11:51 AM EDT, 05/28/2024 (MT Newswires) -- The Nasdaq Composite was up, the Dow Jones Industrial Average was down, and the S&P 500 was roughly flat in late-morning trading Tuesday as investors returned after an extended holiday weekend. The US Securities and Exchange Commission has adopted a standard settlement cycle of one business day after the trade day, or T+1,...

T-Mobile US, Inc. ( TMUS ) shares are moving higher Tuesday. The company agreed to acquire nearly all of UScellular ‘s wireless operations. What Happened: T-Mobile announced Tuesday that it will acquire nearly all of UScellular’s wireless operations, including UScellular’s wireless customers and stores, for approximately $4.4 billion. The deal will expand T-Mobile’s network to millions of new customers including...

11:56 AM EDT, 05/28/2024 (MT Newswires) -- Spire Global ( SPIR ) said Tuesday it will join the broad-market Russell 3000 index, effective July 1. Membership in index remains in place for one year and means automatic inclusion in the large-cap Russell 1000 index or small-cap Russell 2000 index, the company said. Price: 9.08, Change: +0.07, Percent Change: +0.83 ...

Novo Nordisk A/S ( NVO ) has disclosed that it retains approximately 60% of the list price of its diabetes and obesity medications, Ozempic and Wegovy, in the U.S. after accounting for rebates and fees paid to intermediaries. This revelation comes amid intensifying scrutiny over the cost of these blockbuster drugs. In a recent letter to Senator Bernie Sanders, the European drug maker expressed willingness to...