10:49 AM EDT, 05/28/2024 (MT Newswires) -- Portland General Electric ( POR ) said Tuesday that it signed a memorandum of understanding with Grid United and ALLETE ( ALE ) to develop the North Plains Connector transmission line. The company said they will work to finalize definitive agreements over its participation, which is expected to involve a 20% ownership share...

Deep-pocketed investors have adopted a bearish approach towards Lam Research ( LRCX ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LRCX usually suggests something big is about to happen. We gleaned this information...

10:44 AM EDT, 05/28/2024 (MT Newswires) -- S&P Global Ratings said Tuesday that it has affirmed all its ratings on Canadian Pacific Railway (CP.TO) and related subsidiaries, including its BBB+ issuer credit rating on the company. In summary, the rating agency believes the freight railroad services provider is well-positioned to deleverage to the mid-20% area for funds from operations to...

10:46 AM EDT, 05/28/2024 (MT Newswires) -- BioNTech (BNTX) has received an exclusive licensing option to develop several prospective treatments using the Tmalin antibody-drug conjugate platform developed by MediLink Therapeutics, the Chinese biotech company said. Under the terms of the agreement, BioNTech will pay $25 million upfront to MediLink, which will also be eligible to receive up to $1.8 billion...