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Company News For Jun 12, 2018

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  • Envision Healthcare Corp.’s shares increased 2.3% after private-equity firm KKR & Co. has reached a deal to buy the company for about $5.5 billion in cash
  • Boston Scientific Corp. (BSX - Free Report) surged 7.4% following a report by the Wall Street Journal that rival Stryker Corp (SYK - Free Report) has offered a bid to buy the company
  • Sempra Energy’s (SRE - Free Report) shares jumped 15.5% following the news that activist investors Elliot Management and Bluescape Resources have suggested a “value creation” strategy for the company
  • Shares of Adient plc (ADNT - Free Report) plunged 15.6% after projecting yearly adjusted EBITDA of around $1.25 billion for fiscal 2018, lower than previous estimate of $1.40 billion to $1.45 billion