American Electric Power reports earnings miss, names interim CEO

(Reuters) - Utility firm American Electric Power (NASDAQ:AEP) on Monday reported fourth-quarter earnings that missed analysts\' expectations and named board member Benjamin Fowke as interim chief executive officer, effective immediately. Fowke, the former CEO of peer Xcel Energy (NASDAQ:XEL), will replace Julie Sloat, who had been American Electric\'s chief since January 2023. The change comes...

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Spirit AeroSystems appoints new board member

WICHITA, Kan. - Spirit AeroSystems (NYSE:SPR) Holdings, Inc. [NYSE: SPR], a prominent manufacturer of aerostructures, announced the appointment of Jane P. Chappell to its Board of Directors, effective immediately. Chappell, who brings over four decades of experience in the defense industry, will contribute to the Corporate Governance and Nominating Committee and the Risk Committee. Chappell\'s...

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FDA fast tracks epcoritamab for follicular lymphoma

COPENHAGEN - The U.S. Food and Drug Administration (FDA) has granted Priority Review for epcoritamab, a potential new treatment for patients with relapsed or refractory follicular lymphoma, announced Genmab A/S (NASDAQ: NASDAQ:GMAB) and AbbVie (NYSE: NYSE:ABBV). This designation could significantly expedite the therapy\'s approval process, with a target action date set for June 28, 2024....

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Australia\'s Coles denies price gouging, says food inflation is a global problem

By Byron Kaye and Echha Jain SYDNEY (Reuters) - Australia\'s No. 2 supermarket operator Coles Group (OTC:CLEGF) on Tuesday rejected accusations of price gouging as its first-half profit beat analyst forecasts, saying food inflation was a global problem and its margins were steady. Coles and larger rival Woolworths Group, which together account for two-thirds of...

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