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On May 8, 2006, Thermo Electron and Fisher Scientific announced that they would merge in a tax-free, stock-for-stock exchange; the merged company was named Thermo Fisher Scientific, and had about 30,000 employees, and reported US$9 billion in combined revenue. [14]
Investors are optimistic about Thermo Fisher's (TMO) better-than-expected results and robust international performance.
In the latest trading session, Thermo Fisher Scientific (TMO) closed at $588.16, marking a -0.88% move from the previous day.
Stock selection and security allocation led […] A copy of the same can be downloaded here. In the third quarter, the fund posted a return of -5.18% gross of fees compared to -3.60% return for ...
The stock of Thermo Fisher Scientific (NYSE:TMO, 30-year Financials) is believed to be modestly overvalued, according to GuruFocus Value calculation.
In the latest trading session, Thermo Fisher Scientific (TMO) closed at $553.76, marking a -0.41% move from the previous day.
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Thermo Electron Corporation (NYSE: TMO) (incorporated 1956) was a major provider of analytical instruments and services for a variety of domains. It was co-founded in 1956 by George N. Hatsopoulos , an MIT PhD in mechanical engineering , and Peter M. Nomikos, a Harvard Business School graduate, who provided initial funding.