06:42 AM EDT, 09/30/2024 (MT Newswires) -- Freeport-McMoRan ( FCX ) plans to increase its copper output rather than make acquisitions to grow the company, Reuters reported Sunday, citing an interview with Chief Executive Kathleen Quirk. We're really, really focused on creating value from the assets that we have, Reuters quoted her as saying. I don't see Freeport as having...

06:36 AM EDT, 09/30/2024 (MT Newswires) -- Johnson & Johnson ( JNJ ) said on Friday that long-term data from the Phase 3 study of its experimental therapy, Carvyktif, showed statistically significant and clinically meaningful improvement in overall survival in certain patients with relapsed or lenalidomide-refractory multiple myeloma. The company said the three-year follow-up data from the study also showed...

(Reuters) - Verizon Communications ( VZ ) is in advanced talks to sell thousands of mobile phone towers to digital infrastructure firm Vertical Bridge, Bloomberg News reported on Monday, citing people familiar with the matter. The transaction, which can be announced as soon as Monday, could value the 6,339 towers at about $3.3 billion, the report said. Under the terms...

06:39 AM EDT, 09/30/2024 (MT Newswires) -- Stellantis' ( STLA ) US-listed shares dropped early Monday after the automaker slashed its full-year adjusted operating income margin and free cash flow projections amid deteriorating global industry trends. The parent company of Chrysler and Jeep now expects its adjusted operating income margin to be between 5.5% and 7% for 2024, down from...