financetom
Business
financetom
/
Business
/
Activist investor Elliott builds stake in life-science tools supplier Bio-Rad Laboratories, WSJ reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Activist investor Elliott builds stake in life-science tools supplier Bio-Rad Laboratories, WSJ reports
May 17, 2026 6:03 PM

May 17 (Reuters) - Activist investor Elliott Investment

Management has built a sizable stake in Bio-Rad Laboratories ( BIO/B )

and plans to push the supplier of life-science tools and

diagnostics products to boost its underperforming stock price,

the Wall Street Journal reported on Sunday.

Reuters could not immediately verify the WSJ report.

(Reporting by Rishabh Jaiswal in Bengaluru; Editing by

Subhranshu Sahu)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Natural Resource Partners Approves Special Dividend of $1.21 a Unit, Payable March 18 to Holders of Record on March 11
--Natural Resource Partners Approves Special Dividend of $1.21 a Unit, Payable March 18 to Holders of Record on March 11
Feb 28, 2025
10:30 AM EST, 02/28/2025 (MT Newswires) -- Price: 105.95, Change: +6.95, Percent Change: +7.02 ...
Petrobras to commission four more ships, upping orders to 48 by 2026
Petrobras to commission four more ships, upping orders to 48 by 2026
Feb 28, 2025
RIO DE JANEIRO, Feb 28 (Reuters) - Brazilian state-run oil firm Petrobras will commission four more support vessels by 2026, Chief Executive Magda Chambriard told Reuters, increasing the number of new ships aimed at supporting its operations to 48 by 2026. The reinforcement of Petrobras' fleet comes in light of expectations of growth in offshore oil production in the next...
Wells Fargo Discontinues Sector-Specific Financed Emissions Targets, Net-Zero Goal
Wells Fargo Discontinues Sector-Specific Financed Emissions Targets, Net-Zero Goal
Feb 28, 2025
10:39 AM EST, 02/28/2025 (MT Newswires) -- Wells Fargo ( WFC ) said Friday it is discontinuing its sector-specific 2030 interim financed emissions targets and its goal to achieve net zero by 2050 for financed emissions. The bank will retain its 2030 sustainable finance goal, 2030 operational sustainability targets, and 2050 goal for its own operational emissions, it added. Wells...
ANI Pharmaceuticals Expects Strong Start To 2025, On Back Of Cortrophin Gel And Generics, Lifts Annual Forecast
ANI Pharmaceuticals Expects Strong Start To 2025, On Back Of Cortrophin Gel And Generics, Lifts Annual Forecast
Feb 28, 2025
On Friday, ANI Pharmaceuticals Inc ( ANIP ) reported fourth-quarter adjusted EPS of $1.63, up from $1 a year ago, beating the consensus of $1.44. The company reported sales of $190.57 million, up 44.8% year over year, beating the consensus of $175.37 million. On an organic basis, excluding the acquisition of Alimera, total net revenues grew 23.8% year-over-year. Net revenues...
Copyright 2023-2026 - www.financetom.com All Rights Reserved