12:54 PM EDT, 07/09/2024 (MT Newswires) -- RTX (RTX) is in advanced talks to sell its Collins Aerospace division to private-equity firm Arcline Investment Management in a deal with a value of at least $500 million, Bloomberg reported Tuesday, citing people familiar with the matter. Signia Aerospace, which is backed by Arcline, may announce a deal as soon as this...

UiPath, Inc. ( PATH ) shares are trading lower Tuesday after the company revealed plans for restructuring actions to manage its operating expenses including a 10% workforce reduction. The Details: UiPath ( PATH ) revealed in an SEC filing that its board of directors has approved restructuring actions to manage its operating expenses and will include an overall reduction of...

SAO PAULO (Reuters) - A consulting firm hired by Vale to help it with its CEO succession process has presented the Brazilian miner's board of directors with 15 potential candidates, local newspaper O Globo reported on Tuesday. Among those suggested by Russell Reynolds for Vale's top job are the heads of big Brazilian firms, the report said, naming Embraer's Francisco...

12:51 PM EDT, 07/09/2024 (MT Newswires) -- Canadian Net Real Estate Investment Trust (NET-UN.V) said Tuesday it secured approvals from the TSX Venture Exchange for the annual renewal of its normal course issuer bid. Under the renewed NCIB, Canadian Net may buy for cancellation a maximum of 1 million units, which represents about 5% of the units in circulation. The...