Streetbeat News

Regulatory

SEED

Origin Agritech Ltd. (NASDAQ:SEED) has been awarded a grant of approximately $280,000 from the Xinjiang government. The grant will support Origin's efforts to build a local Germplasm Bank in Xinjiang and the Company's contract growing of Nutritionally Enhanced Corn (NEC) in the region. The company sees this as a validation of their efforts to modernize agriculture in China and contribute to regional food security.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 3:56 pm

DB

Deutsche Bank AG has acknowledged the need to fulfill its commitments and close its remediation obligations in the near future.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 3:42 pm

DB

Deutsche Bank AG has expressed appreciation for the Federal Reserve's recognition of the progress it has made in recent years in remediating and resolving control weaknesses.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 3:42 pm

DB

Deutsche Bank AG has received two enforcement actions from the Federal Reserve related to its risk management programs, particularly focusing on anti-financial-crime and compliance controls. The bank has committed to maintaining robust risk management programs.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 3:41 pm

HYPR

Hyperfine has been granted European Patent Number EP3837636, titled 'Deep Learning Techniques For Suppressing Artefacts In Magnetic Resonance Images'. This patent could potentially enhance the company's product offerings and market position in Europe.

Portfolio Pulse from Happy Mohamed

July 19, 2023 | 3:27 pm

CGC

Canopy Growth Corporation (NASDAQ:CGC) shares are trading higher as the company is working to regain compliance with NASDAQ minimum bid price requirements. The company has received a non-compliance notice from NASDAQ for its closing bid price remaining below $1 per share for 30 consecutive business days. Canopy is considering a reverse stock split and will seek approval from shareholders at its annual meeting on Sept. 25.

Portfolio Pulse from Erica Kollmann

July 19, 2023 | 3:25 pm

ATVI

MSFT

Twenty-two Republican members of the U.S. House of Representatives have written a letter urging the Federal Trade Commission (FTC) to abandon its antitrust case against Microsoft's potential acquisition of Activision Blizzard. The representatives argue that the FTC's actions are obstructing a deal that could expand consumer choices. Microsoft and Activision Blizzard have announced a revised agreement, extending the deadline for the acquisition until Oct. 18.

Portfolio Pulse from Franca Quarneti

July 19, 2023 | 3:20 pm

ADMA

ADMA Biologics has received approval from the U.S. Food and Drug Administration for its ADMA BioCenters plasma collection facility, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 3:15 pm

MGTX

MeiraGTx has received a Commercial Manufacturer's/Importer's Authorization for its Quality Control testing facility at its GMP manufacturing site. This has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 3:15 pm

WEAT

Shares of Teucrium Wheat Fund ETV (WEAT) spiked after the Russian Defense Ministry announced it will consider all ships traveling to Ukrainian ports on the Black Sea as potential carriers of military cargoes from 20 July. This could potentially disrupt wheat exports from the region, impacting global wheat prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 3:15 pm