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Stock Market & Financial Investment News

News Breaks
June 25, 2014
06:06 EDTOSUR, TMOOraSure and Thermo Fisher to launch substance abuse testing device
OraSure (OSUR) announced continued progress under its agreement with Thermo Fisher (TMO) to develop and supply homogenous fully-automated oral fluid drugs of abuse assays to be used with a new version of the company's Intercept oral fluid specimen collection device. The NIDA-5 panel of automated assays developed by Thermo Fisher and the new Intercept oral fluid specimen collection device are expected to launch in the domestic criminal justice and forensics markets in Q4. As a result of this progress, OraSure has issued its final purchase order for fully-automated assays previously developed under its now terminated collaboration with Roche Diagnostics. Under the Roche Diagnostics collaboration, which was terminated in November 2013, OraSure is entitled to receive $5.5M as a result of its submission of a final purchase order. Payment is expected to be received during Q3.
News For OSUR;TMO From The Last 14 Days
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July 23, 2014
13:39 EDTTMOThermo Fisher Q2 results bode well for PerkinElmer, Bruker, says Mizuho
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06:21 EDTTMOThermo Fisher reports Q2 Life Sciences Solutions revenue $1.1B
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06:20 EDTTMOThermo Fisher: Life Technologies integration 'going well'
The company adds that it is "on track to deliver a strong 2014."
06:02 EDTTMOThermo Fisher raises FY14 adjusted EPS to $6.85-$6.97 from $6.80-$6.95
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06:00 EDTTMOThermo Fisher reports Q2 adjusted EPS $1.72, consensus $1.62
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July 22, 2014
15:30 EDTTMONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include PepsiCo (PEP) , consensus $1.23; Boeing (BA), consensus $2.01; Dow Chemical (DOW), consensus 72c; EMC (EMC), consensus 43c; Simon Property Group (SPG), consensus $2.13; Thermo Fisher (TMO), consensus $1.62; General Dynamics (GD), consensus $1.77; Freeport-McMoRan (FCX), consensus 49c; Delta Air Lines (DAL), consensus $1.04; Northrop Grumman (NOC), consensus $2.22; Whirlpool (WHR), consensus $2.91; B/E Aerospace (BEAV), consensus $1.07; Ryder (R), consensus $1.40; Owens Corning (OC), consensus 46c.
July 17, 2014
10:00 EDTTMOOn The Fly: Analyst Initiation Summary
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09:02 EDTTMOThermo Fisher to sell Cole-Palmer to GTCR for $480M in cash
Thermo Fisher Scientific has signed a definitive agreement to sell its Cole-Parmer channel business to private equity firm GTCR, LLC for $480M in cash. Thermo Fisher anticipates closing the transaction in Q3, subject to customary closing conditions and applicable regulatory approvals. The company expects an immaterial impact to 2014 adjusted EPS and will update annual guidance in its Q2 earnings release on July 23.
06:21 EDTTMOThermo Fisher initiated with a Buy at Citigroup
Target $137.
July 16, 2014
11:28 EDTTMOLeon Cooperman gives 12 stock picks at CNBC conference
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