High-rolling investors have positioned themselves bearish on PayPal Holdings ( PYPL ) , and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in PYPL often signals that someone has privileged information. Today, Benzinga's...

10:30 AM EDT, 05/02/2024 (MT Newswires) -- (Updates with additional details in third and fourth paragraphs.) Novartis AG ( NVS ) has agreed to acquire preclinical-stage biotechnology company Mariana Oncology in a deal valued at up to $1.75 billion, the companies said Thursday. Novartis ( NVS ) will make an upfront payment of $1 billion and an additional $750 million...

LONDON (Reuters) - Shell is not actively looking at relisting in New York at the moment, and is focused on share repurchases, CEO Wael Sawan said on Thursday. Sawan said on a call with analysts that the company has a responsibility to look at all opportunities to bridge Shell's valuation gap with its U.S. rivals. We will always have something...

10:32 AM EDT, 05/02/2024 (MT Newswires) -- Dow (DOW) said Thursday it has agreed to sell its flexible packaging laminating adhesives business to Arkema in a $150 million deal. Under the deal terms, five manufacturing sites in Italy, the US and Mexico will transfer to Arkema, the company said. Dow said it expects the transaction to close by the end...