07:20 AM EST, 11/26/2024 (MT Newswires) -- United States Steel's ( X ) proposed sale to Japan's Nippon Steel is facing potential scrutiny from lawmakers as four House Republicans have called for the preservation of documents related to the national security review of the deal for any forthcoming oversight needs, Bloomberg reported Tuesday. Citing a letter sent to Treasury Secretary...

BRUSSELS (Reuters) - U.S.-based International Paper's ( IP ) 5.8-billion-pound ($7.29 billion) bid for British packaging firm DS Smith ( DITHF ) will be decided by EU antitrust regulators by Jan. 10, a European Commission filing showed on Tuesday. The deal, announced in April, would help International Paper ( IP ) expand its European presence at a time of consolidation...

COPENHAGEN (Reuters) - Shares of Danish weight-loss drug maker Novo Nordisk rose 1.3% on Tuesday as U.S. President Jo Biden proposed expanding coverage of anti-obesity drugs for millions on Medicare and Medicaid. This is an important step forward for patients, Novo Nordisk said in a statement commenting on the proposal, adding that the coverage could become effective in 2026. Current...

07:16 AM EST, 11/26/2024 (MT Newswires) -- Burlington Stores ( BURL ) reported fiscal Q3 adjusted earnings Tuesday of $1.55 per share, up from $0.98 a year earlier. Analysts polled by FactSet expected $1.55. Revenue for the quarter ended Nov. 2 was $2.53 billion, compared with $2.29 billion a year earlier. Analysts surveyed by FactSet expected $2.55 billion. For fiscal...