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Thermo Fisher Scientific Inc. (TMO) is nearing a deal to buy pharmaceutical-testing company PPD Inc. (PPD) for more than $15 billion, the Wall Street Journal reported citing people familiar with the matter. The companies could finalize a deal as soon as this week, assuming the talks don't fall apart,...

Ahold Delhaize (ADRND.PK, AHODF.PK) said that its shareholders adopted its 2020 financial statements and agreed to the proposed 2020 annual dividend of 0.90 euros per common share for the full year. A final dividend of 0.40 euros per share will be paid on April 29, 2021. It is in addition to the interim...

Infosys Ltd (INFY) said that its board has recommended capital return of 15,600 crore Indian rupees or about $2.08 billion including final dividend of 6,400 crore rupees or about $0.85 billion and open market buyback of shares of 9,200 crore rupees or about $1.23 billion. Looking ahead for fiscal...

Kohl's Corp. (KSS) said Wednesday that it has reached a settlement agreement with an Investor Group, which collectively own 9.3% of the company' outstanding common stock, including options. The Investor Group consists of Macellum Advisors GP, LLC, Ancora Holdings, Inc., Legion Partners Asset Management,...

Medtronic plc (MDT) said it has introduced in select European countries the Medtronic Extended infusion set that can be worn for up to 7 days. An infusion set is tubing that delivers insulin from the pump to the body and typically requires a set change every few days. In the United States, the Medtronic...

Omnicom Health Group, part of Omnicom Group Inc. (OMC), has acquired Archbow Consulting. Archbow helps pharmaceutical and biotech companies design, build, and optimize market access operations, product distribution, and patient access hubs. Ed Wise, CEO, Omnicom Health Group, said: "Archbow's market...

Wells Fargo & Co. (WFC) on Tuesday reported net income applicable to common stock of $4.74 billion or $1.05 per share for the first quarter, sharply higher than $653 million or $0.01 per share in the year-ago quarter. Revenue for the quarter increased 2 percent to $18.06 billion from $17.72 billion...

Lovesac Co. (LOVE), a direct-to-consumer specialty furniture brand, on Wednesday reported net income for the fourth quarter that soared three-fold to $21.7 million or $1.37 per share from $5.4 million or $0.37 per share in the previous-year quarter. Net sales for the quarter grew 40.7 percent to $129.7...

Citi Trends Inc. (CTRN) reported that its comparable store sales for the first quarter through April 3, 2021 increased 74.5% compared to the same period in 2020. Total sales for the first quarter increased 77.2% compared to the same period in the prior year. The company expects earnings per share...

Amedisys, Inc. (AMED) said it will acquire the right to operate certified home health care services in Randolph County, N.C., and surrounding areas within a 50-mile radius, including Montgomery County. The acquisition of regulatory assets will allow the company to conduct home health care operations...

Moderna, Inc. (MRNA) plans to invest resources for accelerating the development of its mRNA vaccine pipeline by leveraging the power of Moderna's mRNA platform, the company said in a release. The company is expected to present the advantages of its mRNA vaccines while hosting second annual Vaccines...

Global investment firm KKR (KKR) has agreed to acquire Ensono from Charlesbank Capital Partners and M/C Partners. Ensono, a hybrid IT services provider, provides a suite of services that help enterprises manage, optimize and modernize their IT systems across mainframe, cloud and hybrid infrastructure....

Bed Bath & Beyond Inc. (BBBY) reaffirmed its previously issued fiscal 2021 net sales and adjusted EBITDA outlook of between $8.0 - $8.2 billion and between $500 - $525 million, respectively. The company also announced an increase in its 3-year share repurchase program to $1 billion from $825 million. Directionally,...

Infrastructure consulting firm AECOM (ACM) has been awarded an indefinite delivery, indefinite quantity program management services contract with the U.S. Postal Service. The multiple-award contract, with a combined $600 million program ceiling, includes three base years and up to four additional option...

WEX Inc. (WEX), a financial technology service provider, announced Wednesday that it has signed a deal to buy benefitexpress, a provider of highly configurable, cloud-based benefits administration technologies and services, for total consideration of around $275 million. The deal price is subject...

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