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Legal

VRNT

The Bear Cave Research has issued a report titled 'Problems at Verint Systems (VRNT)', which could potentially impact the company's stock performance. Investors should be cautious and consider the implications of this report.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 2:32 pm

DJT

Trump Media & Technology Group Corp (NASDAQ:DJT) shares are declining as the lockup period preventing insiders from selling shares is set to expire. The stock has been volatile, with recent legal issues and insider selling concerns impacting its price.

Portfolio Pulse from Adam Eckert

September 19, 2024 | 1:31 pm

KSPI

Culper Research has issued a report on Joint Stock Company Kaspi.kz, a NASDAQ-listed fintech company, accusing it of moving money for criminals and kleptocrats. This report could have significant implications for the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:27 pm

GME

WFC

GameStop CEO Ryan Cohen is fined nearly $1M by the FTC for violating the HSR Act during his acquisition of Wells Fargo shares. Cohen failed to file necessary paperwork, exceeding HSR thresholds, and showed intent to influence Wells Fargo's operations. GameStop's recent financial performance showed a decline in sales but a slight profit.

Portfolio Pulse from Vandana Singh

September 19, 2024 | 1:13 pm

ET

GM

GOOG

TTD

On CNBC's 'Halftime Report Final Trades,' analysts discussed General Motors, Energy Transfer, The Trade Desk, and Alphabet. GM is benefiting from rate cuts and expanding partnerships. Energy Transfer is up 16% YTD with a high dividend yield. The Trade Desk is nearing its all-time high, and Alphabet won an appeal against a $1.66 billion EU fine.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 1:00 pm

TUSK

Cobra Acquisitions, a subsidiary of Mammoth Energy Services, has received court approval for a settlement with the Puerto Rico Electric Power Authority (PREPA). PREPA is required to pay Cobra $150 million within ten business days.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 11:27 am

AXNX

MDT

Axonics has won a patent dispute against Medtronic, with a jury confirming that Axonics did not infringe on three patents. This legal victory could positively impact Axonics' market position and investor confidence.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:24 am

TSLA

Tesla shares rose following the Federal Reserve's interest rate cut and developments related to the Cybertruck. The Fed's decision to cut rates by 50 basis points has impacted various markets, including a rise in Tesla's stock. Additionally, Tesla's Cybertruck has been in the spotlight due to engineering advisories, legal actions, and celebrity engagements.

Portfolio Pulse from Vaishali Prayag

September 18, 2024 | 7:30 pm

SRCL

WM

Stericycle Inc. bondholders are seeking improved terms for a debt-exchange offer from Waste Management Inc., which is acquiring Stericycle. Legal counsel has been engaged to negotiate better terms.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 7:27 pm

CVS

Oak Street Health, a subsidiary of CVS Health, has agreed to pay $60 million to settle allegations of violating the False Claims Act by paying kickbacks to an insurance agent. This settlement was reported by Reuters, citing the Department of Justice.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 6:23 pm