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OCC Adds IEX Options to U.S. Clearing Network
OCC will clear and settle trades for IEX Options, which launched October 2 and is rolling symbols out in six planned tranches through the end of the month.
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CSL Signs Alentis Drug Partnership With $355 Million Upfront Payment
CSL will also fund Phase 2 and planned Phase 3 development of lixudebart, while Alentis can earn up to $1.2 billion in commercial milestones and 45% of global…
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Cenovus Agrees to Acquire Athabasca Oil in C$5.7 Billion Deal
Athabasca holders can elect cash or Cenovus shares, subject to pro-ration, with a shareholder vote expected in late November and closing targeted for December.
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AstraZeneca Completes $2 Billion Equity Investment in Summit Therapeutics
AstraZeneca's $2 billion purchase of Summit convertible preferred stock has closed, giving it rights equivalent to about 12% of outstanding common shares as the companies expand ivonescimab clinical…
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Applied Optoelectronics Completes $600 Million At-the-Market Equity Offering
AOI sold 5.69 million shares at an average $105.36 and received about $588 million after fees, with the proceeds aimed largely at expanding data-center optical manufacturing.
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New Fortress Energy Says Fast LNG Unit Is Offline After Gas-Turbine Issue
New Fortress Energy expects its Fast LNG unit off Altamira, Mexico, to return during the fourth quarter after a mechanical problem with the facility’s gas turbine forced the…
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Jeff Schomburger Takes Over as Tyson Foods CEO as Donnie King Steps Down
Jeff Schomburger becomes Tyson Foods president and CEO on October 4 after a planned transition, while Donnie King leaves the CEO role after five years and a 43-year…
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WasteCo COO Stephen Towsen Leaves as Leadership Changes Continue
Stephen Towsen’s Oct. 4 exit follows Brian Cohalan’s appointment as chief executive and a broader reshaping of WasteCo’s board and regional leadership.
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USPS Holiday Package Price Increases Take Effect for Peak Shipping Season
Temporary USPS peak-season pricing is now in effect for Priority Mail Express, Priority Mail, Ground Advantage and Parcel Select, with increases varying by service, weight and shipping zone.
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TOTE Maritime Starts Peak-Season Surcharge on U.S.-Virgin Islands Shipments
Beginning with vessel departures on October 4, the seasonal charge applies to shipments involving St. Croix, St. Thomas and St. John and remains in place through March 7,…