The Ticker

Written By Unknown on Senin, 15 April 2013 | 18.38

$13B buy eyed for Thermo

Thermo Fisher Scientific is close to buying Life Technologies Corp, a genetic testing equipment maker, for nearly $13 billion, reported Reuters last night.

Reuters reported that the sale price per share would be close to $75, putting Life Technologies' value at just about $13 billion. The sale could wrap up as early as today, according to the report. The sale, if successful, would mark Waltham-based Thermo Fisher's largest acquisition since the $12.8 billion merger in 2006 of Thermo Electron and Fisher Scientific International.

TODAY

 Citigroup Inc. reports quarterly financial earnings.

 The National Association of Home Builders releases the housing market index for April.

TOMORROW

 BlackRock Inc., Intel Corp. and Yahoo! release quarterly financial results.

 The Labor Department releases the Consumer Price Index for March.

 The Federal Reserve releases industrial production for March.

 Harvard Pilgrim Health Care has hired Pranav Mehta, left, to serve as senior vice president for product development. Mehta most recently served as vice president of marketing and president of Wellmark Health Plan of Iowa, a subsidiary of Wellmark Blue Cross Blue Shield.

 Rocket Software of Waltham has hired Paul Walsh as vice president and chief financial officer and Richard Morgan as vice president of human resources. Morgan most recently worked as vice president of human resources for Dassault Systemes Americas Corp., while Walsh most recently served as CFO at Silicon Laboratories.

 HopeHealth, a nonprofit health care organization based in Hyannis, has appointed Lawrence Capodilupo as chair of its board of directors. Patricia Cahill, who served as board chair from 2010 to 2012, remains on the board as immediate past chair.

 Clean Harbors Inc. has hired Jim Buckley as senior vice president of investor relations and corporate communications. Buckley previously served as executive vice president and partner at communications strategic advisory firm Sharon Merrill Associates.

 Winthrop Realty Trust of Boston has announced the resignation of Peter Braverman as executive vice president. He has taken the position of president of Winthrop Management, the entity that provides property management services for the company's properties as well as for specified third parties.

 Akamai Technologies Inc. of Cambridge has hired James "Jim" Gemmell as chief human resources officer. Gemmell has held several senior executive HR positions at Cisco Systems for the past 13 years, most recently holding the role of chief human resources officer.


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