08:24 AM EDT, 05/13/2024 (MT Newswires) -- Incyte Corporation ( INCY ) said Monday in a regulatory filing its board of directors has authorized a $2 billion share buyback and has launched a modified so-called 'Dutch auction' tender offer to buy back its common stock at a price from $52 to $60 per share for a total purchase price of...

LONDON (Reuters) -BHP Group ( BHP ) said on Monday that Anglo American had rejected a revised buyout offer valuing the company at 34 billion pounds ($42.67 billion). Anglo American in April rebuffed BHP's $39 billion all-share takeover proposal, saying it was opportunistic and significantly undervalued its prospects. BHP is disappointed that the Anglo American Board has chosen not to...

By Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will travel to Stafford County, Virginia on Monday to tour a broadband infrastructure project funded by the $1.9 trillion COVID-era American Rescue Plan and underscore the importance of investing in rural areas. The Treasury Department said Yellen would visit a community where nearly 700 homes have secured broadband services...

ZURICH (Reuters) -UBS CEO Sergio Ermotti said on Monday that criticism that the bank had become too big for Switzerland and that it needed to set aside more capital were misplaced. Ermotti, who was brought back to UBS last year to lead the process of absorbing Credit Suisse after an emergency rescue, said he agreed with most of the government's...