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Resources Connection Posting Strong Gain On Upbeat Q1 Revenues

After an early move to the upside, shares of Resources Connection (RECN) remain firmly positive in afternoon trading on Thursday. Resources Connection is currently up by 6.3 percent after reaching a six-month intraday high.

The advance by Resources Connection comes after the consulting company reported fiscal first quarter revenues that exceeded analyst estimates.

by RTT Staff Writer

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Two major hospitals Ascension Health and Providence St. Joseph Health are in discussion for merger to create one of the largest hospital chain, reported Wall Street Journal. The combination is expected to have 191 hospitals with an annual revenue of around $45 billion. The new entity would dethrone America's largest hospital operator Hospital Corporation of America that owns 177 hospitals and reve Uber has mistakenly charged a customer in Toronto an astounding C$18,518.50 for a five-mile, 21-minute ride. In U.S. dollar terms, the amount would be more than $14,400. The five-mile ride should have only cost between C$12 and C$16. French baby formula maker Lactalis has issued a major international product recall over fears of salmonella contamination. French health authorities have ordered the dairy company to stop selling hundreds of products worldwide, after 26 infants fell ill with salmonella poisoning in France. Salmonella infections can be life-threatening mainly for young children.
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