11:43 AM EDT, 06/26/2024 (MT Newswires) -- Rapid7 ( RPD ) activist investor Jana Partners intends to push the company to sell itself, The Wall Street Journal reported Wednesday, citing people familiar with the matter. Jana has built a stake in the cybersecurity company, according to the report. Rapid7 ( RPD ) didn't immediately respond to MT Newswires' request for...

NEW YORK, June 26 (Reuters) - Institutional Shareholder Services on Wednesday recommended that Vista Outdoor ( VSTO ) shareholders abstain from voting for a proposed merger next week, arguing they should hold out for a better deal for the entire company. ISS wrote Continue to abstain on the proposed merger; support the adjournment proposal, in a recommendation seen by Reuters....

11:44 AM EDT, 06/26/2024 (MT Newswires) -- (Updates with details in second to fourth paragraphs, and share price movement in the last paragraph.) Novo Nordisk A/S ( NVO ) said Wednesday it will recognize an impairment loss of around 5.7 billion Danish krone ($816.2 million) in Q2 after its Clarion-CKD phase 3 trial failed to meet its primary endpoint. The...

Unifirst Corporation ( UNF ) shares are trading higher after the company reported better-than-expected third quarter financial results. Quarterly sales of $603.33 million beat the analyst consensus of $601.29 million. Unifirst ( UNF ) registered first quarter operating income of $48.5 million, an increase of 45.1% year over year. The company clocked diluted earnings per share of $2.03, up 57.4%...