01:06 PM EDT, 08/08/2024 (MT Newswires) -- Bausch Health's ( BHC ) plan to spinoff its eye-care unit Bausch + Lomb is stalled due to a disagreement between major shareholders and debtholders, the Wall Street Journal reported Thursday, citing sources with knowledge of the details. Top shareholders, including Carl Icahn and Paulson, favor a spinoff, but are at odds with...

YAOUNDE, Aug 8 (Reuters) - Cameroon's domestic traded cocoa volumes rose 1.17% to 266,725 metric tons in the 2023/24 season compared with the same period a year ago, data from the National Cocoa and Coffee Board (NCCB) regulator showed on Thursday. The data for the season that ran from Aug. 1 2023, to July 15, 2024, showed that Telcar Cocoa,...

(Reuters) -Novavax on Thursday trimmed its annual revenue forecast again and said it would pare back its presence in Europe through the rest of the year, ahead of handing over the rights to sell its COVID-19 vaccine to partner Sanofi in 2025. The company's vaccine had failed to make a significant dent in the market share of early COVID-vaccine entrants...

NEW YORK (Reuters) - Investment bankers working on debt underwriting may see bonuses climb by 25% to 35% this year, and bankers handling initial public offerings could see a 20% to 30% jump in 2024, Johnson Associates, a Wall Street compensation analysis firm said in a report. Strong growth in debt issuance, and IPO activity that has already raised more...