Streetbeat News

Regulatory

PARA

Paramount Global shareholder Mario Gabelli is requesting the FCC to delay the review of the Skydance-Paramount merger until more financial details are disclosed. Gabelli, who has been critical of the merger, is seeking greater transparency.

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November 12, 2024 | 11:30 pm

CEG

Constellation Energy Corporation has experienced stock volatility due to regulatory concerns, but the company is expanding capacity and projects significant earnings growth. Despite market fears, bipartisan support for nuclear power and increasing data center demand suggest these concerns may be overstated.

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November 12, 2024 | 11:30 pm

XHG

XChange TEC.INC has received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement of $1 per share, risking delisting if not rectified.

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November 12, 2024 | 11:15 pm

KORE

KORE Group Holdings, Inc. is rescheduling its Q3 2024 financial results release and webcast due to a restatement of its Q2 2024 financial statements. The restatement is not expected to impact revenues, cash flows, or adjusted EBITDA.

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November 12, 2024 | 11:00 pm

NRDY

Nerdy Inc. has received a notice from the NYSE for non-compliance with listing criteria due to its stock price being below $1.00 for 30 consecutive trading days. The company plans to address this issue.

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November 12, 2024 | 11:00 pm

CCJ

Cameco has voluntarily filed a technical report for the Inkai operation under National Instrument 43-101, providing updated information. This filing is not due to a regulatory requirement.

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November 12, 2024 | 10:45 pm

NVAX

Levi & Korsinsky has initiated an investigation into Novavax, Inc. for potential securities fraud violations. This follows the FDA's clinical hold on Novavax's combination influenza and Covid-19 shot and its stand-alone influenza vaccine, announced on October 16, 2024.

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November 12, 2024 | 10:45 pm

AYRWF

Amethyst Health, a partnership between Black Star Wellness and AYR Wellness, has been conditionally awarded a vertically integrated medical cannabis license in New York. This development was announced at the New York Cannabis Control Board meeting.

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November 12, 2024 | 10:45 pm

BEN

Levi & Korsinsky has initiated an investigation into Franklin Resources, Inc. (NYSE:BEN) for potential securities fraud violations. This follows a Wells Notice received by Ken Leech, co-CIO of its subsidiary Western Asset Management, from the SEC.

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November 12, 2024 | 10:30 pm

EPIX

Levi & Korsinsky has initiated an investigation into ESSA Pharma Inc. for potential securities fraud. This follows ESSA's announcement of ending its Phase 2 trial for a prostate cancer treatment.

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November 12, 2024 | 10:30 pm