Air Products Wins Long-Term Deal to Supply Jiutai New Material Co., Expected to Add More Than $0.20 to FY22 EPS

Air Products Wins Long-Term Deal to Supply Jiutai New Material Co., Expected to Add More Than $0.20 to FY22 EPS

Air Products and Chemicals (APD) said it won a long-term onsite contract to supply syngas to Jiutai New Material Co. Ltd for its multi-billion dollar mono-ethylene glycol project in Hohhot, China. Air Products will build, own and operate the air separation, gasification and gas clean up processing facility that will include its proven and recently acquired Shell gasification technology. The project is expected to come onstream in FYQ421 and add […]

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Lions Gate Entertainment’s Price Target Cut by Barrington to $27 From $34

Lions Gate Entertainment’s Price Target Cut by Barrington to $27 From $34

Lions Gate Entertainment (LGF.A) received a reduction to its price target late Friday from Barrington Research as the firm adjusted its valuation on the movie-and-television production company’s stock to reflect the increasing role of Starz in its business mix. Barrington’s new price target on Lions Gate’s Class A stock is $27 per share, down from its prior target of $34 but still above the stock’s Friday closing price of $22.96 […]

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Syneos Health Acquires Kinapse; Reaffirms FY18 EPS Guidance In Line With Street

Syneos Health Acquires Kinapse; Reaffirms FY18 EPS Guidance In Line With Street

Syneos Health (SYNH), a biopharmaceutical solutions organization, said Monday that it has acquired Kinapse, an advisory and operational solutions provider to the global life sciences industry, from Hg, a specialist investor based in the U.K. Kinapse delivers services across the clinical and commercial lifecycle. It works with small to mid and large biopharmaceutical companies and has more than 600 employees across the U.K., India and the U.S. Syneos Health said […]

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NMC Health First-Half Earnings Soar After Acquisitions and New Business Drive Revenue Growth

NMC Health First-Half Earnings Soar After Acquisitions and New Business Drive Revenue Growth

NMC Health (NMC.L), a private healthcare operator in Gulf Cooperation Council nations, reported early Monday that first-half adjusted earnings surged by almost a third as acquisitions complemented the strong growth in organic revenues and margins expanded. Reported sales surged by 20.2% to $932.0 million during the six months that ended June 30, from $775.2 million a year ago, the south-west London, UK-based company, whose service proposition spans across 17 countries, […]

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Confidence in UK Economy Hits Lowest Level in 2018, Institute of Directors Says

Confidence in UK Economy Hits Lowest Level in 2018, Institute of Directors Says

Business leaders’ confidence in the UK economy has hit its lowest point in 2018, according to a new survey of members of the Institute of Directors, which is charged with lobbying the government and setting standards for corporate governance in the UK. Confidence had risen substantially in December of last year, following the achievement of “sufficient progress” in phase one of talks to pull the UK out of the Europan […]

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