The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Thermo Fisher Scientific Inc was nearing a deal Sunday to take over fellow laboratory-equipment maker Life Technologies Corp for as much as $13 billion, in a move that could enable the company to slash costs and reap gains from next-generation genetic-sequencing machines. ()* China's economic growth slowed unexpectedly in the first quarter, raising concerns that a recovery that started in the second half of last year is already losing steam. ()
Life Technologies Corporation (Life Technologies) is a global life sciences company. Shares of LIFE traded higher by 1.78% or $1.19/share to $68.00. In the past year, the shares have traded as low as $39.73 and as high as $68.23. On average, 2114890 shares of LIFE exchange hands on a given day and today's volume is recorded at 3250118.
Thermo Fisher Scientific Inc. (Thermo Fisher) is engaged in serving science. Shares of TMO fell by 0.4% or $-0.32/share to $79.59. In the past year, the shares have traded as low as $48.14 and as high as $81.96. On average, 2159000 shares of TMO exchange hands on a given day and today's volume is recorded at 2326877.
Source
