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In 1982, the company converted to a joint stock company. [5] In 1983, the company began producing polysulfone fiber membranes. [5] In 1986, the company became a public company, listing shares on the Frankfurt Stock Exchange. [5] In 1996, the company merged its dialysis business into National Medical Care to form Fresenius Medical Care. [5]
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 14, 2022. REUTERS/Brendan McDermid (Brendan McDermid / reuters)
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If Treasury yields continue to rise, either stock prices need to fall or companies need to produce bigger profit growth to make up for it. All told Tuesday, the S&P 500 rose 6.69 points to 5,842.91.
In 1996, Fresenius SE & Co. KGaA merged its dialysis business into W.R. Grace's National Medical Care to form Fresenius Medical Care. [10]In 2000, the company pleaded guilty to billing Medicare for unnecessary medical tests and to paying kickbacks for lab business and paid a $486 million fine.
Stocks reached record levels on Thursday as investors digested more quarterly earnings results and new data on the labor market's recovery. The S&P 500 advanced to log a record closing high.
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