LONDON/COPENHAGEN (Reuters) -Novo Holdings, the controlling shareholder of obesity drugmaker Novo Nordisk, nearly doubled annual income and investment returns to a record 8 billion euros ($8.66 billion) in 2024, it said on Wednesday. Fuelled by dividends from the company behind blockbuster weight-loss drug Wegovy and diabetes treatment Ozempic, Novo Holdings is a life sciences investment powerhouse that manages assets for...

04:24 AM EDT, 04/02/2025 (MT Newswires) -- Ecopetrol ( EC ) is considering acquiring Carlyle Group's ( CG ) Colombian oil driller, SierraCol Energy, to boost reserves and output, Bloomberg reported late Tuesday, citing an interview with Ecopetrol ( EC ) executives. Reuters reported last month that Carlyle is looking to sell SierraCol for $1.5 billion, Bloomberg said. We were...

04:03 AM EDT, 04/02/2025 (MT Newswires) -- HCW Biologics ( HCWB ) said Tuesday its board has approved a 1-for-40 reverse split of its common stock, effective April 11, to regain compliance with Nasdaq's $1 minimum bid price requirement. The move will reduce the company's total number of issued and outstanding common shares to about 1.1 million from 44.9 million....

04:16 AM EDT, 04/02/2025 (MT Newswires) -- SmartStop Self Storage REIT ( SMA ) said late Tuesday it priced a public offering of 27 million common shares at $30 each. Underwriters have a 30-day option to buy up to 4.1 million additional shares. The company expects its shares to start trading on the New York Stock Exchange Wednesday under the...