Company News for May 16, 2017

MCO UAL WDC TMO TOSYY PTHN

•    Shares of Patheon NV (PTHN - Free Report) advanced 33.1% after Thermo Fisher Scientific Inc. (TMO - Free Report) announced it would purchase Patheon NV in a deal worth about $5.2 billion

•    Moody's Corporation’s (MCO - Free Report) gained 1.2% after the company decided to purchase Dutch information provider Bureau Van Dijk for about $3.3 billion

•    Shares of United Continental Holdings, Inc. (UAL - Free Report) increased 1.8% after the company decided to replace its cockpit keypad codes after earlier codes were leaked

•    Western Digital Corporation’s (WDC - Free Report) shares declined 0.7% after the company took legal action to prevent Toshiba (TOSYY - Free Report) from selling its chips arm without Western Digital’s consent

 

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