Streetbeat News

Regulatory

ESGL

Environmental Solutions Group Holdings Limited (NASDAQ:ESGL) has received notification from Nasdaq about its failure to meet the minimum bid price and minimum market value requirements. The company has until April 22, 2024, to regain compliance. If it fails to do so, it may face delisting, but it can apply for additional time or consider transferring to the Nasdaq Capital Market.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 8:08 pm

LIFW

MSP Recovery Inc has received correspondence from Nasdaq stating that the company is now in compliance with all applicable Nasdaq listing standards, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 8:07 pm

AREB

American Rebel Holdings Inc (AREB) has received a written notification from Nasdaq indicating that the company is not in compliance with SEC filing requirements.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 8:04 pm

SLRX

Elvin Lee has reported a 6.09% stake in Salarius Pharmaceuticals as of October 23, 2023, according to a 13D filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 8:04 pm

CHRS

Coherus and Junshi Biosciences have announced that the FDA has approved LOQTORZI for all lines of treatment for recurrent or metastatic nasopharyngeal carcinoma. LOQTORZI is the first and only FDA-approved treatment for this type of cancer. It is indicated in combination with chemotherapy for 1st line treatment and as monotherapy for patients with disease progression on or after platinum containing chemotherapy, irrespective of PD-L1 status.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 7:12 pm

AAPL

MASI

The International Trade Commission (ITC) has upheld a decision that Apple Inc. infringed on Masimo Corporation's patent rights related to a light-based technology used in blood-oxygen-level monitoring. If Masimo is successful, Apple might be forced to pay royalties, potentially generating $50 million-$100 million of annual revenue for Masimo. However, Apple is expected to appeal the decision, which could delay any potential royalty payments. Masimo's recent acquisition of Sound United and its potential for growth in the medical business were also highlighted.

Portfolio Pulse from Nabaparna Bhattacharya

October 27, 2023 | 6:44 pm

FXI

SPY

The White House's National Security Team is scheduled to meet with China's top diplomat Wang later on Friday, according to Kirby.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 6:22 pm

SPY

USO

The White House's Kirby stated that U.S. military operations in Syria and Iraq are aimed at disrupting and preventing future attacks. The U.S. is not interested in conflict with Iran, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 6:22 pm

FXI

SPY

U.S. President Biden met with top Chinese diplomat Wang Yi, emphasizing the need for responsible competition and open communication between the U.S. and China.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 6:01 pm