Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Thermo"


25 mentions found


Here are three noteworthy news developments over the past two days, which contain useful insights about our stocks. For the full year 2023, Novo now expects sales growth in the range of 24% and 30%, compared to prior estimates of 13% to 19%. In addition, operating profit growth is expected to be in the range of 28% and 34%, up from a prior range of 13% to 19%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Final Trades: Biotech, Defense, Thermo Fisher & more
  + stars: | 2023-04-13 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Biotech, Defense, Thermo Fisher & moreThe "Halftime Report" traders give their top picks to watch for the second half.
Companies with strong balance sheets have a downside cushion and can find unique opportunities during a slowing economy, according to Morgan Stanley. Corporations with high amounts of cash on their balance sheets can take advantage of a slowing economy by buying back their stock or acquiring businesses at discounted prices, said Morgan Stanley strategist Todd Castagno. "We've identified companies with strong balance sheets and sufficient liquidity, that also generate excess returns over their cost of capital," Castagno said in a note to clients. Investors have been increasingly focused on the strength of corporate balance sheets amid rising concerns that the Federal Reserve's series of interest rate hikes could tip the U.S. economy into a slowdown or recession. Castagno screened the Russell 1000 , except for financials, real estate and utilities, to find companies with fortress-like balance sheets.
Final Trades: Abbvie, Thermo Fisher & more
  + stars: | 2023-04-05 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Abbvie, Thermo Fisher & moreThe "Halftime Report" traders give their top picks to watch for the second half.
Baird upgrades software stock ServiceNow (NOW) to buy from hold, with a price target of $548, up from $475. Raises price target to $140 from $135. Barclays turns on life science tools and diagnostics sector, drops price target for Club favorite Danaher (DHR) to $270 from $290 and expects a "relatively light" first-quarter guide. Norfolk Southern (NSC) upgraded to hold from sell at Morgan Stanley with unchanged price target of $171. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
The moment of the anomaly during the New Shepard cargo mission NS-23, in which the booster's engine failed. The company's New Shepard rocket, flying the NS-23 mission carrying science and research payloads, suffered a failure in September 2022. No people were onboard, and Blue Origin says its capsule's emergency escape system functioned properly, but the rocket's reusable booster was destroyed. "Blue Origin expects to return to flight soon, with a re-flight of the NS-23 payloads," the company said. The New Shepard rocket booster is reusable, returning to land on a concrete pad near the launch site.
March 20 (Reuters) - U.S. scientific instruments maker Thermo Fisher Scientific Inc (TMO.N) and South Korea's Celltrion Inc (068270.KS) are among those competing to acquire the biopharma solutions business of medical device maker Baxter International Inc (BAX.N), according to people familiar with the matter. Baxter, which has a market value of $19 billion, had total debt of $16.6 billion as of the end of December. Private equity firms, including KKR & Co (KKR.N) and Carlyle Group (CG.O), have also expressed interest in the Baxter business, the sources said. Baxter said in January it was exploring alternatives for its biopharma solutions business and would also spin off its kidney care units. Baxter's biopharma solutions unit supports drugmakers in the formulation, development and commercialization of drugs typically given by infusion or injection, such as biologics and vaccines.
Here are Thursday's biggest calls on Wall Street: JPMorgan reiterates Amazon as overweight JPMorgan said growth deceleration concerns are overdone. Stifel upgrades FedEx to buy from hold Stifel said FedEx shares are compelling at current levels. JPMorgan reiterates Credit Suisse as overweight JPMorgan said it's standing by shares of the banking giant. JPMorgan upgrades Motorola Solutions to overweight from neutral JPMorgan called the telecom equipment company "high quality." Bank of America upgrades Takeda Pharmaceuticals to buy from neutral Bank of America said called Takeda a "stable value stock."
Reuters reported in March 2020 that Syneos was working with investment bank Centerview Partners LLC to explore a sale. Syneos, which has a market capitalization of $3.9 billion and carries a $2.9 billion debt pile, was not immediately available for comment. Based in Morrisville, North Carolina, Syneos helps pharmaceutical companies with clinical trials and to market their drugs. There has been a wave of consolidation among contract research organizations in a bid to lower costs, amass more clinical trial data and win customers. Labcorp (LH.N), for example, said earlier this month that it will complete the spinoff of its contract research organization, called Fortrea, by the middle of this year.
Cramer's lightning round: Parker-Hannifin is a buy
  + stars: | 2023-02-07 | by ( Krystal Hur | ) www.cnbc.com   time to read: +1 min
I would buy it here." Waste Management Inc : "Everyone thought that quarter was not that great and was telling me to buy Republic Services . Loading chart...Illumina Inc : "If you're going to be in that business, there's only two. Loading chart...TG Therapeutics Inc : "This is [run by CEO] Mike Weiss. I think that you've got a winner, and I need to hear it from you."
