S&P Places Danaher's (DHR) Ratings on CreditWatch Negative Amid Move to Acquire Cepheid
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Danaher's (DHR) Acquisition of Cepheid is Credit-Negative Development - Moody's
September 6, 2016 11:34 AM EDTMoody's Investors Service said that the planned $4 billion, debt-funded acquisition of Cepheid (NASDAQ: CPHD)(unrated) by Danaher Corporation (NYSE: DHR) is credit negative but its A2 rating is unaffected. For further information, please see... More
Wall St. ends up on views Fed will hold off on rates
September 6, 2016 7:38 AM EDTBy Caroline Valetkevitch
(Reuters) - U.S. stocks rose slightly on Tuesday, nudging the Nasdaq to a record high close, as economic data bolstered views the Federal Reserve may decide against raising interest rates in the near term.
The S&P financial index , which tends to rise with expectations for higher rates, slipped 0.2 percent, while the S&P utilities index , which tends to benefit from a lower rate environment, rose 1.1 percent.
A weaker-than-expected reading on the U.S. services sector in August added to views the Fed... More
Danaher (DHR) volatility low into acquiring Cepheid (CHPD) for $53 per share
September 6, 2016 6:54 AM EDTDanaher (NYSE: DHR) September and October call option implied volatility is at 14; compared to its 52-week range of 14 to 29 into acquiring all of the outstanding shares of Cepheid (CPHD) for $53 per share in cash, or a total enterprise value of approximately $4B including indebtedness and net of acquired cash.
... More
