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Legal

AZN

AstraZeneca is under investigation in China for alleged illegal activities, including data privacy breaches and importing unlicensed cancer drugs. This has led to the detention of five employees and a 3.39% drop in AZN stock.

Portfolio Pulse from Vandana Singh

September 05, 2024 | 5:37 pm

DISH

Dish Network Corp. is in confidential talks with creditors to settle a lawsuit related to a controversial asset transfer. The company, burdened with over $20 billion in debt, is also negotiating a possible extension of a $2 billion bond due in November.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:32 pm

SLM

SOFI

SPY

A U.S. judge has temporarily blocked President Biden's new student debt forgiveness plan following a request from Republican-led states. This legal development could impact companies involved in student loans and financial services.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 4:51 pm

AZN

AstraZeneca shares are experiencing a decline due to reports of the company's staff being detained in China over data and drug-import investigations.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:19 pm

FIVN

The Bear Cave has issued a report titled 'Problems at Five9 (FIVN)', which may indicate potential issues or concerns with the company. This could impact investor sentiment and the stock price of Five9 in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:33 pm

DJT

SPY

Former President Donald Trump has pleaded not guilty to charges in a revised 2020 election subversion indictment during today's court hearing.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:13 pm

SNAP

Snap Inc. is being sued by the New Mexico Attorney General over allegations that its platform facilitated 'sextortion' of minors by predators. This legal action could impact Snap's reputation and operations.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:44 pm

LYV

The UK Competition and Markets Authority (CMA) has launched an investigation into Ticketmaster over concerns related to the sale of Oasis concert tickets. The investigation will examine whether Ticketmaster's actions may have breached consumer protection laws.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:04 pm

NSSC

Fuzzy Panda Research has issued a report alleging accounting fraud at NAPCO Security Technologies (NSSC), based on claims from former employees. The report also mentions the company benefiting from one-time sales boosts. Following the report, NSSC shares have dropped.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:47 pm

AZN

AstraZeneca staff have been detained in China as part of investigations into data and drug-import practices. This development could impact AstraZeneca's operations and stock performance.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 12:14 pm