A trio of Club stocks — Coterra Energy (CTRA), Danaher (DHR) and TJX Companies (TJX) — are in the news Monday. The multiweek slide in natural gas prices is at the heart of Raymond James' downgrade because Coterra's revenue is split roughly 50-50 between natural gas and oil. @NG.1 5Y mountain Natural Gas prices over 5 years The Club's take: The decline in natural gas prices is undoubtedly going to affect the amount of cash Coterra generates and then returns to shareholders via its fixed-plus-variable dividend strategy and buybacks. We're not heading for the exits on Coterra despite the decline in natural gas prices. A photo of a natural gas flare burning near an oil pump jack at the New Harmony Oil Field in the U.S. on June 19, 2022.
Illumina Makes Its Interim CFO Permanent
  + stars: | 2023-02-01 | by ( Kristin Broughton | ) www.wsj.com   time to read: +3 min
Gene-sequencing company Illumina Inc. on Wednesday named Joydeep Goswami as chief financial officer, giving its interim CFO the role on a permanent basis. Mr. Goswami joined Illumina in 2019 as chief strategy and corporate development officer, overseeing strategic partnerships and acquisitions. Illumina CFO Joydeep Goswami. He added that he received a crash course in traditional areas of finance, including treasury, tax and audit, while serving as interim CFO. As CFO, Mr. Goswami plans to keep Illumina’s spending on innovation roughly constant as a percentage of revenue.
Morning Bid: A quart and two halves
  + stars: | 2023-02-01 | by ( ) www.reuters.com   time to read: +5 min
A look at the day ahead in U.S. and global markets from Mike Dolan. February kicked off on Wednesday without too much trepidation about how all that will pan out. Before the Fed announcement, ADP releases its January private sector employment readout for last month and markets will also scan the December JOLTS job openings report. While markets await the 'Triple-A' of Big Tech releases on Thursday, Meta (META.O) is due to report later today and the dour news from elsewhere in the tech sector kept coming. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Final Trades: Darden Restaurants, Thermo Fisher & more
  + stars: | 2023-02-01 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: Darden Restaurants, Thermo Fisher & moreThe "Halftime Report" traders give their top picks to watch for the second half.
While only six companies in the Dow Jones Industrial Average are reporting next week, about 20% of the S & P 500 reports, making it the biggest week of earnings this season. The Dow and the S & P 500 gained 2.2% and 2.9% this week, respectively, while the Nasdaq Composite rose 4.7%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
The Fed's meeting Tuesday and Wednesday comes amid a flood of corporate earnings reports, with about 20% of the S & P 500 reporting that week. The most important day for earnings is Thursday, when Apple , Alphabet and Amazon report after the bell. The Nasdaq Composite was up 11% for the month as of Friday afternoon, well ahead of the 6.2% gain in the S & P 500. Traders have been watching the S & P 500 edge closer to the key threshold of 4,100 , its high from December. AAPL 1Y line apple Apple is also important because of the signals it can send about the strength of the consumer, supply chains and China's reopening.
Factbox: European states in Estonia pledge weapons for Ukraine
  + stars: | 2023-01-19 | by ( ) www.reuters.com   time to read: +5 min
REUTERS/Ints KalninsJan 19 (Reuters) - A group of 11 European states have pledged to deliver more arms to Ukraine in its war with Russia, saying they would send main battle tanks, heavy artillery, air defence, ammunition and infantry fighting vehicles. The 11 nations were Estonia, Britain, Poland, Latvia, Lithuania, Denmark, the Czech Republic, Germany, the Netherlands, Slovakia and Spain. Weapons donations and military support will continue in close cooperation with allies and in accordance with Ukrainian needs. Estonia will continue to provide both basic and specialist training to hundreds of Ukrainian Armed Forces members in 2023. Poland has already donated 42 infantry fighting vehicles along with training package for two mechanised battalions.
"The jury is still out," on which technology will dominate, said Dr. Sadik Esener, director of the Cancer Early Detection Advanced Research Center at the OHSU Knight Cancer Institute in Portland, Oregon. He added it could take as long as 20 years to show that an early cancer detection test saved lives. If proven to work, early cancer detection tests could help doctors identify cancer risk in patients long before symptoms or other indicators develop. DIFFERENT APPROACHESSeveral of the leading contenders take vastly different approaches to cancer detection and it is not yet clear which methods will prove most useful or when. Some are working on blood tests to detect different markers of early cancer, including proteins.
