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PRQR

ProQR Therapeutics successfully defended a key patent for its Axiomer RNA editing platform against an opposition filed with the European Patent Office. The patent, part of ProQR's intellectual property for Axiomer, relates to editing oligonucleotides with chemical modifications to increase stability and recruit ADAR for editing target adenosine. The EPO's decision maintains ProQR's strong IP position on its proprietary ADAR mediated RNA editing technology.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 11:06 am

TSLA

Tesla Inc (NASDAQ:TSLA) is recalling 3,878 Cybertruck vehicles due to a risk of unintended acceleration caused by the accelerator pedal pad potentially dislodging. The company will repair or replace the accelerator pedal assembly at no cost. Tesla has not reported any related collisions or injuries and is taking precautionary measures to equip new Cybertrucks with updated pedals and fix those in delivery.

Portfolio Pulse from Anan Ashraf

April 19, 2024 | 10:55 am

BA

Boeing Co. (NYSE:BA) faces 32 whistleblower complaints over three years, with allegations including employer retaliation, fraud, and safety concerns. The Occupational Safety and Health Administration (OSHA) is investigating, with five cases still pending. Complaints cover aviation safety, workplace safety, fraud, and toxic chemicals control. Boeing emphasizes its commitment to safety and non-retaliation, highlighting its Go4Zero safety initiative's success in reducing workplace injuries.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 10:01 am

TSLA

Tesla is conducting a recall of certain 2024 Cybertruck vehicles, according to a report by Reuters citing the National Highway Traffic Safety Administration (NHTSA).

Portfolio Pulse from Charles Gross

April 19, 2024 | 9:26 am

DJT

A dismissed juror from Donald Trump's ongoing trial shared her observations about his appearance and demeanor, noting he looked 'less orange, more yellowish' and appeared bored. The trial, which involves alleged hush money payments, has attracted attention for its jury composition, including two lawyers, and is significant for Trump Media & Technology (NASDAQ:DJT) as it could impact the company's reputation and stock performance.

Portfolio Pulse from Benzinga Neuro

April 19, 2024 | 1:30 am

DJT

The jury for former President Donald Trump's criminal trial involving alleged hush money payments has been selected, consisting of 7 men and 5 women with diverse professions. The trial is expected to last 6-8 weeks, with Trump criticizing it as an 'unfair trial.' Meanwhile, shares of Trump Media & Technology Group Corp (NASDAQ:DJT) surged 25.72% to $33.19, attributed to a company filing regarding share loaning for short selling, rather than the trial.

Portfolio Pulse from Chris Katje

April 18, 2024 | 10:47 pm

DJT

SPY

A full jury of 12 has been selected for Donald Trump's New York hush money trial, marking a significant development in the legal proceedings against the former president.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:46 pm

FTFT

Future Fintech Group announced that on April 11, a jury returned a verdict in favor of FT Global in the lawsuit filed against the company in January 2021, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:40 pm

FYBR

Frontier Communications Parent, Inc. (FYBR) experienced a significant operational disruption on April 14, 2024, due to unauthorized access by a cybercrime group. The company has contained the incident and is restoring operations, stating it does not expect a material financial impact according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 8:14 pm

FOSL

Kanen Wealth Management (KWM) has sent a critical letter to Fossil Group's board, expressing concern over the company's slow execution of its Transform and Grow (TAG) plan and its failure to return to profitability. Fossil's shares have dropped approximately 80% since the announcement of TAG in February 2023. Despite efforts like closing stores and reducing headcount, Fossil reported a loss for the year. KWM, owning just under 4% of Fossil's 7% debt due in 2026, suggests more rapid actions to reduce expenses and proposes buying back baby bonds at a discount to improve capital allocation.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 7:31 pm