Month: March 2025

PASCAGOULA, Miss., March 22, 2025 (GLOBE NEWSWIRE) — HII’s (NYSE: HII) Ingalls Shipbuilding division celebrated its newest class of apprentice graduates during a ceremony at the shipyard today. The event recognized the hard work and dedication of the graduates who have completed the three-to four-year program combining classroom instruction with hands-on shipbuilding experience. Ingalls Shipbuilding President Brian Blanchette provided remarks at the ceremony and praised the graduates for their commitment and contribution to the company’s shipbuilding legacy. “Completing the Ingalls apprentice program is no small feat and it reflects years of dedication, hard work and persistence,” Blanchette said. “The training our apprentices received wasn’t just about mastering skills like welding and fitting — it was about building the foundation...

Company AnnouncementAbbVie Inc. files complaint against Genmab in the U.S. District Court for the Western District of Washington (Seattle) Genmab categorically refutes allegations and will vigorously defend the companyCOPENHAGEN, Denmark; March 22, 2025 – Genmab A/S (Nasdaq: GMAB) announced today thatAbbVie Inc. (AbbVie) has filed a complaint in the U.S. District Court for the Western District of Washington (Seattle) naming Genmab A/S; ProfoundBio US Co.; ProfoundBio (Suzhou) Co., Ltd.; and former AbbVie employees as defendants. AbbVie alleges that the defendants have misappropriated AbbVie’s alleged trade secrets relating to the use of disaccharides to improve the hydrophilicity of drug-linkers in antibody-drug conjugates (ADCs) in connection with rinatabart sesutecan (Rina-S™) and other ADC pipeline products of ProfoundBio....

VANCOUVER, British Columbia, March 21, 2025 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) has released its 24th annual Sustainability Report, highlighting the company’s 2024 performance in key areas, including support for communities, Indigenous Peoples, health and safety, diversity and climate.  “This report details our environmental and social performance as we focus on responsibly delivering the critical minerals the world needs for economic growth and energy security,” said Jonathan Price, President and CEO. Teck’s 2024 Sustainability Report is prepared in accordance with the Global Reporting Initiative (GRI) Standards for the period January 1–December 31, 2024. The report has also been prepared in accordance with the Sector Standard GRI 14: Mining and Metals Sector 2023 and is aligned...

SANTIAGO, Chile, March 21, 2025 (GLOBE NEWSWIRE) — BANCO ITAÚ CHILE (SSE: ITAUCL) Itaú Chile today informs about changes in the Executive committee of its banking subsidiary in Colombia. The Board of Directors of Itaú Colombia has appointed Jorge Villa, former Vice President of Corporate Banking, as the new CEO effective March 21, replacing Baruc Saez, who led the bank for five years. Villa’s appointment reflects a fundamental principle of Itaú’s corporate culture, meritocracy. Jorge Villa has over 27 years of experience in the financial sector. He joined Itaú Colombia in 2011. He holds a degree in Economics and Finance from Babson College and an MBA from the same university. Throughout his career at the bank, he has been known for his focus on results, approachability, and leadership skills. Baruc Saez served as President...

No Shareholder Action is Required at this Time BOSTON, March 21, 2025 (GLOBE NEWSWIRE) — Atea Pharmaceuticals, Inc. (Nasdaq: AVIR) (Atea or Company) a clinical-stage biopharmaceutical company engaged in the discovery and development of oral antiviral therapeutics for serious viral diseases, today confirmed receipt of a notice from Bradley L. Radoff that he intends to nominate three director candidates to stand for election to the Atea Board of Directors at the Company’s 2025 Annual Meeting of Stockholders.         The Atea Board of Directors and management team engage in regular communications with Atea’s shareholders and regularly evaluate the Company’s strategy to enhance shareholder value. The Nominating and Corporate Governance Committee of the Atea Board of Directors will evaluate the director candidates consistent with its...