Streetbeat News

Regulatory

NJR

New Jersey Natural Gas (NJNG) has received approval from the New Jersey Board of Public Utilities for a $157 million increase in its base rates. This increase is intended to recover costs related to infrastructure investments and system enhancements.

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November 21, 2024 | 6:00 pm

F

Ford Motor Co. plans to cut 4,000 jobs in Europe by 2027 due to stricter EU CO2 emissions regulations impacting their shift towards electric vehicles.

Portfolio Pulse from

November 21, 2024 | 6:00 pm

LAZ

Ronald Temple, Lazard's chief market strategist, discusses market expectations under the Trump administration, focusing on policy priorities and potential tariff impacts.

Portfolio Pulse from

November 21, 2024 | 5:45 pm

THLLY

The UK's Serious Fraud Office has initiated an investigation into Thales, Europe's largest defense technology company, for suspected bribery and corruption.

Portfolio Pulse from

November 21, 2024 | 5:45 pm

GOOG

Shares of Alphabet, Google's parent company, dropped over 6% after the DOJ recommended a selloff of Google's Chrome browser to address its monopoly in online search.

Portfolio Pulse from

November 21, 2024 | 5:30 pm

POWW

AMMO, Inc. is facing a class action lawsuit for alleged violations of securities regulations. The Schall Law Firm is inviting investors who incurred losses to join the lawsuit. The case involves violations of the Securities Exchange Act of 1934.

Portfolio Pulse from

November 21, 2024 | 5:15 pm

WFC

Senator Warren has urged the Federal Reserve to maintain the asset cap on Wells Fargo (WFC) due to ongoing compliance issues. The cap should remain until Wells Fargo demonstrates its ability to manage risks effectively.

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November 21, 2024 | 5:15 pm

PACS

The Schall Law Firm has filed a class action lawsuit against PACS Group, Inc. for alleged securities law violations related to its IPO. Shareholders who purchased securities during the specified period are encouraged to join the case.

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November 21, 2024 | 5:00 pm

AMZN

Amazon is expected to face an EU investigation next year regarding potential favoritism of its own brand products on its online marketplace. This investigation is part of European antitrust regulators' efforts under new tech rules.

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November 21, 2024 | 4:45 pm

URNJ

Uranium prices are rising due to Russia's decision to restrict uranium exports to the U.S., countering U.S. import restrictions on Russian uranium. This geopolitical tension is expected to drive uranium prices higher.

Portfolio Pulse from

November 21, 2024 | 4:45 pm