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Thermo Fisher Scientific (TMO) CEO resigns |
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| Sep 15, 2009 05:40 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Major movement, Bad news, Management, Options, Technical Analysis  Thermo Fisher Scientific (NYSE: TMO - option chain) stock is trading lower today after the company's CEO Marijn Dekkers resigned to take over the CEO position at Bayer. The company will replace him with current COO Marc Casper, effective on October 15. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on TMO.This morning, TLB opened at $46.95. So far today the opening price was the stock's high and it has traded as low as $45.55. As of 12:00, TMO is trading at $45.81, down $1.78 (-3.7%). The chart for TMO looks neutral and S&P gives TMO a neutral 3 STARS (out of 5) hold ranking. Continue reading Thermo Fisher Scientific (TMO) CEO resigns Thermo Fisher Scientific (TMO) CEO resigns originally appeared on BloggingStocks on Tue, 15 Sep 2009 12:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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