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SPY

USO

The U.S. Energy Department has announced a solicitation for up to 1.5 million barrels of oil for delivery to the Strategic Petroleum Reserve (SPR) in January 2025. Additionally, another solicitation will be released on August 12 to purchase approximately 2 million barrels of oil for the SPR.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:26 pm

SPEC

Spectaire Holdings shares are trading lower after the company announced it will be delisted from the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:25 pm

BA

SPR

Boeing executive Ackerman reported an increase in supplier-generated defects from late 2022 through 2023 during an NTSB hearing.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:23 pm

MAX

Wolfpack Research has criticized MAX's CEO Steven Yi for his comments during the earnings call, accusing the company of using fraudulent ads and deceptive websites. They highlighted an ongoing FTC investigation and questioned the company's internal investigation. Wolfpack also noted potential negative impacts from upcoming FCC regulations.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:15 pm

BAX

Baxter has issued a voluntary nationwide recall of one lot of Heparin Sodium 0.9% Sodium Chloride Injection due to potential elevated endotoxin levels, as reported by the FDA.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 3:10 pm

HSIC

Henry Schein Inc (NASDAQ:HSIC) reported mixed Q2 earnings with adjusted EPS of $1.23, slightly beating expectations, but sales of $3.10 billion missed the consensus. The company cut its 2024 guidance due to slower recovery from a cyberattack and challenging economic conditions. HSIC stock fell by 5.91%.

Portfolio Pulse from Vandana Singh

August 06, 2024 | 1:43 pm

HCP

IBM

HashiCorp and IBM have received notification from the UK's Competition and Markets Authority (CMA) for a Phase I review of their merger. The merger is expected to close by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:33 pm

BA

The U.S. National Transportation Safety Board (NTSB) has released documents from its investigation into a January accident involving a Boeing 737 MAX 9. A Federal Aviation Administration (FAA) safety inspector highlighted a systemic issue of employees not following instructions. Boeing executive Lund noted that 737 MAX production fell to 8 planes per month after the incident but increased to 'in the low 20s' by June.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:32 pm

IBRX

ImmunityBio, Inc. (IBRX) has announced the initiation of the QUILT 502 trial to study the combination of ANKTIVA and the AdHER2DC vaccine for treating HER2-positive endometrial cancer. The trial will also include pembrolizumab and lenvatinib, and aims to evaluate the safety and preliminary efficacy of this combination therapy. The study is expected to be completed in 2026.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:30 pm

NSC

Norfolk Southern Corporation (NSC) and the American Train Dispatchers Association (ATDA) have launched a one-year pilot program under the Federal Railroad Administration's Confidential Close Call Reporting System (C3RS). This initiative allows dispatchers to report safety concerns without fear of discipline, aiming to enhance communication and safety in railroad operations.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:29 pm