09:40 AM EST, 01/29/2025 (MT Newswires) -- RTX (RTX) said Wednesday its Collins Aerospace unit will continue development of the US Navy's Cooperative Engagement Capability under a follow-on contract with a potential for up to $904 million over five years. RTX said that since 1985, it has been the sole provider of the Cooperative Engagement Capability, which enables integrated fire...

09:39 AM EST, 01/29/2025 (MT Newswires) -- Royalty Pharma ( RPRX ) said Wednesday it closed a deal to monetize the remaining fixed payments on MorphoSys' development funding bonds for $511 million in upfront cash. The company said the latest payment, plus payments received previously, results in cash proceeds of $530 million on the $300 million investment made in September...

NEW YORK (Reuters) - Investment firm D.E. Shaw has built a position in Riot Platforms ( RIOT ) and may push it to make changes, two sources familiar with the matter said, making it the second activist shareholder to do so at the cryptocurrency mining company. Reuters could not determine the size of D.E. Shaw's stake in Riot. Representatives for...

09:39 AM EST, 01/29/2025 (MT Newswires) -- Cigna Group's ( CI ) Evernorth Health Services unit said Wednesday it is introducing new measures to reduce prescription drug costs and improve transparency for Express Scripts patients and plan sponsors. The company said its standard offerings will now allow patients to pay a lower negotiated drug price rather than the full list...