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Thermo Fisher Scientific Inc. - TMO STOCK NEWS

Welcome to our dedicated news page for Thermo Fisher Scientific (Ticker: TMO), a resource for investors and traders seeking the latest updates and insights on Thermo Fisher Scientific.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Thermo Fisher Scientific's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Thermo Fisher Scientific's position in the market.

Rhea-AI Summary
Thermo Fisher Scientific, Inc. (TMO) was awarded the SBER Outstanding Leader of 2023. Debra Pulpi at Teradyne, Inc. (TER) received the SBER Outstanding Executive of 2023. PTC, Inc. (PTC) was named the SBER Most Improved Corporate Leader of 2023. These awards were presented by Sustainability Roundtable, Inc. (SR Inc) at its Year-End Executive Symposium in Washington D.C. Thermo Fisher was recognized for its leadership in renewable energy and corporate sustainability, Teradyne for its data-driven approach to renewable energy strategy, and PTC for impressive strides in environmental sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
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none
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Rhea-AI Summary
Thermo Fisher Scientific Inc. (NYSE: TMO) has extended the expiration time of the offering period of its previously announced tender offer to acquire all outstanding common shares and American Depositary Shares of Olink Holding AB (publ) for $26.00 per Share and per ADS, in cash. The Offer is now scheduled to expire at 5:00 p.m., New York time, on January 3, 2024, unless extended or earlier terminated. Approximately 97.1% of the outstanding Shares have been validly tendered and not properly withdrawn pursuant to the Offer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
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none
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Rhea-AI Summary
Thermo Fisher Scientific Inc. (NYSE: TMO) has announced a 15-year virtual power purchasing agreement (VPPA) with international solar developer ib vogt for a 91-megawatt portion of the Serbal solar project. This will deliver approximately 192,000 megawatt hours of renewable electricity annually. Eurofins Scientific, a global leader in bioanalytical testing, is also involved in the deal for a 36-megawatt portion of the project. The project is expected to be operational in January 2025 and will power over half of Thermo Fisher's addressable European sites with 100% renewable electricity. Thermo Fisher has committed to achieving 80% renewable electricity globally by 2030 and reducing Scope 1 and 2 emissions by 50% by 2030 against a 2018 baseline.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
none
Rhea-AI Summary
Thermo Fisher Scientific Inc. (NYSE: TMO) has extended the expiration time of the offering period of its tender offer to acquire all outstanding common shares and American Depositary Shares of Olink Holding AB (publ) for $26.00 per Share and per ADS, in cash. Approximately 95.2% of the outstanding Shares have been tendered and not properly withdrawn. Completion of the Offer is subject to conditions described in the tender offer statement on Schedule TO filed with the U.S. Securities and Exchange Commission on October 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
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none
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Rhea-AI Summary
Thermo Fisher Scientific Inc. (NYSE: TMO) announced a $2.5 billion aggregate principal amount offering of senior notes due in 2026, 2029, and 2034. The offering is expected to close soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
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none
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Rhea-AI Summary
Thermo Fisher Scientific Inc. (NYSE: TMO) Announces $4 Billion Share Repurchase Authorization. The world leader in serving science, Thermo Fisher Scientific Inc., has authorized the repurchase of $4 billion of shares of its common stock in the open market or in negotiated transactions, with no expiration date. This replaces the company’s existing repurchase authorization, of which $1 billion was remaining.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
Tags
buyback
Rhea-AI Summary
Thermo Fisher Scientific Inc. (NYSE: TMO) announces a quarterly cash dividend of $0.35 per common share, payable on January 16, 2024, to shareholders of record as of December 15, 2023. This move reflects the company's commitment to rewarding its shareholders and its confidence in its financial position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
dividends
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Rhea-AI Summary
Thermo Fisher Scientific Inc. has commenced a tender offer to acquire all outstanding common shares and ADSs of Olink Holding AB for $26.00 per share and per ADS in cash. The offer will expire on November 30, 2023, and is subject to regulatory approvals and a minimum tender condition. Olink's board of directors has recommended that shareholders accept the offer. Summa Equity AB and other shareholders holding approximately 66% of Olink's shares have entered into support agreements to tender into the offer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
none
-
Rhea-AI Summary
Thermo Fisher Scientific Inc. has commenced a tender offer to acquire all outstanding common shares and ADSs of Olink Holding AB for $26.00 per share and per ADS in cash. The offer will expire on November 30, 2023, and is subject to regulatory approvals and a minimum tender condition. Olink's board of directors has recommended that shareholders accept the offer. Summa Equity AB and other shareholders holding approximately 66% of Olink's shares have entered into support agreements to tender into the offer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
Tags
none
Rhea-AI Summary
Thermo Fisher Scientific reports Q3 2023 financial results, with revenue of $10.57 billion, a 1% decrease from the same quarter last year. GAAP diluted EPS was $4.42, a 17% increase YoY. The company also announced an agreement to acquire Olink Holding AB for $3.1 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
earnings
Thermo Fisher Scientific Inc.

Nasdaq:TMO

TMO Rankings

TMO Stock Data

221.62B
380.35M
0.19%
92.37%
0.9%
Other Measuring and Controlling Device Manufacturing
Manufacturing
Link
US
Waltham

About TMO

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the United States and internationally.