CYH's acquisition expands Northwest Healthcare arm's network to more than 80 care sites.
HON's divestment of the PPE business will enable it to focus more on its core business and generate strong cash flow.
Infinite Acquisitions plans to acquire the entertainment arm of OII under Falcon's Beyond's operatorship to amplify its leadership in themed entertainment.
General Motors-owned robotaxi and self-driving car company, Cruise, agreed to pay a $500,000 fine and admitted to submitting a false report after an accident involving one of its vehicles in San Francisco last year—where a pedestrian was injured after being struck and dragged approximately 20 feet by a robotaxi.
LMT's unit, Sikorsky Aircraft, secures a $20.6 million contract to modify CH-53K helicopters for the Israel Air Force.
Norway's Equinor said on Thursday it has agreed to buy Sval Energi's 11.8% stake in the ongoing offshore development Halten East Unit in the Norwegian Sea, increasing the company's ownership to 69.5%.
FLG's subsidiary Flagstar Bank closes the sale of its residential mortgage servicing loans to Mr. Cooper for $1.3 billion.
TDOC expects 2024 U.S. Integrated Care Members to remain within 93.5-94.5 million.
Q3 Performance Under Pressure: Wendy's Biggie Bag faced stiff competition from promotions like McDonald's $5 Meal Deal, impacting traffic but aligning with Wendy's long-term focus on value. Breakfast Growth Amidst Industry Decline: Wendy's breakfast segment continued to expand, contrasting with industry-wide breakfast traffic declines, giving it a key edge over other restaurants. Strategic Closures and Net Unit Growth: Wendy's plans to close 140 U.S. locations with low AUVs but will still see net unit growth of 2% for FY 2024.
THC's Q3 results benefit from higher same-hospital admissions and Medicaid supplemental revenue gains. Cost-cutting measures help offset challenges from hospital divestitures.
CI's Q3 results are likely to be aided by strength in the specialty pharmacy business, partly offset by elevated medical costs resulting from higher utilization trends.
Materialise NV is a Belgian additive manufacturing company, showing a 14.18% CAGR in its Medical segment from FY18 to FY23. Despite mixed results in other segments, Materialise maintains profitability with positive FCF and a strong balance sheet, supported by €63 million in net cash. The company's strategic positioning in high-value sectors and steady growth, combined with a net cash position and positive FCF, highlight its upside potential.