News
Important Only
FTC sues to block private equity firm's deal to buy medical device coatings maker Surmodics
WASHINGTON, March 6 (Reuters) - The U.S. Federal Trade Commission sued on Thursday to block medical device coatings maker Surmodics' SRDX.O acquisition by private equity firm GTCR, with the regulatory agency alleging the deal was anticompetitive.The FTC said the deal would create a combined comp...Reuters
Thu, Mar 6
AMSTED Industries Incorporated Announces Settlement Of Tender Offer For 5.625% Senior Notes Due 2027 And Completion Of Private Offering Of 6.375% Senior Notes Due 2033
March 6 (Reuters) - Amsted Industries Inc [RIC:RIC:AMIND.UL]:AMSTED INDUSTRIES INCORPORATED ANNOUNCES SETTLEMENT OF TENDER OFFER FOR 5.625% SENIOR NOTES DUE 2027 AND COMPLETION OF PRIVATE OFFERING OF 6.375% SENIOR NOTES DUE 2033Further company coverage: AMIND.ULReuters
Thu, Mar 6
Nationwide E&S launches Courtney-led brokerage property unit
By Chris MunroMarch 6 - (The Insurer) - Nationwide E&S has launched a brokerage property unit that will focus on hard-to-place risks across various industries, with the new platform led by market veteran Tonya Courtney who joined the carrier from Arch Insurance late last year.The E&S brokera...Reuters
Thu, Mar 6
New Jersey American Water Signs Agreement to Purchase South Orange Village Water System
March 6 (Reuters) - American Water Works Company Inc AWK.N:NEW JERSEY AMERICAN WATER SIGNS AGREEMENT TO PURCHASE SOUTH ORANGE VILLAGE WATER SYSTEMNEW JERSEY AMERICAN WATER: TO ACQUIRE SOUTH ORANGE VILLAGE WATER SYSTEM FOR $19.7 MILLIONNEW JERSEY AMERICAN WATER: TO INVEST $50 MILLION IN FIRST 10 YEAR...Reuters
Thu, Mar 6
Deals of the day-Mergers and acquisitions
March 6 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:** The private equity owners of Granicus are preparing to explore a sale of the government-services software maker that could value it at about $4 billion, including debt, according to p...Reuters
Thu, Mar 6
Fed's Waller says large tariffs are harder for companies to deal with
By Michael S. DerbyNEW YORK, March 6 (Reuters) - Federal Reserve Governor Christopher Waller warned on Thursday that the sort of tariffs being contemplated by the Trump administration will be harder to navigate for businesses and the economy as a whole. “It's very hard to eat a 25% tariff out of...Reuters
Thu, Mar 6
Washington state prevails over church in abortion coverage appeal
US appeals court says church lacked standing to sueSeattle-area church says religious rights were violatedLawyer representing church calls decision 'shocking'By Jonathan StempelMarch 6 (Reuters) - A divided U.S. appeals court on Thursday rejected a suburban Seattle church's bid to void a...Reuters
Thu, Mar 6
Democratic-led states sue over Trump cuts to teacher training funding
By Nate Raymond BOSTON, March 6 (Reuters) - Eight Democratic-led states on Thursday filed a lawsuit challenging cuts U.S. President Donald Trump's administration made to grant funding for teacher preparation programs, a move they said was in keeping with Republican's efforts to eradicate ...Reuters
Thu, Mar 6
US judge reinstates Democratic labor board member fired by Trump
By Daniel WiessnerMarch 6 (Reuters) - A federal judge on Thursday said President Donald Trump's firing of a Democratic member of the National Labor Relations Board was illegal and ordered that she be reinstated to her post.The decision by U.S. District Judge Beryl Howell in Washington, D.C., res...Reuters
Thu, Mar 6
AM Best warns prolonged US tariffs would hit insurer loss costs
By Michael LoneyMarch 6 - (The Insurer) - U.S. President Trump’s imposition of tariffs on Canada, Mexico and China would be a credit negative for the insurance industry if prolonged, especially for homeowners and auto lines.In a commentary issued Thursday, AM Best said the planned imposition of a 25...Reuters
Thu, Mar 6
Trump: Let states run schools if Education Department eliminated
WASHINGTON, March 6 (Reuters) - President Donald Trump said on Thursday that he wants U.S. states to run schools after the potential abolishment of the Education Department.Trump told reporters that he thinks student loans will be handled by the U.S. Treasury Department, the Small Business Administr...Reuters
Thu, Mar 6
