Activist Starboard Prepares to Launch Proxy Fight at Autodesk
Starboard has a more than $500 million stake and plans to nominate a minority board slate.
Rio Tinto Urges Shareholders to Reject Dual-Listing Review
The Anglo-Australian mining giant stepped up its defense of its dual-listed structure, warning that an independent review, as urged by an activist investor, could distract the mining giant from its strategic goals.
JX Advanced Metals Shares Rise in Trading Debut After $3 Billion IPO
Shares rose sharply in their trading debut after parent Eneos Holdings spun off its metals subsidiary.
Purdue Pharma Files New Reorganization Plan With $7.4 Billion for Creditors
The bankrupt drugmaker and OxyContin manufacturer will be dissolved and its assets transferred to a new company.
Morgan Stanley is the latest bank to trim its workforce. Here's why.
Morgan Stanley plans to cut between 2% and 3% of its 80,000 global employees late this month, a person familiar with the matter said on Tuesday.
Wiz Deal Buoys Cyber Startup Outlook
'This is very good for the industry,' Lightspeed Venture Partners' Arif Janmohamed says about Alphabet's multibillion-dollar acquisition of cyber startup Wiz.
Nvidia CEO Says AI Computing Needs to Surge 100-Fold
Jensen Huang announced new Rubin AI chips and corporate partnerships in a bid to shore up investor confidence in the AI boom.
Malaysian Retailer Looks to Line Up Investors Ahead of IPO, Sources Say
Eco-Shop is looking to line up investment commitments from international and domestic asset managers ahead of a planned IPO that could value the company at close to $1 billion, people familiar with the situation said.
Siemens to Cut More Than 6,000 Jobs in Automation, EV Charging Businesses
The German industrial conglomerate said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in the electric-vehicle charging business.
Alimentation Couche-Tard Posts Higher Profit, Revenue
Alimentation Couche-Tard logged higher profit and revenue in its fiscal third quarter boosted by higher same-store sales in some regions.
(END) Dow Jones Newswires
March 19, 2025 05:00 ET (09:00 GMT)
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