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News Breaks
November 16, 2012
05:06 EDTTMOThermo Fisher Scientific opens new manufacturing facility in China
Thermo Fisher Scientific announced the official opening of its new facility in Suzhou, China, for the manufacturing of life sciences consumables and equipment. The facility expands the company’s global manufacturing footprint and establishes local production capabilities to meet increased customer demand in China and other Asia-Pacific markets. Most recently, Thermo Fisher has invested nearly $20M in the 12,000-square-meter Suzhou plant, which will house more than 150 employees and has room for expansion. From this geographically central location, the new facility will primarily serve the life sciences and pharmaceutical industries, including research, diagnostics and bioproduction, as well as customers in the chemical, environmental and electronics industries.
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February 7, 2016
20:36 EDTTMOOn The Fly: Top five weekend stock stories
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Ford (F) plans to build a new assembly plant in Mexico and expand its existing factory near Mexico City, sharply increasing production capacity in the country as it looks to focus its U.S. efforts on trucks and SUVs, the Wall Street Journal reported. 2. GoPro (GPRO) and Microsoft (MSFT) signed a patent licensing agreement late Friday, lifting shares of the action camera maker in after-hours trading. 3. Media reports indicate Twitter (TWTR) could be rethinking its news feed, potentially ordering posts based on popularity rather than chronological date. 4. Apollo Education (APOL) received a second investigative subpoena from California's attorney general related to the marketing, recruiting, accreditation, and other aspects of its for-profit schools. 5. Celgene (CELG), Gilead (GILD), Thermo Fisher (TMO) and Vantiv (VNTV) were mentioned positively by Barron's this weekend, while Church & Dwight (CHD) was called overvalued and GoPro was identified as a possible takeover target by Under Armour (UA) or Sony (SNE).
13:02 EDTTMOThermo Fisher could rise 25% or more in next year, Barron's says
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