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Business / Finance

2023-11-02 03:50:03

DuPont scraps $5.2 billion Rogers buyout due to China hurdles

Channel NewsAsia

By Cna

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(Reuters) -Chemicals maker DuPont De Nemours Inc said on Tuesday it was ending its $5.2 billion buyout of Rogers Corp, the first collapse of a major U.S. deal in four years caused by a failure to clear Chinese regulatory hurdles.

DuPont said the termination of the deal was agreed with Rogers as they have been unable to obtain timely clearance from all the required regulators. They said in September that they had received all regulatory approvals for the deal except from China.

#reuters#portfolio#split#rogers#dupont

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Business / FinanceBy Cna2024-03-27 08:03:34

Nanoco rejects shareholder group's concerns, bosses will not step down

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide :Nanoco Group...

#technology#ceo#nanotechnologycompany#electronicsco#priorstatements

Business / FinanceBy Cna2024-03-27 08:03:34

Group of Nanoco shareholders ask top bosses to step down over Samsung settlement

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide :A group of...

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Business / FinancePress Release2024-03-27 05:44:16

Mastic Remover Market 2022 Overview and Precise Outlook: Shaw Industries, Aramsco, ArmorPoxy, Citrus Depot, Franmar

Mastic Remover Market Size Worth $990.6 Million by 2031 | CAGR: 6.4%: AMR PORTLAND, OREGON, UNITED STATES, March 27, 2024 / EINPresswire.com / -- According...

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EconomyPress Release2024-03-27 06:10:00

Bio-Based Polyethylene Market to Hit $1.5 Bn By 2032, Says Global Market Insights Inc.

Major Bio-based polyethylene market participants include Toyota Tsusho Corporation, The Dow Chemical Company, LyondellBasell, Kuraray Co., Ltd., Braskem,...

#polyethylenemarket#dow#bio#management#health

MarketsBy Charles Kennedy2024-03-27 08:30:00

Chinese Oil Giant Sinopec Posts Lower-Than-Expected Profits In 2022

China’s state oil major Sinopec reported lower-than-expected net figures for 2022, citing the impact of Covid lockdowns that stifled China’s economy last...

#economy#bloomberg#revenue#business#policy

MarketsBy Davit Kirakosyan2024-03-27 11:52:35

Hedge funds and C-suites: Trump-linked DWAC fires CEO | Pro Recap

By Davit Kirakosyan Investing.com -- Here is your weekly Pro Recap of the biggest news out of hedge funds and company top brass you may have missed on...

#ceo#dwac#nasdaq#president#security

MarketsPress Release2024-03-27 14:43:00

Aramco to expand presence in China by acquiring 10% stake in Rongsheng Petrochemical

- Deal involves placement of 480,000 barrels per day of crude to the largest integrated refining and chemicals complex in China DHAHRAN, Saudi Arabia, March...

#aramco#gas#insurance#health#safety

Business / FinanceBy Cna2024-03-26 13:36:27

Sinopec's 2022 net profit falls 6.9% as COVID curbs hit fuel, chemicals demand

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide SINGAPORE :...

#stock#market#aviation#government#sinopec

MarketsBy Henry Khederian2024-03-27 14:02:00

Why NuCana Shares Are Nosediving - NuCana (NASDAQ:NCNA)

NuCana PLC NCNA shares are trading lower by 36.19% to $0.79 Monday morning after the European Patent Office said NuCana's 190 patent is not valid. What Else?...

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Business / FinanceBy Benzinga Insights2024-03-27 16:01:25

Earnings Preview For PDS Biotechnology - PDS Biotechnology (NASDAQ:PDSB)

PDS Biotechnology PDSB is set to give its latest quarterly earnings report on Tuesday, 2023-03-28. Here's what investors need to know before the...

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CryptocurrenciesBy Veronika Rinecker2024-03-27 13:54:14

UBSs acquisition of Credit Suisse brings some good and bad for crypto

On Sunday, March 19, the 167-year history of banking giant Credit Suisse ended with a takeover by the largest Swiss bank, UBS. Under pressure from the Swiss...

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Business / FinancePress Release2024-03-27 06:00:00

Carbon Neutral Royalty Announces Closing of C$25 Million Financing

LONDON, March 27, 2024 /CNW/ -- Carbon Neutral Royalty Ltd. (" CNR " or the " Company ") (Private), a permanent capital vehicle with a mission to accelerate...

#finance#economy#guidance#ceo#portfolio

MarketsBy Zacks2024-03-27 11:31:00

Lockheed Martin (LMT) Wins $474M Deal for Trident II Missile

Lockheed Martin Corp. s LMT business segment, Space Systems, recently clinched a modification contract for the Trident II (D5) missile. The deal has been...

#trident#lmt#LockheedMartin#development#revenue

MarketsPress Release2024-03-27 11:30:00

Royalty Pharma Announces $1.0 Billion Share Repurchase Program

Royalty Pharmas founder and Chief Executive Officer, Pablo Legorreta, has also indicated that he intends to purchase up to an additional $50 million of the...

#royaltypharma#repurchaseprogram#nasdaq#innovation#security

Business / FinancePress Release2024-03-27 16:10:00

IIROC Trading Halt - EMPR.WT

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#security#market#pmiiroc#halttime#equitymarketplaces

MarketsBy Anusuya Lahiri2024-03-27 14:35:51

Vislink Registers 16% Revenue Decline In FY22, Names Insider Paul Norridge As New CFO - Vislink Technolog

Vislink Technologies, Inc VISL reported an FY22 revenue decline of 16.2% year-on-year to $28.4 million. EPS loss per share was $(0.29) versus $(0.38) per...

#technology#finance#bond#cash#ceo

Business / FinanceBy Rtt News2024-03-27 12:37:27

Vertex Pharma Inks Licensing Agreement To Use CRISPR Therapeutics' Gene Editing Technology

(RTTNews) - Biotechnology company Vertex Pharmaceuticals, Inc. (VRTX) and gene editing company CRISPR Therapeutics, Inc. (CRSP) announced Monday that they...

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MarketsBy David Moadel2024-03-27 15:23:36

NIO Stock: Nio Just Signed a New 5-Year Agreement

Is Nio’s (NYSE: NIO ) just-announced collaboration with China-based die-casting parts supplier Wencan Group good news, or not? It seems that financial...

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MarketsBy Parkev Tatevosian2024-03-27 15:06:14

Is It Finally Time to Buy Peloton Stock?

Peloton 's ( PTON 2.10%) new management team has been working diligently to recover from rapidly changing consumer behavior in newly reopened economies. This...

#economy#pelotonstock

Business / FinanceBy The Motley Fool2024-03-27 15:06:14

Is It Finally Time to Buy Peloton Stock?

Peloton 's (NASDAQ: PTON) new management team has been working diligently to recover from rapidly changing consumer behavior in newly reopened economies....

#pelotonstock#nasdaq#economy#opinion#motleyfool