Elanco Animal Health Inc. isn’t sure exactly what the company’s future holds, but it’s determined that future includes Bayer Animal Health.
Indiana-based Elanco said Tuesday that it was withdrawing its previous guidance for 2020 revenue and per-share earnings due to uncertainties caused by the COVID-19 outbreak. In a release, the company said it would provide an update on its financial situation on its first-quarter earnings call in early May.
Still, Elanco said the global disruption brought…Elanco restates importance of buying Bayer Animal Health
Elanco Animal Health Inc. isn’t sure exactly what the company’s future holds, but it’s determined that future includes Bayer Animal Health.
Indiana-based Elanco said Tuesday that it was withdrawing its previous guidance for 2020 revenue and per-share earnings due to uncertainties caused by the COVID-19 outbreak. In a release, the company said it would provide an update on its financial situation on its first-quarter earnings call in early May.
Still, Elanco said the global disruption brought…
Dairy Farmers of America could learn Thursday if it will have the inside track to buy the nation’s largest milk processor out of bankruptcy.
A hearing is scheduled for Thursday on a motion by Dean Foods Co. to have DFA serve as a “stalking horse bidder” for its assets. The stalking horse bidder provides an offer that serves as a floor for bidding in a court-run auction.
Kansas City, Kan.-based DFA made an offer in mid-February to buy Dean Foods assets for $425 million plus the assumption…
The nation’s major broadband and telecom companies signed on to an effort to help small businesses and residents maintain service through the coronavirus outbreak. Also as part of the effort, companies have made Wi-Fi hotspots available to anyone who needs them.
Federal Communications Commission Chairman Ajit Pai announced the Keep Americans Connected Pledge on Friday. Companies signing on agree to:
• Not terminate service to residential and small business customers unable to pay their bills…
The Kansas City area's largest private employer will have employees work from home through the rest of the month.
Cerner Corp. (Nasdaq: CERN) announced Sunday that all associates who can work remotely should do so beginning Monday, as a means of slowing the spread of COVID-19. At this point, the North Kansas City-based health care IT company expects to have workers return on March 30, according to a spokeswoman.
Cerner ranks No. 1 on the Kansas City Business Journal's Private-Sector Employers List,…
Gas prices in the Kansas City area are 38 cents lower than a year ago, due largely to turmoil among two major petroleum producers.
Gas prices averaged $1.97 a gallon in the Kansas City area last week, according to GasBuddy. The price dropped 14.3 cents a gallon during the week, according to GasBuddy’s daily survey of 752 stations.
The average price of gas in the KC area is 12.1 cents lower than a month ago and 38.1 cents lower than a year ago.
Nationally, the average price for a gallon of gas…
Editor Brian Kaberline writes that as usual, a new year starts with plenty of uncertainty lingering over it. The real challenge, he writes, is how we respond to it.