Medtronic Inc. (MDT) on Wednesday said it has acquired NGC Medical S.p.A., a privately-held Italian company, for $350 million, as the medical equipment maker aims to enhance its hospital managed services.
Medtronic, which had earlier held a 30 percent stake in NGC, expects the impact from the deal...
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Scorpio Tankers Inc. (STNG) has been trading in a narrow range since the open of trade Wednesday, but has broken out sharply higher in the last few minutes on increased volume. The stock is now up 0.41 at $9.83.
Scorpio Tankers has risen to a 1-week high and has re-crossed its 50-day moving average.