Healthcare/Life Sciences
Amazon Among Bidders for Signify Health
Amazon.com Inc. is among the bidders for healthcare company Signify Health Inc., joining other heavy hitters vying in an auction for the home-health-services provider, according to people familiar with the matter. Signify is for sale in an auction that could value it at more than $8 billion, the people said. Bids are due around Labor …
Cardinal Health’s Supply-Chain Woes Means Higher Healthcare-Provider Costs
Text size The supply-chain crisis hasn’t eased up for Cardinal Health. Dreamstime More than two years into the pandemic, the supply-chain crisis hasn’t eased up for Cardinal Health , a distributor of drugs, and maker of medical supplies. Shares were down 5.1% on Thursday after the company reported fiscal-third-quarter earnings that missed Wall Street expectations, …
Private-Equity Group Reaches Deal to Buy Medline for Over $30 Billion
A group of private-equity firms reached a deal to acquire Medline Industries Inc. that would value the medical-supply company at more than $30 billion, in one of the largest leveraged buyouts since the financial crisis. The Wall Street Journal reported earlier Saturday that the group was close to a deal after beating out a rival …
Align Technology Inc. stock underperforms Wednesday when compared to competitors
Shares of Align Technology Inc. ALGN, -3.11% shed 3.11% to $548.64 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -2.14% falling 2.14% to 4,063.04 and Dow Jones Industrial Average DJIA, -1.99% falling 1.99% to 33,587.66. Align Technology Inc. closed $98.56 short of …
Dean: How to Fix America’s Supply Chains Before They Break Again
Text size Keep ’em coming. Christophe Ena/Pool/AFP via Getty Images Global supply chains are a lot like the plumbing or HVAC systems in our homes. We normally ignore them—until they clog or break. Then we have an urgent problem on our hands. We just experienced a gasoline supply crisis due to a cyberattack on a …