Ecolab Inc. announced today the commencement of an exchange offer related to the split-off of its Upstream Energy business (the "ChampionX Business"). With 97% of the expected vote total reported, Democratic challenger Jon Ossoff was leading Republican Sen. David Perdue by just 0.22 percentage points, according to data aggregated by the Associated Press. This was a 2 for 1 split, meaning for each share of ECL owned pre-split, the shareholder now owned 2 shares. ST. PAUL, Minn.-- (BUSINESS WIRE)--Ecolab Inc. announced today the commencement of an exchange offer related to the split-off of its Upstream Energy business (the “ChampionX Business”). Depending upon when you acquired or purchased your Ecolab Common Stock, your cost basis in such stock may be affected by the payment of interim stock splits as described below. Though Cramer called IBM a controversial pick, he thinks that IBM's Red Hat acquisition was smart, and the company is focusing on fast-growing future opportunities. The exchange offer will be subject to proration if the exchange offer is oversubscribed, and the number of Ecolab shares accepted in the exchange offer may be fewer than the number of Ecolab shares tendered. Top-line data from the study is expected in the second half of 2021.Furthermore, this past December, the company announced that it had entered an agreement with EBRIS, the European Biomedical Research Institute of Salerno, to investigate Larazotide as a potential treatment for respiratory complications due to COVID-19.The other major drug in the company’s pipeline is NM-002, for SBS. Nasdaq futures slide as investors bet Democrats could win the U.S. Senate and as U.S.-China tensions escalate; Alibaba reportedly plans a $5 billion bond sale; the NYSE could again reverse course on Chinese telco delistings. We model $705M/$353M in peak unadjusted/adjusted sales and see potential upside of 400% - 1650% from positive Ph3 readout.”Devarakonda also sees “significant unmet need in SBS” and continues to believe that “NM-002 has a differentiated profile vs. SOC.” His key takeaways from the recent Phase 1b/2a results include: “1) we believe that the drug showed early activity in SBS patients; all 9 patients showed meaningful reduction in total stool output volume; average TSO reduction was 42% from baseline; 2) responses occur rapidly, with effects on TSO seen within 48 hours of dosing; 3) safety profile looks favorable, we would like to see greater durability.”To this end, Devarakonda rates NMTR shares a Buy along with a $5 price target. The Ecolab 52-week high stock price is 231.36, which is 6.9% above the current share price. Benzinga does not provide investment advice. (To watch Nierengarten’s track record, click here)Do other analysts agree with Nierengarten? Since then, ECL stock surged by 20,505.71%, with an average of 436.29% per year. Ecolab Inc.ECL is a popular name in the MedTech space. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Ecolab Inc. (“Ecolab”) announced today the final proration factor of 4.7060 percent in its split-off exchange offer for Ecolab common stock in connect A trusted partner at nearly three million commercial customer locations, Ecolab (ECL) is the global leader in water, hygiene and infection prevention solutions and services. All rights reserved. Ecolab anticipates that the transaction will be in the form of a distribution to Ecolab shareholders of 100% of the stock of Upstream Energy, as a new independent publicly-traded … Cramer thinks the stock is a good performer and is likely to go higher due to polyethylene's rising price.See What Analysts Think about DowIBM (NYSE: IBM): It yields 5.17%. 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Using the Cumulative Factor of 0.0625 for stock purchased prior to July 15, 1986, your original 100 shares now represents 1,600 shares at an adjusted cost basis equal to: ($40.00 purchase price)x(0.0625 Cumulative Factor)= $2.50 per share. *The 1998 ending price for Ecolab, Inc. has been adjusted for a 2 for 1 stock split. Since then, ECL stock has increased by 16.0% and is now trading at $216.36. “The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble,” says GMO’s Jeremy Grantham. 1 Ecolab Place Therefore, ORTX gets a Strong Buy consensus rating. With annual sales of $15 billion and 50,000 associates, Ecolab delivers comprehensive solutions, data-driven insights and on-site service to advance food safety, protect public health, optimize water and energy use, and improve operational efficiencies for customers in the food, healthcare, energy, hospitality and industrial markets in more than 170 countries around the world. Sundial shares were up 17% premarket, as part of a broader rally in the cannabis sector on hopes the pro-cannabis reform Democrats may take the Senate after Raphael Warnock won one of two Senate runoffs in Georgia early Wednesday, according to the Associated Press, bringing Democrats a seat closer to a Senate majority. The registration statements, Apergy’s proxy statement, Ecolab's Schedule TO and other documents (when they are available) can also be obtained free of charge from Ecolab upon written request to Ecolab Inc., Attn: Investor Relations, 1 Ecolab Place, St. Paul, MN 55102, or