Streetbeat News

Regulatory

FRST

Primis Financial has revealed a notification of delinquency with Nasdaq, indicating potential issues with compliance or reporting requirements.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 9:02 pm

BREA

Brera Holdings has received a notice from Nasdaq due to a delay in filing its Form 20-F. This notice could have implications for the company's stock listing status.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:57 pm

GURE

Gulf Resources, Inc. (NASDAQ:GURE) has received a non-compliance notice from Nasdaq due to its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024. This puts the company in violation of Nasdaq's continued listing requirements.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:56 pm

CLF

MT

SCCO

USGO

X

Cleveland-Cliffs refutes U.S. Steel's allegations regarding a failed deal, ArcelorMittal initiates a carbon capture unit, U.S. GoldMining prepares for the Whistler Gold Project, and Southern Copper's Tia Maria project is set to break ground.

Portfolio Pulse from Austin DeNoce

May 22, 2024 | 8:23 pm

CNTB

Connect Biopharma presented positive results from its Phase 2b trial of Rademikibart for moderate-to-severe asthma at the ATS 2024 conference. The treatment showed significant improvements in lung function and asthma control, sustained through Week 24. An End of Phase 2 meeting with the FDA is scheduled for Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:14 pm

DIA

QQQ

SPY

UUP

The minutes from the May FOMC meeting indicate a prolonged period of high interest rates, countering earlier dovish signals from Fed Chair Jerome Powell. Key points include the persistence of inflation, the effectiveness of current policy, and the potential for further tightening. Financial experts highlight the impact on market fluctuations and the challenges faced by the Fed. Major indices closed lower, and the dollar gained ground.

Portfolio Pulse from Piero Cingari

May 22, 2024 | 8:05 pm

GFS

GlobalFoundries Inc has filed a stock shelf registration with the SEC, although the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:05 pm

AGMH

AGM Group has received a delayed filing notification from Nasdaq, indicating that the company has not met the required deadline for submitting its financial reports.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 8:00 pm

BA

FXI

Boeing's plane deliveries to China have been delayed due to a Chinese review of the batteries used in the cockpit voice recorder. Boeing is working with Chinese customers on the timing of deliveries as Chinese regulators complete their review.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 7:40 pm

BNO

SPY

USO

The S&P 500 fell following the release of cautious Federal Reserve minutes. Goldman Sachs CEO David Solomon stated that he does not expect any rate cuts this year. Additionally, US crude inventories have risen.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 7:36 pm