Deutsche Bank raises its price target on Club holding Nvidia (NVDA) to $170 per share from $150; keeps hold rating. Deutsche Bank initiates coverage of Club holding Danaher (DHR) with a buy rating and a $310-per-share price target. Goldman Sachs cuts its price target on Tesla (TSLA) to $235 per share from $305, but keeps a buy rating. Wells Fargo raises its price target on Goldman Sachs (GS) to $400 per share from $380; keeps an overweight (buy) rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
If You Love Fire Pits and Wood-Fired Pizzas, Get Ready
  + stars: | 2022-12-07 | by ( ) www.wsj.com   time to read: +4 min
By Leslie YazelWhen I first heard about the Solo Stove Pi Fire pizza oven, I scoffed. You use semolina or cornmeal on the oven’s pizza stone for easy sliding in and out, and in about 8 minutes, you have great tasting wood-fired pizza. It’s perfect for the crucial rotation of the pie and it’s sized exactly for the Pi oven. That tool, combined with the wide “mouth” of the oven, makes rotating the pie easier than with tabletop pizza ovens I’ve tried. If you’ve read this and you’re still thinking, eh, too much time commitment for me, then this wildly-popular, high-quality pizza oven may be a great fit for your needs.
KYIV, Dec 1 (Reuters) - Ukraine's military said on Thursday it had found fragments of Russian-fired nuclear-capable missiles with dud warheads in west Ukraine, and that their apparent purpose was to distract air defences. It is primarily intended to carry nuclear warheads and to be launched from bomber aircraft. Danyliuk said the missiles were fitted with non-explosive warheads, one of which was exhibited on the stage of the briefing centre in Kyiv where he was speaking. "This is evidenced by... the impact of a Kh-55 missile into a residential building," he said. Danyliuk also said that all the Kh-55 missiles that had been discovered had their serial numbers scratched out.
Sure, cRPO (current remaining performance obligation) was a little light and the fiscal fourth quarter revenue guide midpoint missed by a hair (some conservatism probably due to the uncertain macro environment). Companywide results Breaking down quarterly subscription and support revenue results by cloud: Sales cloud revenue increased 17% in constant currency to $1.7 billion. Service cloud revenue increased 16% in constant currency to $1.9 billion. Platform and other (including Slack, which Salesforce acquired on July 21, 2021) revenue increased 22% in constant currency to $1.5 billion. Guidance For their fiscal fourth quarter, Salesforce management sees revenues increasing 8% to 10% year over year to $7.93 billion to $8.03 billion.
Remote jobs fell to 14% of all active listings on LinkedIn in September, down from a peak of 20% in February, according to a new report from the platform. To help people find the best remote opportunities, FlexJobs, a membership service for jobseekers, identified the 15 companies with the most remote job openings, including full-time and part-time opportunities, this fall. In spite of fewer remote job openings, Jennifer Shapely, LinkedIn's vice president of global talent acquisition, expects flexibility to remain a top priority for workers. Frana also stresses the importance of networking, which can also help you stand out in a tight job market. As in the traditional job market, "referrals tend to get much more traction than a cold application" for remote jobs, Frana adds.
Oct 31 (Reuters) - Thermo Fisher Scientific Inc (TMO.N) said on Monday it would buy specialty diagnostics firm the Binding Site Group from a group led by European private equity firm Nordic Capital in an all-cash transaction valued at 2.25 billion pounds ($2.6 billion). The Birmingham-based company's test helps detect and monitor multiple myeloma, a cancer in a type of white blood cell, and is on track to deliver more than $220 million of revenue in 2022, Thermo Fisher said. Thermo Fisher, which makes scientific instruments, expects the transaction to be completed in the first half of 2023 and boost adjusted earnings per share by 7 cents on the first full-year of ownership. Reporting by Leroy Leo and Pratik Jain in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.
Morning Bid: Consumer drain as banks gain
  + stars: | 2022-10-26 | by ( ) www.reuters.com   time to read: +5 min
Google's results in particular bode ill for Facebook parent Meta Platforms (META.O), especially reliant on advertising and reporting its results late on Wednesday. Consumer blues contrasted with bumper earnings from banks who are raking in huge windfalls from rising interest rates - direct cash injections from reserves they hold at central banks along with higher net interest margins and trading revenues flattered by volatile markets. read more read more read more read moreEuropean banks reporting this week matched Wall St counterparts on that score, raising conundrums for the European Central Bank meeting this week and Bank of England and U.S. Federal Reserve gatherings next week. They all plan further policy rate rises to rein in inflation - but this also involves direct transfers to their banks and potentially a drain on government finances. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Total: 25