by e-mailing investor.info@ecolab.com, or upon written request to Apergy Corporation, Investor Relations, 2445 Technology Forest Boulevard, The Woodlands, Texas 77381, or by e-mailing david.skipper@apergy.com. I think investors deserve much better than to say that there's no opportunity for income in this market. A "blue wave" would give more scope for President-elect Joe Biden to act on his agenda including new stimulus, but it could also mean higher corporate taxes and more regulations for technology behemoths, which led Wall Street's recovery from a coronavirus-driven crash last year. May 01, 2020. Stock futures fluctuated Wednesday morning as traders awaited final results of the Georgia Senate runoff elections, which will determine control of Congress and shape policy decisions for the coming years. That along would be enough to boost spirits, but better yet, there is also a perception that the markets are going to drive higher in the new year.Marko Kolanovic, JPMorgan’s well-known quant expert, sees the initial stages of a positive feedback loop, with lower volatility and systematic investment strategies coming together to drive gains, attracting more investors – and, in Kolanovic’s view, pushing the S&P 500 to 4,600 by year’s end. Democratic challenger Raphael Warnock won a hotly contested Senate race in Georgia over Republican incumbent Kelly Loeffler, while Democrat Jon Ossoff held a narrow lead over incumbent Republican David Perdue in the other race. ST. PAUL, Minn.-- (BUSINESS WIRE)-- Ecolab Inc. announced today the commencement of an exchange offer related to the split-off of its Upstream Energy business (the “ChampionX Business”). Last month ORTX received IND clearance from the FDA for the program paving the way for discussions with the US regulators to decide a suitable path forward toward a BLA filing.”"Net-net, with possibly two gene therapies approved in the next 12-18 months and a pivotal study beginning in a third (MPS-I), we think ORTX shares are undervalued at these levels," the analyst concluded. This figure conveys his confidence in NMTR’s ability to soar 462% in the coming year. The latest closing stock price for Ecolab as of December 31, 2020 is 216.36. Benzinga does not provide investment advice. At $15, the average price target indicates shares could appreciate by 241% in the year ahead. These forward-looking statements are based on ChampionX and Ecolab’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from ChampionX and Ecolab’s current expectations. SpinCo will consist of the Oil Field Chemicals production business (80% of SpinCo sales), as well as the WellChem drilling and Canadian cannabis company Sundial Grower's Inc. said Wednesday it has issued a notice of default to Zenabis regarding certain defaults under the terms of its senior loan. Ecolab Inc. (“Ecolab”) announced today both the successful completion of its split-off exchange offer for Ecolab common stock in connection with the p These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "forecast," "outlook," "target," "endeavor," "seek," "predict," "intend," "strategy," "plan," "may," "could," "should," "will," "would," "will be," "will continue," "will likely result," or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. The company is engaged in the development of gene therapies for rare, frequently terminal, diseases, including neurometabolic disorders, primary immune deficiencies, and blood disorders. Stock split history for Ecolab since 1988. When has Ecolab's stock split? Read our Cookies Policy to learn more. Jim Cramer: 10 Big Dividend Stocks I Like Now, Dow Jones Futures Rise, While Tech Futures Dive Amid Georgia Senate Vote Results, Stock market news live updates: Stock futures fluctuate, tech shares slide as Georgia Senate runoff results trickle in. For example, a 1000 share position pre-split, became a … By using Ecolab.com, you consent to our use of cookies. The gene therapy approach uses blood stem cells to deliver corrected genetic information directly into the patient’s body.Orchard’s pipeline demonstrates the diversity of disorders amenable to gene therapy – the company has no less than 12 drug candidates in development. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Information about the directors and executive officers of Apergy may be found in its Annual Report on Form 10-K filed with the SEC on March 2, 2020, its definitive proxy statement relating to its 2020 Annual Meeting of Stockholders filed with the SEC on April 2, 2020 and its definitive proxy statement relating to the proposed transaction filed with the SEC on April 29, 2020. The entrepreneur prophesied that there would be a viable third political party in the U.S. by 2030.If "SPAC King" and Virgin Galactic (NYSE: SPCE) Chairman Chamath Palihapitiya is to be believed, under this condition, Cuban might just be ready to run for the office of POTUS in 2024.On the last day of 2020, Palihapitiya had said he would buy the Hamptons and convert it to sleepaway camps for kids, working farms, and low-cost housing should BTC hit $150K.Why It Matters: Bitcoin has risen about 19% at $34,249 as of press time in 2021 so far, touching an all-time high at $35,587.66 late Tuesday.JPMorgan analysts see Bitcoin reaching 6,000 levels in the long term should private sector investments into the cryptocurrency match those in gold.Institutional investors continued to invest in the apex cryptocurrency despite the high valuations above $30,000 on Coinbase Pro.Price Action: Bitcoin traded 5.45% higher at $34,193.11 at press time. Given its $4.33 average price target, upside of 386% could be in store for investors. