Streetbeat News

Regulatory

OCEA

Ocean Biomedical, Inc. (NASDAQ: OCEA) received a Nasdaq Staff Determination Letter for non-compliance with filing requirements. The company failed to file its Form 10-K and Forms 10-Q by the given deadlines and will appeal the decision.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:46 pm

CCHWF

CURLF

A recent poll indicates that 50% of Utahns support the legalization of recreational marijuana, showing a shift in public opinion. Utah's cannabis market, currently limited by strict regulations, presents significant potential for investors if laws change. Companies like Curaleaf and Columbia Care are active in Utah's medical cannabis market.

Portfolio Pulse from Nicolás Jose Rodriguez

October 22, 2024 | 8:43 pm

FBMS

The First Bancshares, Inc. (NYSE:FBMS) has received shareholder approval for its merger with Renasant Corporation. The merger is still subject to regulatory approvals and customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:35 pm

LLY

Eli Lilly's Alzheimer's drug, Donanemab, faces a potential ban by the NHS due to its high cost, despite being considered highly effective.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:26 pm

MCD

McDonald's shares are experiencing a decline due to a CDC report linking an E. coli outbreak to their quarter pounders.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:24 pm

MCD

The CDC has linked an E. Coli outbreak in Mountain West states to McDonald's Quarter Pounders, with 49 cases reported across 10 states and one fatality in Colorado. McDonald's has temporarily removed the suspect ingredients.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:22 pm

GNLX

Genelux has initiated a Phase 2 trial in the US to evaluate the efficacy and safety of Olvi-Vec in combination with other treatments for recurrent non-small cell lung cancer. An interim readout is expected by mid-2025.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:10 pm

OCUP

Trading for OCUP was halted at 4:01:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released, which could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 8:01 pm

MSFT

UBER

OpenAI has appointed Scott Schools, a former Uber executive, as its chief compliance officer to oversee regulatory issues. Additionally, Dr. Aaron Chatterji has been named as OpenAI's first Chief Economist. These appointments aim to strengthen OpenAI's regulatory compliance and economic research capabilities.

Portfolio Pulse from Vandana Singh

October 22, 2024 | 7:50 pm

MJ

MSOS

A legislative committee in Ireland has recommended the limited legalization of marijuana and the decriminalization of all illicit drugs for personal use. The report emphasizes a health-led approach to drug policy, aiming to reduce harm and stigma. The committee suggests studying regulated cannabis markets in other countries and expanding Ireland's medical marijuana program.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 7:26 pm