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Regulatory

AAPL

EWC

The Autorité des marchés financiers (AMF) has entered into an agreement with Apple Canada, where Apple has agreed to pay an administrative penalty of $175,000. Additionally, Apple has committed to ensuring that the AppleCare+ plan is offered by an authorized insurer in Québec.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:32 pm

SPY

In a Bloomberg TV interview, Federal Reserve's Mester emphasized that as inflation decreases, both the Fed's mandates of maximum employment and stable prices remain crucial. She also stated that politics does not influence FOMC meetings.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:27 pm

SPY

Federal Reserve's Mester stated that the current policy is well-positioned to handle risks on both sides, aiming to maintain a healthy job market as inflation decreases. Business feedback aligns with economic data, indicating difficulties in raising prices this year.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:24 pm

SPY

In a recent interview with Bloomberg TV, Federal Reserve Bank of Cleveland President Loretta Mester stated that the U.S. is unlikely to reach its 2% inflation target until 2026. This suggests a prolonged period of higher interest rates and potential economic adjustments.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:20 pm

SPY

Federal Reserve's Mester stated that more work is needed to gain confidence in inflation control. She noted that the median SEP projection aligns closely with her economic outlook and emphasized the need for a few more months of consistent inflation data.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:19 pm

LRHC

La Rosa Holdings shares are trading higher after the company filed a request for the withdrawal of its registration statement on a Form S-1.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:00 pm

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