HOUSTON (Reuters) - Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden administration's proposed rule that would require the offshore oil and gas industry to provide nearly $7 billion in funds to cover costs of dismantling old infrastructure. The rule, which would go into effect later this year, applies to companies that do not have...

11:46 AM EDT, 06/17/2024 (MT Newswires) -- Ackroo ( AKRFF ) on Monday said it is seeking exchange approval to repurchase and cancel up to 5.770 million shares over the next year in a renewed normal-course issuer bid. The payments-systems company said the allowed amount represents 5% of its outstanding shares. The company expects to renewed NCIB to take effect...

Allego ( ALLG ) stock is moving higher Monday after its majority shareholder, Meridiam, announced a transaction framework agreement. The Details: Under the transaction framework agreement, Meridiam will launch a tender offer for all outstanding ordinary shares of Allego ( ALLG ) that are not owned by Meridiam or its affiliates. The tender offer price is $1.70 per share, representing...

11:42 AM EDT, 06/17/2024 (MT Newswires) -- Mirum Pharmaceuticals ( MIRM ) rose more than 16% in Monday trading after reporting positive interim results for its volixibat drug candidate during phase 2b testing in patients experiencing inflammation of their bile duct systems. According to the company, patients with either primary biliary or sclerosing cholangitis who were treated with the oral...