02:45 PM EDT, 07/08/2024 (MT Newswires) -- Southwest Airlines ( LUV ) investor Elliott Investment Management said Monday it plans to give shareholders a direct say on its proposed leadership changes at the budget carrier if it doesn't cooperate with the activist shareholder. Last month, Elliott disclosed a roughly 11% economic interest in Southwest ( LUV ) and called for...

Nike, Inc. ( NKE ) shares are experiencing significant movement downwards Monday potentially from continued momentum driven by the company’s recent fourth-quarter earnings report and subsequent revisions to its forward guidance. What Happened: The company recently reported its fourth-quarter earnings, falling short of market expectations. In response, Nike’s CFO, Matthew Friend, adjusted the company's projections for fiscal 2025, now forecasting...

02:54 PM EDT, 07/08/2024 (MT Newswires) -- Petrobras (PBR) will increase gasoline prices by around 7% for distributors starting Tuesday, Reuters reported Monday, citing a company statement. Gasoline price will increase by 0.20 reais ($0.037) per liter to an average of 3.01 reais per liter, Reuters reported. Liquefied petroleum gas prices will reportedly rise by 3.10 reais to 34.70 reais...

02:47 PM EDT, 07/08/2024 (MT Newswires) -- Rhythm Pharmaceuticals ( RYTM ) said Monday it appointed Alastair Garfield as chief scientific officer, effective July 1. Garfield most recently served as senior vice president and head of translational sciences and strategy at Rectify Pharma, Rhythm said. Shares of Rhythm were up 2.6% in recent trading. Price: 43.38, Change: +1.10, Percent Change:...