$ABAX (Abaxis, Inc.)

$ABAX {{ '2016-01-27T22:14:41+0000' | timeago}} • Announcement

$MCK, which competes with $ABAX and $HWAY, said its International Pharmaceutical Distribution and Services revenue dropped 11% to $6Bil during 3Q16 as it lost a Norway hospital contract during FY15.

$A {{ '2018-01-19T17:03:14+0000' | timeago}} • Announcement

$A elected Dow Wilson, CEO of Varian Medical Systems Inc., to its BoD, effective March 20, 2018. Wilson is also a board member of AdvaMed, a U.S. trade association representing 80% of the medical technology firms in the U.S., and Varex Imaging Corp., which was created through the successful spin-off of Varian Medical.

$AQUA {{ '2018-01-10T13:54:54+0000' | timeago}} • Announcement

$AQUA, which provides water treatment solutions, has appointed Peter Wilver to its board of directors. Wilver, a former senior executive at $TMO, most recently served as Thermo Fisher's EVP and Chief Administrative Officer. Earlier, he held financial management roles at various industrial companies including GE, Honeywell and Grimes Aerospace.

$A {{ '2018-01-09T19:50:20+0000' | timeago}} • Announcement

$A acquired Cork, Ireland-based Luxcel Biosciences, a developer of real-time fluorescence plate-reader based in vitro cell assay kits. This acquisition expands $A's cell analysis portfolio with the addition of easy-to-use assay kits that are compatible with industry standard plate-readers.  Financial terms of the deal were not disclosed.

$ABAX {{ '2018-01-09T17:20:52+0000' | timeago}} • Announcement

$ABAX reported preliminary financial results for 3Q18. Abaxis expects revenues in 3Q18 in a range of $59-60MM, an increase of 12-14% YoY. In addition, Abaxis expects operating income before income tax provision for this period of $9-10MM, compared to $10.8MM in last year's third quarter.

$ABAX {{ '2018-01-09T16:59:13+0000' | timeago}} • Announcement

$ABAX expects its effective income tax rate to decline by 200-300BP in FY18 vs. FY17, excluding a one-time non-cash charge related to the Tax Act. In 3Q18, $ABAX expects its effective income tax rate to be approx. 27%, excluding the one-time charge. $ABAX expects effective income tax rate in FY19 to be lower by 1,000-1,200BP vs. FY17.

$ABAX {{ '2018-01-09T16:58:58+0000' | timeago}} • Announcement

$ABAX expects revenues in 3Q18 to be $59-60MM, up 12-14%, over last year. $ABAX expects operating income before income tax provision of $9-10MM. The company expects GM to be 53.5-54%. During 3Q18, $ABAX expects to record a one-time non-cash charge of approx. $2.5-3.5MM as a result of the Tax Cuts and Jobs Act.

$TMO {{ '2018-01-09T12:43:22+0000' | timeago}} • Announcement

$TMO, a leading medical technology company, has signed an agreement with life sciences firm $ILMN, under which Thermo Fisher will provide Illumina with Ion AmpliSeq technology. The tie-up will help Illumina effectively sell Ion AmpliSeq technology to researchers engaged in scientific studies on its next-generation sequencing (NGS) platforms.

$OMI {{ '2018-01-05T13:04:48+0000' | timeago}} • Announcement

Healthcare solutions firm $OMI plans to organize into two units, named Global Solutions and Global Products. The move is in connection with the acquisition and integration of Halyard Health’s Surgical & Infection Prevention business. Global Solutions will contain most of Owens’ legacy business, while Global Products will contain its S&IP business.

$MCK {{ '2018-01-03T15:10:09+0000' | timeago}} • Announcement

$MCK announced that it has completed the acquisition of RxCrossroads.

$ABC {{ '2018-01-03T14:03:33+0000' | timeago}} • Announcement

$ABC completed the acquisition of H. D. Smith, the largest independent wholesaler in the U.S., for $815MM in cash. The acquisition is designed to enhance and expand the company's strategic scale, strengthen its support to community pharmacy and drive long-term, durable value.

$WSO {{ '2018-01-02T13:05:39+0000' | timeago}} • Announcement

$WSO declared a regular quarterly cash dividend of $1.25 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on Jan 31, 2018 to shareholders of record at the close of business on Jan 16, 2018.

$MCK {{ '2017-12-18T14:35:21+0000' | timeago}} • Announcement

$MCK CFO James Beer will be leaving the company. Britt Vitalone will be appointed EVP and CFO of the company, effective Jan. 1, 2018. In addition, $MCK reaffirmed its adjusted EPS outlook of $11.80-12.50 for FY18.

$MCK {{ '2017-12-18T14:33:36+0000' | timeago}} • Announcement

$MCK said James Beer, EVP and CFO, will be leaving the company to pursue a new opportunity. Britt Vitalone, SVP and CFO, U.S. Pharmaceutical and McKesson Specialty Health, will be appointed EVP and CFO of McKesson, effective Jan. 1, 2018. Beer will assist in a transition period into early 2018.

$ABT {{ '2017-12-15T16:46:17+0000' | timeago}} • Announcement

$ABT increased the company's quarterly common dividend to $0.28 per share from $0.265 per share.  The cash dividend is payable Feb. 15, 2018, to shareholders of record at the close of business on Jan. 12, 2018.

$WNC {{ '2017-12-15T14:42:16+0000' | timeago}} • Announcement

Industrial manufacturing firm $WNC has appointed Mike Pettit as SVP and Group President for its Final Mile Products division, effective January 1, 2018. Pettit joined Wabash in 2012 as Director of Finance for Commercial Trailer Products, and went on to become VP of Finance and Investor Relations in 2014. Earlier, he held finance positions at $F.

$ZTS {{ '2017-12-12T13:32:16+0000' | timeago}} • Announcement

$ZTS BoD declared 1Q18 dividend of $0.126 per share of the company’s common stock, an increase of 20% from the quarterly dividend rate paid in 2017. The dividend is to be paid on Thursday, March 1, 2018, to holders of record on Friday, January 19, 2018.

$XYL {{ '2017-12-11T13:46:00+0000' | timeago}} • Announcement

$XYL agreed to buy Pure Technologies Ltd. for an enterprise value of $397MM. Pure's BoD has unanimously approved the transaction and recommends that Pure shareholders vote in favor of the transaction. It is expected to close in 1Q18. Xylem expects to achieve at least $12MM in annual cost synergies within two years of closing.

$ABC {{ '2017-11-30T19:58:54+0000' | timeago}} • Announcement

$ABC priced $750MM aggregate principal amount of its 3.45% Senior Notes due December 15, 2027 and $500MM aggregate principal amount of its 4.30% Senior Notes due December 15, 2047, in an underwritten registered public offering.

$TMO {{ '2017-11-22T16:06:12+0000' | timeago}} • Announcement

$TMO has received an unsolicited offer from TRC Capital to purchase up to one million shares of the company’s common stock for $181.75 per share in cash. According to Thermo Fisher, the offer price is about 4.43% lower than the closing price of its stock on November 17, 2017. The offer accounts for about 0.249% of the company’s outstanding shares.

$A {{ '2017-11-21T15:04:12+0000' | timeago}} • Webcast

For FY18, $A expects pharma to moderate down slightly from a 6% growth rate delivered in FY17. Agilent expects China to maintain a high-single-digit growth rate. For Europe and the chemical and energy markets, while Agilent experienced unexpectedly strong FY17 growth, the company cautiously guided to lower growth in FY18.

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