Streetbeat News

Regulatory

JNJ

Johnson & Johnson's investigational drug nipocalimab shows significant clinical improvement in Sjögren's disease patients, leading to FDA Breakthrough Therapy Designation.

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November 14, 2024 | 3:15 pm

SMCI

Super Micro Computer is facing a critical deadline on November 16, which could significantly impact the company's future. The outcome of this situation is highly anticipated by investors.

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November 14, 2024 | 3:00 pm

BKNG

The European Commission has announced that hotels listed on Booking.com in Europe can now offer better rates on other platforms or directly, as new rules come into effect.

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November 14, 2024 | 3:00 pm

CADL

Candel Therapeutics CEO Paul Peter Tak is optimistic about a 'paradigm shift' in prostate cancer treatment as the company nears phase 2b and phase 3 trial data releases for its lead therapy, CAN-2409. The data, expected in Q4 2024, could lead to new regulatory approvals.

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November 14, 2024 | 3:00 pm

WTMA

Welsbach Technology Metals Acquisition Corp. (NASDAQ: WTMA) and Evolution Metals LLC have filed a registration statement on Form S-4 with the SEC for a proposed business combination.

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November 14, 2024 | 3:00 pm

SHMN

SOHM, Inc. has received an official notice of patent allowance from Japan's Patent Office for its transformative genome-edited products, which could impact its pharmaceutical, nutraceutical, and cosmeceutical offerings.

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November 14, 2024 | 2:45 pm

BEN

Levi & Korsinsky has initiated an investigation into Franklin Resources, Inc. (NYSE:BEN) for potential violations of federal securities laws. This follows a Wells Notice received by Ken Leech, co-Chief Investment Officer of its subsidiary, Western Asset Management Company.

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November 14, 2024 | 2:45 pm

META

Meta has been fined $840 million by the European Union for allegedly abusing its dominance in social networking to unfairly boost its Marketplace service. Meta plans to appeal the decision.

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November 14, 2024 | 2:45 pm

BTI

MO

PM

Tobacco companies such as Philip Morris International (PM), Altria Group (MO), and British American Tobacco (BTI) are focusing on smoke-free products to adapt to health trends and regulatory changes. Despite a decline in cigarette sales, these companies maintain a positive outlook due to strong pricing power and growth in reduced-risk products (RRP).

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November 14, 2024 | 2:30 pm