08:02 AM EDT, 05/03/2024 (MT Newswires) -- Norfolk Southern ( NSC ) activist shareholder Ancora Holdings said Friday that advisory firm Egan-Jones has backed its slate of seven nominees to the railroad company's board. According to Ancora, Egan-Jones said its director nominee slate will provide a pathway for growth and competent railroad services and restore public trust at the same...

08:00 AM EDT, 05/03/2024 (MT Newswires) -- Airbus has sought financial compensation in exchange for taking on money-losing operations from Spirit AeroSystems ( SPR ) , Reuters reported late Thursday, citing people familiar with the matter. The demand has emerged as a sticking point to a deal between Spirit AeroSystems ( SPR ) and Boeing ( BA ) , its...

08:01 AM EDT, 05/03/2024 (MT Newswires) -- Buyout equity firm Sycamore Partners has expressed interest in taking Nordstrom ( JWN ) private, Reuters reported Thursday, citing people familiar with the matter. Neither Sycamore nor Nordstrom ( JWN ) immediately responded to a request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed...

Hershey Company ( HSY ) shares are trading higher after the reported better-than-expected first-quarter FY24 earnings. The company reported first-quarter FY24 sales growth of 8.9% year-on-year to $3.252 billion, beating the analyst consensus estimate of $3.112 billion. Hershey’s North America Confectionery segment net sales rose 10.4% Y/Y to $2.707 billion. Sales for Hershey’s International segment increased 1.8% to $270.3 million. Gross margin...