11:13 AM EDT, 10/31/2024 (MT Newswires) -- Sylvamo ( SLVM ) said Thursday that the company and International Paper ( IP ) are mutually terminating a supply deal on Dec. 31 for uncoated freesheet, bristols and specialty papers at a mill in Georgetown, South Carolina. Sylvamo ( SLVM ) said it is moving many paper grades from Georgetown to its...

Eaton Corp ( ETN ) reported third-quarter financial results before the market open on Thursday. Here’s a look at the key metrics from the quarter. Q3 Revenue: $6.35 billion, versus estimates of $6.37 billion Q3 EPS: $2.84, versus estimates of $2.80 Eaton reported 8% organic revenue growth in the quarter. The company highlighted strong backlog growth of 25% in Electrical...

11:11 AM EDT, 10/31/2024 (MT Newswires) -- BlackRock ( BLK ) received the go-ahead from Saudi Arabia to establish its regional headquarters in Riyadh, Bloomberg reported Thursday, citing a statement from the country's senior adviser of the minister of investment. BlackRock ( BLK ) did not immediately reply to a request for comment from MT Newswires. (Market Chatter news is...

11:10 AM EDT, 10/31/2024 (MT Newswires) -- AbbVie ( ABBV ) and EvolveImmune Therapeutics said Thursday that they signed a collaboration and option-to-license agreement to develop multispecific biologics for multiple targets in oncology. The companies said the partnership will use EvolveImmune's T-cell engager platform to develop novel antibody-based therapies for solid and hematologic malignancies. Under the deal, EvolveImmune will receive...