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TEVA

Teva Pharmaceuticals has reached an $80 million settlement with Baltimore over opioid claims, opting out of a national settlement. This is part of Baltimore's broader litigation against opioid manufacturers, with previous settlements totaling $322.5 million. The city will use the funds for education, recovery centers, and crisis helplines.

Portfolio Pulse from Vandana Singh

September 10, 2024 | 6:09 pm

DAL

The FAA is investigating an incident at Atlanta Airport where a Delta Air Lines plane struck the wingtip of an Endeavor Air plane. The investigation will determine the cause and any potential safety violations.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:59 pm

TEVA

VGK

Teva Pharmaceuticals is expected to be fined by EU antitrust regulators for disparaging a rival's multiple sclerosis medicine. This development could impact Teva's financials and market perception.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 3:39 pm

DE

John Deere (NYSE:DE) faces a $9.93 million SEC settlement over bribery charges involving its subsidiary, Wirtgen Thailand. Despite a 16.8% sales drop in Q3, analysts remain optimistic about Deere's long-term prospects, supported by strong earnings, dividends, and a share buyback program. The stock shows bullish technical indicators, but the bribery settlement and recent declines in key segments pose short-term challenges.

Portfolio Pulse from Surbhi Jain

September 10, 2024 | 3:31 pm

GOOG

GOOGL

Sen. Rand Paul defends Google in its antitrust trial, criticizing U.S. antitrust policies as misused. The DOJ accuses Google of monopolistic practices, but Google denies these claims. The trial's outcome could impact Google's business operations.

Portfolio Pulse from Pooja Rajkumari

September 10, 2024 | 1:48 pm

AAPL

EIRL

The Irish Finance Minister has stated that it is not possible to comment on whether other countries might claim a portion of Apple's back taxes. This situation remains uncertain and could impact Apple's financial obligations.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:34 pm

AZN

AstraZeneca is under investigation by Chinese authorities for potential data privacy breaches and unlicensed drug importation. CEO Pascal Soriot assures compliance and cooperation. Meanwhile, AstraZeneca's lung cancer drug trial shows promising but not statistically significant results.

Portfolio Pulse from Vandana Singh

September 10, 2024 | 1:19 pm

ALIM

ANIP

Alimera Sciences shares declined following the company's announcement of a lawsuit against ANI Pharmaceuticals, related to fulfilling a contractual obligation for a merger agreement.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:15 pm

AAPL

The European Court of Justice (ECJ) has overturned a 2020 judgment, confirming the European Commission's 2016 state aid decision against Apple. As a result, Apple expects to incur a one-time income tax charge of up to $10 billion in Q4, impacting its effective tax rate.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:13 pm

KDP

The U.S. SEC has charged Keurig with making inaccurate statements about the recyclability of its K-cup beverage pods. This legal action could impact Keurig's parent company, Keurig Dr Pepper (KDP), by affecting its reputation and potentially leading to financial penalties.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 1:03 pm