Streetbeat News

Regulatory

COST

Costco has recalled 79,200 pounds of butter due to a labeling issue where milk was not listed as an ingredient. The FDA has classified this recall as Class II, indicating potential temporary health risks.

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November 12, 2024 | 11:30 am

KTGDF

K2 Gold Corporation has provided an exploration update for its 2024 activities at the Mojave, Si2, and Wels projects. The Draft Environmental Impact Statement for the Mojave Project is complete.

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November 12, 2024 | 11:15 am

LIPO

Lipella Pharmaceuticals Inc. has secured extended market exclusivity with the issuance of a U.S. patent for its liposomal drug delivery platform, potentially enhancing its competitive edge in the biotechnology sector.

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November 12, 2024 | 10:45 am

LIPO

Lipella Pharmaceuticals Inc. (Nasdaq: LIPO) has been granted a U.S. patent for its liposomal drug delivery platform, extending its market exclusivity.

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November 12, 2024 | 10:45 am

SHEL

Shell PLC has won an appeal in the Netherlands, overturning a 2021 ruling that required the company to reduce its carbon emissions by 45% by 2030. This decision is significant for Shell as it impacts its environmental obligations and operational strategies.

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November 12, 2024 | 10:15 am

TCEHY

Tencent Music Entertainment missed quarterly revenue estimates due to the impact of Beijing's crackdown on online gambling, affecting its social entertainment segment.

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November 12, 2024 | 9:30 am

NTES

NetEase is highlighted for its strong IP, significant R&D investment, and attractive valuation. Despite regulatory challenges in China, it remains profitable and undervalued compared to competitors.

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November 12, 2024 | 9:00 am

MTRAF

Metro Bank Holdings PLC has been fined nearly £17 million by the Financial Conduct Authority for failing to implement adequate anti-money laundering controls between 2016 and 2020, affecting transactions worth £51 billion.

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November 12, 2024 | 8:30 am

VOD

Vodafone Group PLC maintained its full-year outlook despite a decline in Germany, with service revenue growing by 1.7% to €15.1 billion. However, the company halved its interim dividend as it awaits approval for major transactions in the UK and Italy.

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November 12, 2024 | 8:30 am

SHEL

Shell has successfully appealed a 2021 Dutch court ruling that required the company to significantly reduce its greenhouse gas emissions. This decision may impact Shell's operational and environmental strategies.

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November 12, 2024 | 8:00 am