Thermo Fisher Scientific Nears Deal To Buy PPD For More Than $15 Bln: Report
WASHINGTON (dpa-AFX) - Thermo Fisher Scientific Inc. (TMO) is nearing a deal to buy pharmaceutical-testing company PPD Inc. (PPD) for more than $15 billion, the Wall Street Journal reported citing people familiar with the matter.
The companies could finalize a deal as soon as this week, assuming the talks don t fall apart, the report said.
Wilmington, North Carolina-based PPD, with a market cap around $15.09 billion, is a contract-research company, running drug trials for pharma companies as well as providing lab services.
PPD closed Monday regular trading at $43.00 up $4.64 or 12.10%. In the after-hours trade, the stock further gained $1.10 or 2.56%.
U.S. Weekly Jobless Claims Tumble Much More Than Expected
WASHINGTON (dpa-AFX) - A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by much more than anticipated in the week ended April 10th.
The Labor Department said initial jobless claims tumbled to 576,000, a decrease of 193,000 from the previous week s revised level of 769,000.
Economists had expected jobless claims to decline to 700,000 from the 744,000 originally reported for the previous week.
With the much bigger than expected decrease, jobless claims fell to their lowest level since hitting 256,000 in the week ended March 14, 2020.
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Customized programs are tailored to individual practice characteristics, personal requirements, and professional objectives
SANTA MONICA, CA / ACCESSWIRE / April 15, 2021 / SignatureMD, one of the nation s largest firms providing conversion and ongoing support services to concierge physicians, has added another 11 physicians to its growing national network.
More physicians are opting to incorporate a concierge care model into their practices than ever before, citing frustration with the current healthcare system and a growing inability to practice medicine the way it was meant to be practiced. Concierge medicine is an appealing alternative that enables physicians to enhance the value of their practice, spend more time with their patients, and improve their work-life balance.
WASHINGTON (dpa-AFX) - Retail sales in the U.S. spiked by much more than expected in the month of March, according to a report released by the Commerce Department on Thursday.The Commerce Department
JPMorgan Chase Aims To Finance, Facilitate More Than $2.5 Trln Over 10 Years
NEW YORK CITY (dpa-AFX) - JPMorgan Chase & Co. (JPM) announced Thursday that it aims to finance and facilitate more than $2.5 trillion over 10 years - beginning this year through the end of 2030 - to advance long-term solutions that address climate change and contribute to sustainable development. It includes $1 trillion for green initiatives, such as renewable energy and clean technologies.
The firm will bring together its capital and expertise to help clients, customers and communities address these vital issues.
This long-term target complements the firm s Paris-aligned financing strategy and will help accelerate the transition to a low-carbon economy by encouraging actions that set a path for achieving net-zero emissions by 2050.