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PRFX

PainReform Ltd. (NASDAQ:PRFX) has announced a significant advancement in the development of its lead asset, PRF-110. The company has developed a new manufacturing process that allows PRF-110 to remain stable for 18 months at room temperature, a major milestone for the clinical-stage specialty pharmaceutical company.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:39 pm

BTU

Peabody Energy shares are trading higher following a Q2 earnings beat and the announcement of a $100 million buyback.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:38 pm

IRMD

iRadimed (NASDAQ:IRMD) reported Q2 2024 adjusted EPS of $0.42, beating the $0.36 estimate by 16.67%. Sales were $17.929M, surpassing the $17.649M estimate and marking an 11.15% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:37 pm

IDCC

InterDigital (NASDAQ:IDCC) reported Q2 adjusted EPS of $4.57, a 251.54% increase YoY, and sales of $223.49M, a 119.99% increase YoY, beating analyst estimates by 124.21%.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:36 pm

MBRX

Moleculin Biotech, Inc. (NASDAQ: MBRX) announced plans for a pivotal, adaptive Phase 3 clinical trial (MIRACLE trial) for the possible accelerated approval of Annamycin in combination with Cytarabine for treating relapsed or refractory AML. The decision follows a positive discussion with the FDA.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:36 pm

ARM

AZN

EWU

FXB

HSBC

RIO

SHEL

UL

The Bank of England (BoE) reduced its key interest rate by 25 basis points to 5%, marking the first cut in over four years. The decision was divided among the Monetary Policy Committee members. The BoE expects inflation to rise to 2.75% later this year but fall below target in the next two years. The British pound fell 0.5% against the dollar, while UK equities remained flat. US-listed British companies showed mixed premarket performances.

Portfolio Pulse from Piero Cingari

August 01, 2024 | 12:35 pm

COIN

Vice President Kamala Harris is pivoting towards the cryptocurrency sector to gain support from Silicon Valley's tech community, as her chances of winning the 2024 presidential race stand at 43% according to Polymarket. Her campaign has reached out to Bitcoin advocate Mark Cuban and is considering meetings with industry giants like Ripple, Coinbase, and Circle.

Portfolio Pulse from Murtuza Merchant

August 01, 2024 | 12:35 pm

CPB

Campbell Soup Company (NYSE:CPB) will transfer its stock exchange listing from the NYSE to the Nasdaq Global Select Market on August 16, 2024. The company will continue to trade under the 'CPB' ticker symbol and will join the Nasdaq Composite index. Campbell will also hold an Investor Day on September 10, 2024, at Nasdaq MarketSite.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:35 pm

SMP

Standard Motor Products (SMP) reported Q2 2024 adjusted EPS of $0.98, beating the estimate of $0.78. Sales were $389.829 million, surpassing the expected $365.599 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:35 pm

PTVE

Pactiv Evergreen shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 12:35 pm