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Regulatory

SKX

Skechers has secured a preliminary injunction against Dockers by Gerli across the European Union for infringing on Skechers' design patents for hands-free slip-ins.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 11:05 am

FEMY

Femasys Inc. has regained compliance with Nasdaq's listing requirements, avoiding potential delisting.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 11:05 am

AZN

Astrazeneca has released data from four pivotal Phase III trials at ESMO, highlighting the effectiveness of its cancer treatments. The data includes results for TROPION-Lung01 and TROPION-Breast01, FLAURA2, DUO-E, and MATTERHORN Phase III trials, showcasing the potential of datopotamab deruxtecan, TAGRISSO, IMFINZI, and LYNPARZA in treating various types of cancers.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 11:02 am

AAPL

GOOG

GOOGL

California has passed the Right to Repair Act, backed by Apple Inc. (NASDAQ:AAPL), which allows consumers to repair their devices at third-party shops. The law, which comes into effect from July 1, 2024, mandates manufacturers to make repair parts available for seven years for products costing over $100 and three years for those under $100. Companies failing to comply will face fines. The law is seen as a win for consumers and environmental sustainability. Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has also responded to the movement by providing seven years of software updates for its Pixel 8 series.

Portfolio Pulse from Rounak Jain

October 11, 2023 | 10:44 am

EIS

SPY

USO

Jordan's King Abdullah has stated that there will be no security, stability, or peace in the Middle East until Palestinians achieve a sovereign state alongside Israel. This statement could potentially impact the geopolitical situation in the region.

Portfolio Pulse from Charles Gross

October 11, 2023 | 10:23 am

SFT

Shift Technologies has been notified by Nasdaq that it will commence proceedings to delist the company's common stock. Trading of the stock will be suspended at the opening of business on October 19.

Portfolio Pulse from Charles Gross

October 11, 2023 | 10:16 am

NXU

NXU has received a formal notice from Nasdaq that its Class A common stock will be delisted from Nasdaq on October 19.

Portfolio Pulse from Charles Gross

October 11, 2023 | 10:11 am

IMRN

Immuron reported that its Q1 FY24 sales of Travelan increased to A$1.34M, compared to A$25.5K in Q1 FY23. This increase partially reflects three months of backorders accrued while awaiting GMP clearance from Australia Therapeutic Goods Administration.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 10:05 am

BCDA

BioCardia, Inc. (NASDAQ:BCDA) has completed enrollment for its CardiAMP Heart Failure Trial and is initiating discussions with the FDA for a second pivotal study protocol. The aim of the second study is to gain FDA marketing approval.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 10:02 am

AAPL

GOOG

GOOGL

Apple Inc. (AAPL) generates an estimated annual income of $18 billion to $20 billion by designating Alphabet Inc.’s (GOOG, GOOGL) Google as the default search engine on its iOS platform, according to Bernstein analyst Toni Sacconaghi, Jr. This is a $10 billion increase from the calculation made in 2020. However, Google's ongoing antitrust trial could jeopardize this agreement. Apple could potentially replace Google with another search engine or launch its own. Microsoft's CEO Satya Nadella has expressed interest in replacing Google as the default search engine on Apple devices.

Portfolio Pulse from Ananya Gairola

October 11, 2023 | 9:35 am