July 23 (Reuters) - Medline Industries is considering an initial public offering that could fetch a valuation of $50 billion for the medical supplies company, Bloomberg News reported on Tuesday. The company and its private equity owners are already in early-stage talks with banks regarding a potential listing as soon as the spring of 2025, the report said, citing people...

03:40 PM EDT, 07/23/2024 (MT Newswires) -- Honda Motor ( HMC ) said Tuesday it is recalling 39 Prologue SUVs produced in 2024 due to a defect in the right front lower control link, potentially causing it to fracture. The automaker said if the link fractures, it can cause a sudden loss of control and increase the risk of a...

AST SpaceMobile, Inc. ( ASTS ) is experiencing movement in its stock price Tuesday. Here’s what you need to know. What To Know: The session volume stands at 6.772 million shares, significantly higher than the stock’s 100-day average volume of 11.084 million shares. What Else: Earlier this month, Chairman and CEO Abel Avellan published a letter to partners, shareholder and...

Embecta ( EMBC ) Corp , a manufacturer of disposable insulin pen needles and syringes, is considering a potential sale following a significant drop in its share price since being spun off from health tech giant Becton, Dickinson and Company ( BDX ) . The medical technology company, which supplies approximately 8 billion syringes and needle pens annually across more...