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Tuesday, May 16, 2017

Company News for May 16, 2017

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•    Shares of Patheon NV PTHN advanced 33.1% after Thermo Fisher Scientific Inc. TMO announced it would purchase Patheon NV in a deal worth about $5.2 billion

•    Moody’s Corporation’s MCO gained 1.2% after the company decided to purchase Dutch information provider Bureau Van Dijk for about $3.3 billion

•    Shares of United Continental Holdings, Inc. UAL increased 1.8% after the company decided to replace its cockpit keypad codes after earlier codes were leaked

•    Western Digital Corporation’s WDC shares declined 0.7% after the company took legal action to prevent Toshiba TOSYY from selling its chips arm without Western Digital’s consent
 

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Zacks Investment Research

May 16, 2017 at 07:58PM

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from Zacks Equity Research

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