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R1 RCM drops after New Mountain says it failed to reach agreement with TCP-ASC

Maksim Labkouski/iStock via Getty Images R1 RCM (NASDAQ:RCM) fell 9.2% in after hours trading after New Mountain Capital said it’s no longer interested in pursuing a joint proposal with TCP-ASC. New Mountain and TCP-ASC have engaged in discussions and mutual due diligence with respect to a potential joint acquisition ofContinue Reading

NTSB finds failed wheel bearing caused Norfolk Southern Ohio derailment (NYSE:NSC)

In: Finance

An overheated wheel bearing on a hopper car was found to be the catalyst for a catastrophic Norfolk Southern (NYSE:NSC) trail derailment that caused a release of hazardous materials in East Palestine, Ohio last year. According to the findings from an investigation by the National Transportation Safety Board, overheated bearingsContinue Reading

R1 RCM drops after New Mountain says it failed to reach agreement with TCP-ASC

NTSB finds failed wheel bearing caused Norfolk Southern Ohio derailment (NYSE:NSC)

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