Streetbeat News

Regulatory

LFCR

Lifecore Biomedical has received a written notice from the Nasdaq Listing Qualifications Department confirming that the company has regained compliance with the filing requirement as per Nasdaq Listing Rule.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:11 am

MRK

Health Canada has approved Merck's Keytruda for adult and pediatric patients with specific types of solid tumors that have progressed after prior treatment and have no satisfactory alternative options.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:03 am

SYTA

Siyata Mobile Inc. has received BIS certification for its SD7 handset battery and power supply, enabling sales in India through Consort Digital. This certification is expected to boost sales of Siyata's Push-to-Talk devices in the Indian market.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:01 am

VFS

The National Highway Traffic Safety Administration (NHTSA) has initiated a preliminary evaluation into VinFast Auto Ltd.'s VF8 vehicles due to complaints about the Lane Keep Assist system. The system reportedly activates in error, struggles to detect lanes, and provides improper steering inputs, potentially increasing crash risks. The investigation will determine if a safety issue exists in the 2023-2024 VF8 models.

Portfolio Pulse from Anan Ashraf

September 12, 2024 | 10:55 am

IEV

SPY

The European Central Bank (ECB) is expected to initiate global rate cuts, potentially influencing the U.S. Federal Reserve and other central banks. This move is anticipated to increase market volatility, with LPL Financial maintaining a neutral stance on equities. The SPDR S&P 500 ETF Trust (SPY) and iShares Europe ETF (IEV) showed slight gains in recent trading.

Portfolio Pulse from Shanthi Rexaline

September 12, 2024 | 8:54 am

NSC

Norfolk Southern has appointed Mark R. George as the new CEO after terminating Alan H. Shaw for policy violations. The company also terminated Nabanita Nag as Chief Legal Officer. Despite these changes, Norfolk Southern reaffirms its full-year 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:20 am

TMUS

T-Mobile US, Inc. successfully sent the first wireless emergency alert via SpaceX's Starlink satellites, marking a significant advancement in emergency communication. This partnership aims to provide connectivity in remote areas, with plans for further testing and commercial launch.

Portfolio Pulse from Anan Ashraf

September 12, 2024 | 8:14 am

BTG

B2Gold and the Mali government have finalized an agreement on the Fekola Complex, expediting key mining permits. This includes the exploitation permits for Fekola Regional and the approval of the exploitation phase of Fekola underground. The agreement ensures stability under Mali's mining codes and resolves existing disputes.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:58 am

IVBIY

Innovent's Phase 3 DREAMS-2 trial shows mazdutide's superiority over dulaglutide in glycemic control and weight reduction for Chinese Type 2 Diabetes patients. Mazdutide also improved cardiometabolic risk factors.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:55 am

AAPL

AMZN

MSFT

Apple has started producing its iPhone 16 series in India, marking a shift from its traditional reliance on China. This move is part of a broader trend among tech giants like Apple, Microsoft, and Amazon, who are diversifying production away from China due to geopolitical tensions and economic risks.

Portfolio Pulse from Benzinga Neuro

September 12, 2024 | 7:46 am