Streetbeat News

Regulatory

CNXC

Concentrix, a global provider of customer experience solutions, has received all necessary regulatory approvals for its merger with Webhelp. The transaction is expected to close on or around September 25, 2023, subject to customary closing conditions.

Portfolio Pulse from Charles Gross

September 15, 2023 | 12:40 pm

ASML

IOVA

U

The FDA has updated the PDUFA action date for IOVA's Lifileucel, causing a 24% increase in IOVA's stock. B of A Securities has upgraded Unity Software to 'Buy' and raised its price target to $56, resulting in a 3% increase in Unity's stock. ASML's shares have dropped by 3% after TSMC reportedly asked its suppliers to delay the delivery of high-end chipmaking equipment.

Portfolio Pulse from ryanfaloona@benzinga.com

September 15, 2023 | 12:37 pm

SPY

The US Import Price Index for August was 0.5%, higher than the estimated 0.3%. The Export Price Index was 1.3%, significantly above the 0.4% estimate. The NY Empire State Manufacturing Index for September was 1.9, lower than the estimated 10.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 12:34 pm

YS

YS Biopharma Co., Ltd. (NASDAQ:YS) has been granted a patent by the United States Patent and Trademark Office for its immunotherapeutic vaccine, PIKA YS-HBV-002, designed to treat chronic hepatitis B virus infection. The company plans to submit an Investigational New Drug application and start clinical development of the vaccine in 2024.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 12:31 pm

MSFT

Microsoft Corporation is facing legal challenges in the European Union over its Teams video-conferencing app, with the European Commission preparing a statement of objections. The company's licensing practices and bundling of cloud systems with Windows are also under scrutiny. Microsoft Teams experienced an outage in North America, raising concerns about the reliability of Microsoft's cloud-based services. Microsoft has introduced a new security feature in Windows 11 to enhance overall security.

Portfolio Pulse from Mohit Manghnani

September 15, 2023 | 12:14 pm

BTCUSD

Crypto influencer Tiffany Fong has shared a collection of unpublished posts by Sam Bankman-Fried, the former CEO of FTX, with the New York Times. The posts, which span about 70 pages, were written by Bankman-Fried during his house arrest following charges of fraud related to the collapse of FTX. The documents contain explanations for his actions, criticisms of colleagues, and personal elements. The Bitcoin price is currently $26,307, up 0.32% in the last 24 hours.

Portfolio Pulse from Mehab Qureshi

September 15, 2023 | 12:05 pm

LMT

NOC

China is reportedly planning to impose sanctions on US aerospace and defense firms Lockheed Martin Corp and Northrop Grumman Corp, alleging that they provided weapons to Taiwan. The sanctions will be executed under China's Anti-Foreign Sanctions Law. This comes after US President Joe Biden approved $80 million in funds to Taiwan last month.

Portfolio Pulse from Shivani Kumaresan

September 15, 2023 | 12:04 pm

CNXC

Concentrix, a global provider of customer experience solutions, has received all necessary regulatory approvals for its merger with Webhelp. The transaction is expected to close on or about September 25, 2023, subject to customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 12:02 pm

SPY

VGK

Ukraine's President Zelensky is expected to visit Washington next week to address Congress and meet with President Biden. This follows a stop at the UN General Assembly.

Portfolio Pulse from Charles Gross

September 15, 2023 | 11:29 am

HARP

RHHBY

Harpoon Therapeutics has begun dosing patients with small cell lung cancer in a Phase 1/2 trial of HPN328 in combination with Roche's Atezolizumab (Tecentriq).

Portfolio Pulse from Benzinga Newsdesk

September 15, 2023 | 11:19 am