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Cardinal Health To Merge Outcomes Business To Transaction Data Systems
Cardinal Health, Inc. (CAH) announced Monday it has signed a definitive agreement to merge its Outcomes business to Transaction Data Systems (TDS), a portfolio company of BlackRock Long Term Private Capital and GTCR, in exchange for a minority stake in the combined entity.
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Před 715 dny
UK Service Sector Maintains Strong Growth Momentum
The UK service sector continued to expand at a solid pace in May amid robust rises in output and new business despite mounting inflationary pressures fueled by higher wage costs, survey data from S&P Global revealed Monday. The final Chartered Institute of Procurement & Supply services Purchasing Managers' Index dropped to 55.2 in May from 55.9 in April.
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Před 715 dny
Barnes Group To Acquire MB Aerospace
Aerospace company Barnes Group Inc. (B) announced Monday that it has entered into a definitive agreement to acquire MB Aerospace in deal valued at approximately $740 million. Upon closing of the transaction, MB Aerospace will become part of Barnes Aerospace.
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Před 715 dny
Surprise Rebound In German Exports Not Enough To Calm Recession Worries
Germany's merchandise exports grew unexpectedly in April led by strong demand from China amid the post-pandemic re-opening, but the rebound was not strong enough to ward off the worries surrounding the biggest euro area economy that slid into a technical recession in the first quarter in the backdrop of persistent high inflation.
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Před 715 dny
Canadian Shares Likely To See Mixed Start
Bay Street is likely to open on a mixed note on Monday, tracking the mixed trend in commodities markets.
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Před 715 dny
CIRCOR Int'l To Be Taken Private By KKR In $1.6 Bln All-cash Deal
CIRCOR International, Inc. (CIR) announced Monday that it has entered into a definitive agreement to be acquired by investment funds managed by global investment firm KKR in an all cash transaction valued at approximately $1.6 billion, including the assumption of debt.
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Před 715 dny
Canadian Dollar Higher As Oil Prices Rise On Saudi Output Reduction
The Canadian dollar advanced against its most major counterparts in the European session on Monday, as Saudi Arabia's decision to slash output by 1 million barrels per day lifted oil prices.
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Před 715 dny
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Sensex, Nifty End Modestly Higher
Indian shares ended modestly higher on Monday after a range-bound session.
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Před 715 dny
European Shares Struggle For Direction Amid Data Deluge
European stocks struggled for direction on Monday as investors digested a raft of mixed economic data.
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Před 716 dny
FTSE 100 Gains Led By Energy Stocks
U.K. stocks advanced on Monday as higher oil prices lifted energy stocks. Miners also surged after a private survey showed stronger-than-expected growth in China's services sector in May on improved demand.
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Před 716 dny
CAC 40 Subdued On Weak Services Data
French stocks were subdued on Monday after data showed the French services sector lost significant momentum in May after several consecutive months of accelerating growth. The final services PMI came in at 52.5 versus 52.8 preliminary.
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Před 716 dny
DAX Holds Steady On Mixed Data
German stocks were steady on Monday after U.S. President Joe Biden signed legislation that lifts the nation's debt ceiling.
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Před 716 dny
Asian Shares Follow Wall Street Higher As Recession Worries Ease
Asian stocks advanced on Monday as Friday's resilient U.S. jobs data and the Senate passing the debt ceiling bill helped ease fears of a recession. Encouraging service sector readings from China and Japan also boosted sentiment.
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Před 716 dny
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