Latest News of BAX
Baxter Cuts Dividend by 41% Ahead of Kidney-Care Unit Sale
Baxter International has decreased its dividend by 41% in preparation for the $3.8 billion sale of its kidney-care segment to Carlyle Group. The new quarterly dividend is 17 cents, down from 29 cents,...
Baxter International Inc (BAX) Q3 2024 Earnings Call Highlights: Strong Sales Growth and ...
Baxter's Healthcare Systems & Technologies segment is expected to grow, with US Patient Support Systems and Care Communications showing positive trends. Despite challenges like the hurricane impact, t...
Baxter's North Carolina Facility Manufactures ~60% Of IV Fluids And Peritoneal Dialysis Solutions, Senator Demands Immediate Action To Protect Patient Care Amid Shortage
Baxter International's largest IV solutions facility in North Carolina shut down due to flooding from Hurricane Helene. Senator Klobuchar warns of a potential crisis as another facility in Florida is ...
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Does Baxter Stock Offer Any Room For Growth?
By Forbes | 1 month agoBaxter stock (NYSE: BAX) trades at $38, 50% lower than in February 2022. Its performance has been weaker than peers due to falling profit margins and business sale. Despite an uncertain market, analys...
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Here's Why Baxter International (BAX) Slid in Q2
By Yahoo! Finance | 1 month agoParnassus Investments released the Q2 2024 investor letter for the Parnassus Value Equity Fund, reporting a -3.81% return. The fund's focus on AI-related IT investments and bargain opportunities is hi...
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Should You Increase Your Holdings in Baxter International (BAX)?
By Yahoo! Finance | 2 months agoBroyhill Asset Management's Q2 2024 investor letter discusses the decline in their equity portfolio despite global market gains. The top five investments made up almost 50% of the portfolio, including...
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Baxter To Sell Its Kidney Care Unit To Carlyle For $3.8 Billion
By Forbes | 3 months agoBaxter International Inc. and Carlyle have reached an agreement for Carlyle to acquire Baxter's Kidney Care segment for $3.8 billion. The deal is expected to close in late 2024 or early 2025. Baxter p...
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Baxter International Slides 6.5% After Deal to Sell Kidney Care Business to Carlyle Group
By MarketWatch | 3 months agoBaxter International's shares fell after announcing the sale of its kidney-care business to Carlyle Group for $3.8 billion. The deal aims to reduce debt and facilitate strategic changes. The business,...
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Baxter signs over kidney care arm to investment firm in $3.5bn deal
By Yahoo! Finance | 3 months agoBaxter has agreed to sell its kidney care segment to Carlyle for $3.5bn, following plans to improve performance and pay off debts. The spin-out, named Vantive, will focus on dialysis and organ support...
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Carlyle to buy Baxter's kidney-care spinoff Vantive for $3.8 billion
By Yahoo! Finance | 3 months agoCarlyle Group acquires Baxter's kidney-care unit Vantive for $3.8 billion to help Baxter reduce debt. The deal is expected to close by early 2025, following Baxter's exploration of options for its kid...
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Baxter to sell its kidney care business in a $3.8 billion deal to Carlyle Group
By MarketWatch | 3 months agoBaxter International Inc. shares rose slightly in premarket trading after announcing the sale of its kidney care business to Carlyle Group for $3.8 billion. The deal will help Baxter reduce debt and f...
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Baxter International (BAX) Slipped in Q2 Despite Solid Results and Guidance Raise
By Yahoo! Finance | 3 months agoArtisan Partners' "Artisan Mid Cap Value Fund" Q2 2024 investor letter reported negative returns compared to the index. Baxter International Inc. stood out with a 7.80% one-month return....
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Beyond the Balance Sheet: What SWOT Reveals About Baxter International Inc (BAX)
By Yahoo! Finance | 3 months agoBaxter International Inc faces threats from intensified competition and geopolitical tensions. Despite financial stability and a diverse product portfolio, challenges like supply chain vulnerabilities...
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Ares, HPS Line Up $3 Billion Debt for Carlyle's Baxter Unit Bid
By Yahoo! Finance | 3 months agoDirect lenders, including Ares and HPS, are providing a $3 billion credit facility for Carlyle Group's potential purchase of Baxter International's kidney-care division. The financing includes a unitr...
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Baxter International's (NYSE:BAX) Dividend Will Be $0.29
By Yahoo! Finance | 3 months agoBaxter International Inc. (NYSE:BAX) will pay a $0.29 dividend on October 1st, with a 3.3% yield. However, the company is paying out more than it earns, leading to concerns about sustainability and gr...