June 24 (Reuters) - Constellation Energy ( CEG ) on May 31 permanently shut down the natural gas-fired Mystic Generating Station located in Charlestown, Massachusetts, the Energy Information Administration (EIA) said in a report on Monday. The agency added Mystic's future had been uncertain when in 2018 its then-owner, Exelon ( EXC ), sought to retire the plant due to...

12:23 PM EDT, 06/24/2024 (MT Newswires) -- Argenx (ARGX) shares rose past 12% in recent Monday trading after the US Food and Drug Administration approved Vyvgart Hytrulo to treat adults with chronic inflammatory demyelinating polyneuropathy. The approval triggered a slew of price target increases from analysts, including from BofA Securities to $607 from $535, Stifel to $500 from $485, Piper...

12:23 PM EDT, 06/24/2024 (MT Newswires) -- (Updates with stock price movement in the headline and the first paragraph.) RXO (RXO) shares soared more than 23% in recent Monday trading after it struck a deal to acquire United Parcel Service's ( UPS ) freight brokerage business unit, Coyote Logistics, for about $1.03 billion in cash. The deal is expected to...

Prudential plc ( PUK ) shares are trading higher after the company launched a share buyback program worth $2 billion. The company expects to complete the share buyback no later than mid-2026. CEO Anil Wadhwani, said, “Progress towards our financial objectives will increase the potential for further cash returns to shareholders. Our dividend policy remains unchanged, with the Board continuing...