Streetbeat News

Regulatory

LEG

Leggett & Platt Inc has filed for a mixed shelf offering, with the size of the offering not disclosed, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 4:55 pm

LRHC

La Rosa Holdings Corp. (NASDAQ: LRHC) has filed a Request for Withdrawal of its Registration Statement on Form S-1 with the SEC. The Registration Statement had not been declared effective, and no securities were sold in connection with the offering.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 4:32 pm

BA

Republican Senator Grassley has initiated a congressional oversight inquiry into the FAA and Boeing following a mid-air emergency involving a 737 MAX 9 on January 5th.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 4:31 pm

GOOG

GOOGL

A judge has ruled that the antitrust suit against Google's ad tech practices will go to trial. This decision could have significant implications for Google's business operations and its stock price.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 4:30 pm

ALK

BA

EADSY

ITA

PPA

SPR

The FAA is investigating Boeing and Airbus for potentially falsified documentation of titanium parts, which could impact the integrity of their aircraft. Spirit AeroSystems, a key supplier, has quarantined suspect parts. Boeing and Airbus stocks are trading lower due to the news.

Portfolio Pulse from Shivani Kumaresan

June 14, 2024 | 3:49 pm

DWAC

Trump Media & Technology Group shares are trading lower following the board's confirmation of the S-1 Registration statement issued on June 10.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 3:43 pm

RGR

SWBI

VSTO

President Biden has reacted to the Supreme Court's ruling on 'bump stocks', stating that the decision strikes down an important gun safety regulation.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 3:40 pm

AMZN

Amazon is facing a proposed class action lawsuit accusing it of monopolizing the audiobook market, leading to higher distribution fees for authors. The lawsuit claims Amazon's exclusivity agreements impair competition and affect billions in sales. The case seeks over $5 million in damages and class action status for thousands of authors.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 3:36 pm

AAPL

VGK

Apple is set to face charges from the European Commission for allegedly stifling competition on its App Store, marking the first use of the EU's Digital Markets Act against a Big Tech company. The charges could lead to daily penalties of up to 5% of Apple's average daily worldwide turnover. The EU is also investigating Alphabet and Meta for similar issues.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 3:34 pm

AMC

BNPQY

BYND

GME

HSBC

KOSS

KSS

SAVE

South Korea has extended its ban on short selling until March 30, 2025, to combat illegal naked short-selling practices. The decision follows fines imposed on HSBC Holdings and BNP Paribas. The government will impose life imprisonment and harsher fines for illegal short-selling activities.

Portfolio Pulse from Hayden Buckfire

June 14, 2024 | 3:33 pm