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Thermo Fisher Scientific Inc (TMO)

TMO on New York Consolidated

144.66USD
18 Jan 2017
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Latest Key Developments (Source: Significant Developments)

Thermo Fisher Scientific Inc prices offering of senior notes
Monday, 4 Apr 2016 05:30pm EDT 

Thermo Fisher Scientific Inc:Says priced an offering of $1.0 billion aggregate principal amount of 3.000% senior notes due 2023 at an issue price of 99.512% of the principal amount.Says Issuance of the notes is expected to close on or about April 13, 2016.Plans to use the net proceeds of the offering and cash on hand to redeem all of the outstanding $1.0 billion aggregate principal amount of its 2.250% senior notes that mature on August 15, 2016.Joint book-running managers for the offering are Merrill Lynch, Pierce, Fenner & Smith Incorporated; Goldman, Sachs & Co. and Morgan Stanley & Co. LLC.  Full Article

Thermo Fisher Scientific Declares Quarterly Dividend
Thursday, 25 Feb 2016 08:30am EST 

Thermo Fisher Scientific Inc:declared a quarterly cash dividend of $0.15 per share.The dividend will be paid on April 15, 2016, to shareholders of record as of March 15, 2016.  Full Article

Thermo Fisher Scientific to acquire Affymetrix
Friday, 8 Jan 2016 05:46pm EST 

Thermo Fisher Scientific Inc:Transaction represents a purchase price of about $1.3 billion.Deal for $14.00 per share.Says deal expected to be immediately accretive to adjusted earnings per share.Expects to realize total synergies of approximately $70 million by year three following the close.Says Thermo Fisher intends to use cash on hand and short-term debt to finance the transaction.JP Morgan is acting as financial advisor to Thermo Fisher.Transaction expected to be immediately accretive to adjusted EPS, adding $0.10 of accretion in first full year of ownership.Boards of directors have unanimously approved Thermo fisher's acquisition of Affymetrix.  Full Article

Thermo Fisher Scientific Inc prices offering of senior notes
Monday, 30 Nov 2015 05:24pm EST 

Thermo Fisher Scientific Inc:Prices offering of senior notes.Says priced an offering of $450 million aggregate principal amount of 2.150% senior notes due 2018.Says notes will pay interest on a semi-annual basis.Priced $350 million amount of 3.650% senior notes due 2025 at an issue price of 99.858% of the principal amount.Priced offering of $450 million of senior notes at an issue price of 99.997% of the principal amount.  Full Article

Thermo Fisher Scientific Prices Offering of Euro-Denominated Senior Notes
Friday, 13 Nov 2015 04:05pm EST 

Thermo Fisher Scientific Inc:Says it has priced an offering of EUR425 million aggregate principal amount of 1.50% senior notes due 2020 at an issue price of 99.971% of.principal amount.issuance of the notes is expected to close on or about November 24, 2015, subject to customary closing conditions.notes will pay interest on an annual basis.plans to use portion of the net proceeds of offering to redeem all of outstanding $400 mln aggregate principal amount of 3.50% senior notes issued by Life Technologies Corporation, which mature on January 15, 2016, and remainder for general corporate purposes.joint book-running managers for the offering are Deutsche Bank AG, London Branch and HSBC Bank plc.  Full Article

Thermo Fisher Scientific Inc authorizes $1 billion of share repurchases and declares quarterly dividend
Thursday, 12 Nov 2015 04:30pm EST 

Thermo Fisher Scientific Inc:Authorized the repurchase of $1 billion of shares of its common stock in the open market or in negotiated transactions.New share repurchase authorization replaces the existing authorization, in which there was approximately $410 million remaining.Intends to resume share repurchases in 2016.Declared a quarterly cash dividend of $0.15 per share. The dividend will be paid on January 15, 2016, to shareholders of record as of December 15, 2015.  Full Article

Thermo Fisher Scientific Inc completes acquisition of Alfa Aesar
Wednesday, 30 Sep 2015 04:30pm EDT 

Thermo Fisher Scientific Inc:Completes its previously announced acquisition of Alfa Aesar for about $400 million in cash.  Full Article

Thermo Fisher Scientific Inc announces appointment of Chief Financial Officer
Wednesday, 22 Jul 2015 06:30am EDT 

Thermo Fisher Scientific Inc:Says on July 21, the board of directors of the company elected Peter M. Wilver, currently senior vice president and chief financial officer of the company, to the position of executive vice president and chief administrative officer of the company, effective Aug. 1.Says Stephen Williamson, currently Vice President, Financial Operations, will succeed Wilver as senior vice president and chief financial officer on Aug. 1.  Full Article

Thermo Fisher Scientific Inc raises FY 2015 guidance
Wednesday, 22 Jul 2015 06:00am EDT 

Thermo Fisher Scientific Inc:Says that it is raising its FY 2015 revenue and adjusted EPS guidance to reflect current foreign currency exchange rates and strong operating performance.Says that it now expects revenue for FY 2015 to be in the range of $16.72 to $16.86 billion, versus its previous guidance of $16.67 to $16.83 billion.Also raises adjusted EPS guidance to a new range of $7.28 to $7.41 from the $7.25 to $7.40 previously announced, for 5 pct. to 6 pct. growth over FY 2014.FY 2015 revenue of $16.75 billion and EPS of $7.35 - Thomson Reuters I/B/E/S.  Full Article

Thermo Fisher Scientific Inc prices offering of Euro-denominated senior notes
Thursday, 16 Jul 2015 04:30pm EDT 

Thermo Fisher Scientific Inc:Priced an offering of EUR500 million aggregate principal amount of 2.150% Senior Notes due 2022 at an issue price of 99.788% of the principal amount.Plans to use the net proceeds of the offering for general corporate purposes.  Full Article

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U.S. chief justice steps aside in patent case over stock conflict

WASHINGTON U.S. Chief Justice John Roberts will no longer participate in a patent dispute at the Supreme Court involving a unit of Thermo Fisher Scientific Inc after he realized he owns about $175,000 of stock in the company, the court said on Wednesday.