Streetbeat News

Regulatory

CEG

MSFT

Pennsylvania Governor Josh Shapiro is urging regulators to expedite the integration of the Three Mile Island nuclear reactor into the power grid, enabling Microsoft to use its power by 2028. Microsoft has a 20-year power purchase agreement with Constellation Energy, which owns the reactor. This move aligns with Microsoft's sustainability goals and has positively impacted Constellation Energy's stock.

Portfolio Pulse from Ananya Gairola

September 24, 2024 | 4:04 am

XOM

California has filed a lawsuit against ExxonMobil, accusing the company of misleading the public about the recyclability of plastics. The lawsuit claims ExxonMobil engaged in a long-term campaign of deception, violating state laws on water pollution, unfair competition, and false advertising. This legal action is part of a broader effort to address plastic pollution.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 3:44 am

DE

Mark Cuban criticized Donald Trump's proposal to impose a 200% tariff on John Deere for moving production to Mexico, calling it a threat to the company. Trump's comments are part of his broader tariff strategy, which has been met with skepticism.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 1:47 am

ATR

AptarGroup's N-Sorb solution, which uses their 3-Phase Activ-Polymer technology, has been accepted into the FDA Emerging Technology Program. This addresses concerns about N-nitrosamine impurities in pharmaceuticals.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 9:01 pm

PGNY

SPY

Senate Democrats are pushing for a vote on emergency abortion care, using it as a key issue in their pre-election strategy. This move is part of a broader effort to highlight reproductive rights as a central campaign issue against Republicans.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:41 pm

NVO

Novo Nordisk's CEO Lars Fruergaard Jorgensen attributes the high US prices of Ozempic and Wegovy to the tactics of drug middlemen. He is set to present this argument before a congressional committee led by Senator Bernie Sanders.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:39 pm

DXF

Dunxin Financial Holdings has received a delisting notice from the NYSE, which could impact its stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:33 pm

DBVT

DBV Technologies has completed the screening process for its VITESSE Phase 3 trial, which is evaluating the Viaskin Peanut patch in children aged 4-7. The topline results of this trial are expected by the fourth quarter of 2025.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:31 pm

ELLO

Ellomay Capital has entered an agreement to sell Investment Tax Credits from four Texas solar projects, expecting to receive $19M, which is 32% of the total portfolio costs. The projects are expected to be completed by mid-2025, allowing Ellomay to retain all operating profits.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:19 pm

XLE

Oil prices fell by over 1% due to concerns about global demand, despite escalating conflict between Israel and Hezbollah. U.S. energy stocks, tracked by the Energy Select Sector SPDR Fund (XLE), remained flat. The conflict in the Middle East is intensifying, with significant military actions and international responses.

Portfolio Pulse from Piero Cingari

September 23, 2024 | 8:11 pm