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. That will be a 25% increase for the index.A general market environment like that is bound to produce plenty of stock winners, and Wall Street’s analysts are busy pointing them out. By providing your email address below, you are providing consent to Ecolab Inc. to send you the requested Investor Email Alert updates. There’s a strong feeling growing among investors – of relief – that the new year will feature lower volatility than 2020. With 4 Buys and no Holds or Sells, the word on the Street is that NMTR is a Strong Buy. A trusted partner at nearly three million commercial customer locations, Ecolab (ECL) is the global leader in driving business performance while protecting people and vital resources. After submitting your request, you will receive an activation email to the requested email address. This was a 2 for 1 split, meaning for each share of ECL owned pre-split, the shareholder now owned 2 shares. Historical daily share price chart and data for Ecolab since 1988 adjusted for splits. Therefore, a shareholder will get 2 shares for every 1 share. Any forward-looking statements speak only as of the date of the applicable communication. They do. At Ecolab Inc., we promise to treat your data with respect and will not share your information with any third party. St. Paul, MN 55102. The exchange offer and withdrawal rights are scheduled to expire at 12:01 a.m., New York City time, on June 3, 2020, unless the exchange offer is extended or terminated. *The 2003 ending price for Ecolab, Inc. has been adjusted for a 2 for 1 stock split. CeD affects about 1% of the population, yet there are no approved therapies. Ecolab - Upstream Energy Spin-Off Quick Summary Overview On February 4, 2019 Ecolab (ECL) announced that it intends to spin-off its Upstream Energy business as an independent public company in a tax-free transaction. Ecolab will announce the final exchange ratio used to determine the number of shares of ChampionX common stock that Ecolab stockholders participating in the exchange offer will receive for each share of Ecolab common stock accepted for exchange as well as whether the upper limit will be in effect, through www.championxexchangeoffer.com and by press release, no later than 9:00 a.m., New York City time, on June 1, 2020, the second to last full trading day prior to the expiration date (unless the exchange offer is terminated or extended). The entire economy has shifted to the home, and it's not stopping anytime soon. Related Link: PayPal, Square Gobbling Up All New Bitcoin Supply Fuels Current Price Spike: ReportPhoto by Gage Skidmore on FlickrSee more from Benzinga * Click here for options trades from Benzinga * Bitcoin Breaches All-Time High Above K, Sidelining Ethereum Rally * As Bitcoin Crossed K, Institutional Buyers On Coinbase Made Record Purchases(C) 2021 Benzinga.com. Follow us on Twitter @ecolab, Facebook at facebook.com/ecolab, LinkedIn at Ecolab or Instagram at Ecolab Inc. Cautionary Notes on Forward-Looking Statements. Ecolab Inc. (“Ecolab”) announced today the preliminary results of its split-off exchange offer for Ecolab common stock in connection with the previous Ecolab.com uses cookies to give you the best possible experience. The registration statements, Apergy’s proxy statement, Ecolab's Schedule TO and other documents relating to the proposed transaction (when they become available) can also be obtained free of charge from the SEC’s website at www.sec.gov. The above example does not purport to describe cost basis consequences that may apply to specific categories of shareholders. Among these candidates, Libmeldy (OTL-200) stands out.Libmeldy is in commercialization stages as a treatment for MLD (metachromatic leukodystrophy), a rare, mutation-based genetic disorder of the nervous system. Ecolab's stock was trading at $186.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. The stock closed Tuesday at 54 cents. If the exchange offer is terminated by Ecolab without the exchange of shares (but the conditions to consummation of the transactions have otherwise been satisfied), Ecolab intends to distribute all shares of ChampionX common stock owned by Ecolab on a pro rata basis to holders of Ecolab common stock, with a record date to be announced by Ecolab. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Prices shown are actual historical values and are … Ecolab (ECL) has 3 splits in our Ecolab stock split history database. The exchange offer will expire at 12:01 a.m., New York City time, on June 3, 2020, unless terminated or extended, and the closing of the merger of the Apergy subsidiary with and into ChampionX is expected to occur promptly following the consummation of the exchange offer.

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