Emerson (EMR) stands to benefit from the solid momentum in the Intelligent Devices segment. However, cost inflation is concerning.
Shares of Becton Dickinson (BDX) advanced close to 3% Monday as the maker of syringes and other medical devices announced it was buying the Critical Care product unit of Edwards Lifesciences (EW) for $4.2 billion in cash.
SALT LAKE CITY, UT / ACCESSWIRE / June 3, 2024 / KindlyMD, Inc. (NASDAQ:KDLY)(NASDAQ:KDLYW) ("KindlyMD" or the "Company"), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme, today announced the closing of its previously announced initial public offering of 1,240,910 units (each, a "Unit," collectively, the "Units") at a price of $5.50 per Unit for a total of approximately $6.8 million of gross proceeds to the Company, prior to deducting underwriting discounts and offering expenses. Each Unit is comprised of one share of the Company's common stock with $0.001 par value per share ("Common Stock"), one tradeable warrant (each, a "Tradeable Warrant," collectively, the "Tradeable Warrants") to purchase one share of Common Stock at an exercise price of $6.33 per share, and one non-tradeable warrant (each, a "Non-tradeable Warrant," collectively, the "Non-tradeable Warrants") to purchase one-half of one share of Common Stock at an exercise price of $6.33 per share.
The buyer intends to fund deal with a combination of $1 billion in cash and $3.2 billion of new debt in a transaction that is one of its largest of many.
SALT LAKE CITY, UT / ACCESSWIRE / May 31, 2024 / KindlyMD, Inc. (NASDAQ:KDLY)(NASDAQ:KDLYW) ("KindlyMD" or the "Company"), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme, today announced the pricing of its initial public offering of 1,240,910 units (each, a "Unit," collectively, the "Units") at a price of $5.50 per Unit for a total of approximately $6.8 million of gross proceeds to the Company. Each Unit is comprised of one share of the Company's common stock with $0.001 par value per share ("Common Stock"), one tradeable warrant (each, a "Tradeable Warrant," collectively, the "Tradeable Warrants") to purchase one share of Common Stock at an exercise price of $6.33 per share, and one non-tradeable warrant (each, a "Non-tradeable Warrant," collectively, the "Non-tradeable Warrants") to purchase one-half of one share of Common Stock at an exercise price of $6.33 per share.
Fresh off its purchase of Mint Mobile, T-Mobile has gone shopping again.
Liquidators of the beleaguered China Evergrande Group are in talks with a potential buyer to sell a significant stake in the property giant's new energy vehicle unit.
Small cap oil & gas company Unit Corporation has downsized as of recent, returning capital to shareholders through asset sales. With the non-core assets being shed, the company has stated it intends to pay a $1.25/share/quarter dividend for the rest of the year. This equates to a 13.8% dividend yield. Projected forward yield, free cash flow, and Magic Formula score analyzed.
Toronto-Dominion Bank (TD) reported second-quarter fiscal 2024 results Thursday, surpassing analyst estimates as the bank kicks off a run of Canadian bank earnings over the rest of the month.
HP unveiled a new class of next-generation AI PCs at The unveiling of the HP OmniBook X AI PC and HP EliteBook Ultra AI PC marked a significant step forward in the evolution of personal computing. Equipped with a dedicated Neural Processing Unit (NPU) capable of 45 trillion operations per second, these devices offer lightning-fast responsiveness and unprecedented AI-powered features. HP highlighted the sleek design, long battery life and robust security features of its new AI PCs. The HP OmniBook X and HP EliteBook Ultra promise to redefine productivity and creativity, enabling users to unleash their full potential from anywhere. "We're at the beginning of a new decade of personal computing that will redefine what a personal computer is. AI enables a fundamentally more personalized and creative experience we believe will empower people in both their personal and professional lives." said , president of personal systems at HP Inc. HP noted that its next-gen PCs are designed and engineered around the Snapdragon X Elite processor. Coupled with Copilot+ PC and transformative features like Recall, these PCs are expected to supercharge creativity and productivity. Both devices also incorporate recycled materials and sustainable sourcing, reflecting HP’s dedication to environmental stewardship. HP Inc shares were up by 2.63% at $31.79 at the time of writing, according to Benzinga Pro.
REYKJAVÍK, ICELAND / ACCESSWIRE / May 16, 2024 / GreenBank Capital (CSE:GBC)(OTC PINK:GRNBF)(FRA:2TL) ("GreenBank" or the "Company") is pleased to update its shareholders on changes to the previously announced private placement announced 16th November 2023. Private Placing The company is planning to offer a non-brokered $1.250,000 private placement offering (the "Offering") of 25,000,000 units of the Company (each, a "Unit") at a price of $0.05 per Unit, each Unit being comprised of one common share and one common share purchase warrant (each, a "Warrant").