Press Digest: Wall Street Journal - Feb 6

Morphosys AG

06/02/2024 06:40

Feb 6 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
    
    - Kroger  KR.N  said longtime executive and chief financial
officer Gary Millerchip has stepped down to join another
publicly traded company.
    
    - Novartis  NOVN.S  entered into an agreement to acquire
biopharmaceutical company MorphoSys  MORG.DE  for 2.7 billion
euros ($2.90 billion).
    
    - RTX  RTX.N  is under investigation by U.S. regulators
related to its recall of hundreds of Pratt & Whitney engines.
    
    - Natura &Co  NTCO3.SA  will consider separating its Natura
business from the Avon brand, creating two separate publicly
traded beauty companies.
        
  
        - Toyota Motor  7203.T  reported higher third-quarter
net profit and raised its fiscal-year earnings forecast, sending
its shares to a record intraday high, as sales grew thanks
partly to strong demand and an easing semiconductor shortage.
        
  

($1 = 0.9304 euros)

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))