JHVEPhoto Royal Bank of Canada (NYSE:RY), or RBC for short, will split one of its operating units into two and reshuffle some of its top executives as it seeks to spark its next phase of growth, the bank said on Thursday. RBC will separate its Personal & Commercial Banking intoContinue Reading
Spencer Platt/Getty Images News Honeywell (NASDAQ:HON) said Wednesday it agreed to acquire Air Products’ (APD) liquefied natural gas process technology and equipment business for $1.81B in cash, allowing it to expand its offerings as the share of liquefied natural gas in the global gas supply continues to grow. Honeywell (HON)Continue Reading
designer491/iStock via Getty Images The U.S. FDA has granted marketing authorization to the Xpert HCV test and GeneXpert Xpress System, the first-ever point-of-care test for hepatitis C, from Danaher (NYSE:DHR) subsidiary Cepheid. The test can be performed in places such as doctors’ offices, emergency departments, and urgent care clinics. TheContinue Reading
Angel Di Bilio/iStock Editorial via Getty Images Southwest Airlines Co. (NYSE:LUV) fell sharply in premarket trading after the airline carrier provided a business update. The company said its operational performance in Q2 continues to be strong, with minimal cancellations so far. Completion factor quarter-to-date has averaged approximately 99.5%, despite challengingContinue Reading
Sundry Photography Dupont (NYSE:DD) edged higher by almost 2% after a report that its water treatment is seeing takeover interest. The unit, which Dupont (DD) planned to spin out, is seeing interest from Xylem (XYL) and Veralto Corp. (VLTO), who are in the early stages of looking at the DupontContinue Reading
MOZCO Mateusz Szymanski/iStock Editorial via Getty Images CBRE Group (NYSE:CBRE) said on Monday that the commercial real estate services and investment company plans to combine its project management business with the unit Turner & Townsend. Turner & Townsend provides program management, cost consultancy and project management services. CBRE is setContinue Reading
