Stratasys Ltd. (SSYS), a 3D printing solutions provider, announced Tuesday that its Board of Directors unanimously rejected the partial tender offer by Nano Dimension Ltd. (NNDM), noting that the $18 per share cash offer substantially undervalues the firm and is not in the best interests of its shareholders. As announced on May 25, Stratasys has entered into a definitive agreement […]
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Medtronic plc (MDT), a healthcare technology company, announced on Thursday that it has entered into a definitive agreement to acquire EOFlow Co. Ltd. manufacturer of the EOPatch device; a wearbale insulin patch that is tubeless and fully disposable. “To the extent that all the public shares participate in the tender offer, the total consideration for the acquisition of the shares […]
Read morevideo Alaska leaders demand Biden administration ‘not kill’ oil drilling project CEO of Alaska Oil & Gas Association Kara Moriarty joined ‘Fox & Friends First’ of discuss the implications of the canceling the project and why it would hurt the locals most. A top oil executive reiterated the need for the Biden White House to permit an Alaska oil drilling […]
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B2Gold Corp. (BTG,BTO.TO) and Sabina Gold & Silver Corp. (SBB.TO) announced Monday that they have entered into a definitive agreement pursuant to which B2Gold has agreed to acquire all of the issued and outstanding shares of Sabina. The transaction will result in B2Gold acquiring Sabina’s 100% owned Back River Gold District located in Nunavut, Canada. The Back River Gold District […]
Read morevideo Corn farmers grow angry over Mexico’s push to ban the genetically modified crop FOX Business correspondent Madison Alworth has more on the story from Ashland, Pennsylvania, on ‘Mornings with Maria.’ Mexico’s president said Wednesday that he expects the U.S. government or U.S. banks to provide interest-free loans to build four wind-power farms in the narrow waist of southern Mexico, […]
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CVS Health Corp. (CVS) issued its full-year 2023 GAAP EPS guidance range of $7.73 to $7.93 and reaffirmed its full-year adjusted EPS guidance range of $8.70 to $8.90. The company also issued its full-year 2023 cash flow from operations guidance range of $12.5 billion to $13.5 billion. The company’s long-term EPS growth targets include: approximately $9.00 for 2024; and approximately […]
Read morevideo Oil expert warns nat gas prices will soar this winter Lipow Oil Associates President Andy Lipow argues releasing the Strategic Petroleum Reserve is the only ‘concrete action’ that the Biden administration has taken to lower prices at the pump. A unit of Tokyo Gas Co. is in advanced talks to buy U.S. natural gas producer Rockcliff Energy for about […]
Read morevideo China reopening could present ‘great opportunity’ in oil stocks: Scott Bauer Summit Global Investments CIO David Harden and Prosper Trading Academy CEO Scott Bauer provide their outlook for oil stocks as China shows signs of lifting COVID restrictions on ‘The Claman Countdown.’ As China's economy begins to reopen amidst fewer COVID-19 restrictions, oil increased by over $1 a barrel […]
Read morevideo Price cap on Russian oil could backfire: Phil Flynn FOX Business contributor and Price Futures Group market analyst Phil Flynn discusses the global impact of a price cap on Russian oil. The market for old oil tankers is booming, and it's all down to efforts by Western nations to curb trade in Russian crude. As Western shipping and maritime […]
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