Oct 16 (Reuters) - A shortage of intravenous (IV) saline fluids due to Hurricane Helene is forcing hospitals to defer non-urgent surgeries, and could hurt companies that make medical devices for elective procedures if the supply crunch persists, analysts said. Baxter International's ( BAX ) North Carolina plant, which makes 60% of the nation's supply of IV fluids and some...

Universal Stainless & Alloy Products, Inc. ( USAP ) shares are trading higher on Thursday. The company disclosed that it has entered into a definitive agreement for an all-cash acquisition by Luxembourg-based Aperam. According to the terms of the agreement, Aperam will purchase all outstanding shares of Universal Stainless for $45.00 per share, reflecting a premium of approximately 19% over...

11:42 AM EDT, 10/17/2024 (MT Newswires) -- E3 Lithium ( EEMMF ) said on Thursday it completed a pilot project that demonstrated its direct lithium extraction (DLE) technology at scale. The company said the project was supported by a $3.5 million contribution from Natural Resources Canada's Critical Minerals Research, Development and Demonstration program. E3 said its DLE technology extracted lithium...

11:46 AM EDT, 10/17/2024 (MT Newswires) -- Electrovaya ( ELVA ) said Thursday it received a CA$2 million ($1.5 million) funding from the Canadian government to support investments in automation, artificial intelligence and capacity upgrades at the company's manufacturing facility in Mississauga, Ontario. The investment was made through the Federal Economic Development Agency for Southern Ontario, the company said. Electrovaya...