The Dow Chemical Firm (NYSE:DOW) [Trend Analysis] surged reacts as active mover, shares an advance 1.14% to traded at $52.42 and the percentage gap among open changing to regular change was 0.98%. EU antitrust regulators have resumed their examination into the $130 billion merger of U.S. chemicals giants Dow Chemical and DuPont following the companies provided data they had been asked for. The European Commission, which halted its scrutiny in early September, will now decide by Feb. 6 whether to approve the accord.
Commission spokesman Ricardo Cardoso confirmed in an email that the companies had submitted important information requested by the EU competition enforcer. Dow Chemical and DuPont stated they were confident of securing EU authorization . The firm’s current ratio calculated as 2.00 for the most recent quarter. The firm past twelve months price to sales ratio was 1.28 and price to cash ratio remained 8.07. As far as the returns are concern, the return on equity was recorded as 36.50% and return on investment was 21.80% while its return on asset stayed at 11.20%. The firm has total debt to equity ratio measured as 0.86.
Medtronic plc (NYSE:MDT) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.01% to $86.39. Medtronic plc (MDT) released positive clinical data for its examinational Avalus pericardial aortic surgical valve, intended for the treatment of aortic valve disease. Presented at the 30th European Association for Cardio-Thoracic Surgery (EACTS) Yearly Meeting for the first time, results from the PERIGON Pivotal Trial showed low rates of adverse valve-related events, high survival and improved hemodynamic performance at one year.
One of the largest, most comprehensive and modern data sets of surgical aortic valve replacement (SAVR) patients, the PERIGON Pivotal Trial is a single arm, non-randomized, prospective study of about 1,300 patients from 40 clinical sites across Europe, Canada, Japan and the United States. In the cohort presented at EACTS, outcomes of 270 patients were analyzed at the one-year endpoint. The share price of MDT attracts active investors, as stock price of week volatility recorded 1.45%. The stock is going forward to its 52-week low with 31.51% and lagging behind from its 52-week high price with -3.23%.