International Paper Company ( IP ) shares are trading higher after the company disclosed that its board of directors has appointed Andrew Silvernail as Chief Executive Officer (CEO), effective May 1, 2024. Silvernail will succeed Mark Sutton, who has previously announced the final phase of the CEO succession process. Sutton will continue as the Chairman of the International Paper’s Board of Directors...

01:40 PM EDT, 03/19/2024 (MT Newswires) -- AstraZeneca ( AZN ) said Tuesday it has agreed to acquire Fusion Pharmaceuticals ( FUSN ) in a deal valued at about $2.4 billion Fusion shares almost doubled as intraday trading volume shot to more than 35 million from a daily average of about 1.3 million. National CineMedia ( NCMI ) shares surged...

01:39 PM EDT, 03/19/2024 (MT Newswires) -- Legend Biotech ( LEGN ) on Tuesday filed a registration with the US Securities and Exchange Commission to sell securities from time to time. The company may offer ordinary shares, American depositary shares representing ordinary shares, debt securities and warrants and use proceeds to fund research and clinical development activities or manufacture or...

01:39 PM EDT, 03/19/2024 (MT Newswires) -- (Updates to add detail in the third paragraph and a request for comments to BlackRock ( BLK ) in the fourth paragraph.) BlackRock ( BLK ) was informed Tuesday that the Texas Permanent School Fund is ending the asset manager's management of roughly $8.5 billion in assets, the chairman of the State Board...