09:25 AM EDT, 10/24/2024 (MT Newswires) -- FREYR Battery ( FREY ) said Thursday it has secured a 122 million euro ($131.7 million) grant from the European Union Innovation Fund to support its potential Cathode Active Materials, CAM, manufacturing project in Vaasa, Finland. The company said the project aims to produce Lithium Iron Phosphate CAM at an industrial scale, with...

Honeywell International Inc. ( HON ) shares are trading lower after the company reported third-quarter results and updated FY24 guidance. Revenue grew 6% year-over-year (organic: +3%) to $9.728 billion, missing the consensus of $9.901 billion. The sales increase was attributed to strong growth in defense and space, commercial aviation, and building solutions. Adjusted EPS was $2.58 (+8% Y/Y), beating the consensus of $2.50. Sales by Segments: Aerospace Technologies $3.912 billion (+12% Y/Y), Industrial Automation $2.50...

09:28 AM EDT, 10/24/2024 (MT Newswires) -- Arcus Biosciences ( RCUS ) reported encouraging first clinical data Thursday from a phase 1/1b study evaluating casdatifan in metastatic clear cell renal cell carcinoma, which is a type of kidney cancer. The biopharmaceutical company said the trial results showed a rapid time to response with 81% of patients experiencing disease control with...

09:26 AM EDT, 10/24/2024 (MT Newswires) -- (Updates to add the response from Elliott in the last paragraph.) Southwest Airlines ( LUV ) said Thursday it has appointed six new independent directors to its board in connection with agreements reached with activist investor Elliott Investment Management. David Cush, Sarah Feinberg, Dave Grissen, Gregg Saretsky, Patricia Watson and Pierre Breber were...