Streetbeat News

Regulatory

BEN

Franklin Resources, Inc. is under investigation by Levi & Korsinsky for potential securities law violations. The investigation follows a Wells Notice received by Ken Leech, co-Chief Investment Officer of its subsidiary, Western Asset Management Company.

Portfolio Pulse from

November 11, 2024 | 12:15 pm

AVXL

SAVA

The article discusses the effectiveness of Panax ginseng, Anavex's Blarcamesine, and Cassava Sciences' Simufilam in treating Alzheimer's disease. Panax ginseng shows the highest effectiveness, while Anavex's Blarcamesine may slow progression in mild cases. Cassava Sciences' Simufilam shows limited effectiveness.

Portfolio Pulse from

November 11, 2024 | 12:15 pm

UNCY

Unicycive Therapeutics announced that the FDA has accepted their NDA for Oxylanthanum Carbonate, a treatment for hyperphosphatemia in dialysis patients, with a PDUFA date set for June 28, 2025. The company is preparing for a commercial launch in 2025.

Portfolio Pulse from

November 11, 2024 | 12:15 pm

TSCDY

Shore Capital analysts predict Tesco PLC will face a £250 million increase in costs due to tax hikes in the recent Budget, following Asda's warning of price hikes.

Portfolio Pulse from

November 11, 2024 | 11:30 am

LPHM

Gan & Lee Pharmaceuticals presented Phase 2b clinical data for GZR18 injection at ObesityWeek®️ 2024, showing significant weight loss in overweight and obese adults. The study found comparable efficacy and safety between bi-weekly 48 mg and once-weekly 24 mg doses.

Portfolio Pulse from

November 11, 2024 | 11:30 am

TSM

TSMC's stock fell following reports that the U.S. ordered a halt to AI chip shipments to China. This move is part of efforts to curb exports of critical technologies, especially after a TSMC product was found in a Huawei AI chip.

Portfolio Pulse from

November 11, 2024 | 11:15 am

SHEL

A Dutch court is set to rule on Shell's appeal against a 2021 climate order that mandates the company to significantly cut its greenhouse gas emissions.

Portfolio Pulse from

November 11, 2024 | 10:45 am

INTC

Intel is facing concerns from lawmakers and Wall Street analysts about its future. The company is set to receive federal aid under the CHIPS Act to enhance US semiconductor production.

Portfolio Pulse from

November 11, 2024 | 10:15 am

LGCXF

Lahontan Gold Corp. has submitted its Santa Fe Mine project Exploration Plan of Operations to the Bureau of Land Management for approval. This submission includes draft baseline study reports.

Portfolio Pulse from

November 11, 2024 | 10:00 am

TSM

The US has instructed TSMC to halt shipments of advanced AI chips to China, impacting chips of 7-nanometer or more advanced designs.

Portfolio Pulse from

November 11, 2024 | 9:30 am