Streetbeat News

Regulatory

ICPT

Intercept Pharmaceuticals received a Complete Response Letter (CRL) from the FDA for its New Drug Application (NDA) for obeticholic acid (OCA) as a treatment for pre-cirrhotic fibrosis due to NASH. The company will discontinue all NASH-related investment and restructure its operations to focus on rare and serious liver diseases.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:46 pm

TMKR

Tastemaker Acquisition Corp. (NASDAQ:TMKR) has announced the termination of its proposed business combination with Quality Gold, Inc. due to challenging market conditions. The SEC has not declared the S-4 registration statement for the business combination effective.

Portfolio Pulse from Charles Gross

June 22, 2023 | 9:31 pm

MMM

3M has entered a broad class resolution to support PFAS remediation for public water suppliers, with a commitment of up to $10.3 billion payable over 13 years.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:03 pm

LOV

Spark Networks SE received a notice from Nasdaq on June 21, denying the company's request for continued listing on the stock exchange.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:02 pm

GNLN

Greenlane Holdings (GNLN) has regained compliance with Nasdaq listing requirements, ensuring its continued listing on the stock exchange.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:02 pm

SKLZ

Skillz has announced a 1-for-20 reverse stock split, effective June 23, 2023, to return to compliance with the New York Stock Exchange continued listing standards. The split was authorized by Skillz stockholders at the Annual Meeting of Stockholders on June 20, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:01 pm

EJH

Nasdaq has granted E-home Household Service (EJH) an additional 180 calendar days, until December 18, to regain compliance with the stock exchange's requirements.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:01 pm

AMGN

HOTH

California, Minnesota, and Wisconsin have joined the FTC lawsuit to stop Amgen's $27.8 billion acquisition of Horizon Therapeutics, according to a Reuters report citing a court filing.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:45 pm

TRUP

Trupanion's shares are trading higher after the company received approval for its requested rate increases in California and New York.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:29 pm

GOOG

MSFT

Indian Prime Minister Narendra Modi's visit to the US highlights the strengthening relationship between the two countries, with President Joe Biden emphasizing its importance in the 21st century. India's growing economy and strategic position make it a crucial ally for the US in the new geopolitical order, particularly in countering China's influence and reducing dependence on Russia for defense equipment.

Portfolio Pulse from Natan Ponieman

June 22, 2023 | 8:25 pm