitive practices, including preferential treatment and deep discounting.

Portfolio Pulse from Ananthu C U

September 23, 2024 | 6:26 am

TSLA

Chechen leader Ramzan Kadyrov accused Elon Musk of remotely disabling a Tesla Cybertruck, which he claimed was a gift from Musk. The incident raises concerns about Tesla's vehicle security and potential misuse in conflict zones.

Portfolio Pulse from Bibhu Pattnaik

September 22, 2024 | 7:15 pm

TSLA

Mark Cuban defended Elon Musk's controversial social media behavior, describing it as typical for the Tesla CEO. Musk's tweets have previously led to legal issues and impacted Tesla's stock. Cuban's comments highlight the ongoing debate about social media's role in corporate settings.

Portfolio Pulse from Bibhu Pattnaik

September 21, 2024 | 6:15 pm