Baxter International Inc. (BAX) traded to the upside throughout Friday's session and ended the day higher by 2.69 at $68.81. The stock rose above a 2 1/2 week trading range and set a new high for the year.
The Wall Street Journal reported late Friday morning that Baxter is involved in talks to acquire Gambro for about $4 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.