Category: Fisher
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Thermo Fisher lifts profit forecast as biotech demand shows signs of improvement By Reuters
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(Reuters) – Thermo Fisher Scientific Inc (NYSE: ) on Wednesday raised its annual earnings forecast and reported better-than-expected second-quarter profit, citing improved demand for its instruments and services used in clinical trials. Contract drugmakers saw spending cutbacks from their biotech clients in 2023 amid rising interest rates. The public funding…
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Olink gains after receiving German approval for sale to Thermo Fisher
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JHVEPhoto/iStock Editorial via Getty Images olink(Nasdaq: OLK) rose 2.8% After obtaining German antitrust approval for its planned sale to Thermo Fisher (New York Stock Exchange: TMO). The German Federal Cartel Office approved the deal on Monday, according to A to publish On the website of the German Antimonopoly Authority. The…
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Fisher Investments sells minority stake to Advent International
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pakphum patjangkata / iStock via Getty Images Advent International has agreed to buy a minority stake in money manager Fisher Investments, the companies announced Sunday. Advent and the Abu Dhabi Investment Authority agreed to invest between $2.5 billion and $3 billion in a deal that values Fisher at about $13…