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Stock Market & Financial Investment News

News Breaks
November 26, 2013
07:24 EDTLIFE, TMOThermo Fisher receives clearance from European Commission for Life Tech purchase
Thermo Fisher Scientific (TMO) announced that it has received approval from the European Commission for its pending acquisition of Life Technologies (LIFE). To expedite the approval, Thermo Fisher has committed to divest of its cell culture, gene modulation and magnetic beads businesses. Combined, these businesses had 2012 revenue of approximately $225M. The acquisition remains subject to additional regulatory approvals, including the U.S. Federal Trade Commission. Based on its discussions with the FTC, Thermo Fisher does not believe any additional divestures will be required in order to receive U.S. approval. The company is working with the regulatory agencies to complete the transaction as soon as possible, and still expects to close in early 2014.
News For TMO;LIFE From The Last 14 Days
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April 23, 2014
06:09 EDTTMOThermo Fisher reports Q1 Life Sciences Solutions segment revenue $836M
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06:08 EDTTMOThermo Fisher raises FY14 adjusted EPS to $6.80-$6.95 from $6.70-$6.90
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06:07 EDTTMOThermo Fisher is 'confident' it will deliver outlined synergy targets
06:02 EDTTMOThermo Fisher reports Q1 adjusted EPS $1.53, consensus $1.40
Reports Q1 revenue $3.90B, consensus $3.79B
April 22, 2014
15:32 EDTTMONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Procter & Gamble (PG), consensus $1.02; Boeing (BA), consensus $1.56; Biogen Idec (BIIB), consensus $2.56; Dow Chemical (DOW), consensus 71c; EMC Corporation (EMC), consensus 35c; Thermo Fisher (TMO), consensus $1.40; Praxair (PX), consensus $1.51; General Dynamics (GD), consensus $1.64; Johnson Controls (JCI), consensus 65c; Norfolk Southern (NSC), consensus $1.15; Reynolds American (RAI), consensus 74c; Delta Air Lines (DAL), consensus 29c; Northrop Grumman (NOC), consensus $2.15; Air Products & Chemicals (APD), consensus $1.35; TD Ameritrade (AMTD), consensus 34c; Ingersoll-Rand (IR), consensus 26c; Dr Pepper Snapple (DPS), consensus 59c; Polaris Industries (PII), consensus $1.16; Ryder System (R), consensus 87c.

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