Streetbeat News

Regulatory

MYO

Myomo, Inc. (NYSE:MYO), a wearable medical robotics company, has received payments for two claims submitted for MyoPro® arm braces provided to Medicare fee-for-service beneficiaries. The company recently delivered the custom-fabricated MyoPro braces to these two patients. The Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that includes orthoses/braces such as the MyoPro. If the proposed rule is finalized, MyoPro braces provided to Medicare Part B beneficiaries will be paid on a lump sum basis.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 8:24 pm

DWAC

Digital World Acquisition Corp. (DWAC) has received a notification from Nasdaq regarding a delay in the submission of its quarterly report on Form 10-Q.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:20 pm

PEGR

Project Energy Reimagined Acquisition Corp (PEGR) has received a notice from Nasdaq regarding a delay in its quarterly report. The specifics of the notice and its potential impact on PEGR's operations or stock performance are not detailed in the news.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:19 pm

AMRX

Amneal Pharmaceuticals has announced that JAMA Neurology has published the results of a Phase 3 study comparing IPX203 to immediate-release Carbidopa/Levodopa for Parkinson's disease. The study found that IPX203 demonstrated a statistically significant improvement in daily 'Good Time'.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 8:04 pm

COIN

Coinbase Assets has announced the suspension of trading for six cryptocurrency assets, including BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI), and Voyager (VGX), effective from Sept. 7, 2023. The decision, part of Coinbase's commitment to maintaining high-quality standards, has led to price plunges for these assets. Multichain, in particular, is facing issues including the CEO's arrest and a loss of over $109 million in crypto.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 7:35 pm

TSLA

Tesla Inc (NASDAQ:TSLA) and CEO Elon Musk are expected to pay out approximately $41.5 million to 3,350 eligible claimants who lost money after Musk's 2018 tweet about taking the company private. The payout is part of a settlement with the U.S. Securities and Exchange Commission (SEC) over a lawsuit accusing Musk of defrauding investors. The SEC settlement also included $20 million in payments from both Musk and Tesla, and Musk stepping down as chairman of Tesla.

Portfolio Pulse from Adam Eckert

August 24, 2023 | 6:58 pm

SPY

VGK

The Pentagon has stated that there is no information to suggest that a surface-to-air missile was responsible for taking down Prigozhin's aircraft.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 6:52 pm

FXI

SPY

U.S. Treasury's Adeyemo expressed concerns about developing economies and those in Asia and Europe that are reliant on the Chinese economy for growth. He also mentioned that U.S. economic momentum is being driven by investments in infrastructure, green energy, and underserved communities.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 6:50 pm

FXI

SPY

U.S. Treasury's Adeyemo has expressed concern over the weakening Chinese economy and its global implications. However, he believes the U.S. is well-prepared to handle the economic headwinds created by this situation.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 6:49 pm