05:51 AM EDT, 08/26/2024 (MT Newswires) -- Intel ( INTC ) has retained Morgan Stanley ( MS ) to defend itself from activist investors, CNBC reported late Friday, citing unnamed people familiar with the matter. Financial terms of the arrangement were not published. CNBC said it remains unclear whether any investors are taking action against the company's management. Intel (...

06:19 AM EDT, 08/26/2024 (MT Newswires) -- Novartis ( NVS ) said it has received a binding offer from Siemens Healthineers to acquire the former's molecular imaging business, which specializes in Fluorine-18 Positron Emission Topography imaging. This would allow Novartis ( NVS ) to continue focusing its own efforts and capabilities as a pure-play innovative medicines company, a Novartis (...

(Reuters) - The U.S. Federal Trade Commission will argue Kroger's ( KR ) $25 billion merger with rival grocer Albertsons ( ACI ) is bad for shoppers and workers when the agency's lawsuit goes to trial in federal court in Portland, Oregon, on Monday. The FTC and several states sued to block the deal in February, saying it would eliminate...

05:28 AM EDT, 08/26/2024 (MT Newswires) -- Santech Holdings ( STEC ) said Monday its board has authorized a new 12-month share repurchase program for up to $5 million of its outstanding American depositary shares, each representing two ordinary shares. The company said it plans to fund repurchases from its existing cash balance. Santech ( STEC ) shares gained more...