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Stock Market & Financial Investment News

News Breaks
September 19, 2012
07:19 EDTABT, BSX, JNJ, COVStroke drugs vs.stents, WSJ reports
Research that suggests prescription drugs are as good or better at preventing strokes than interventional procedures is prompting a range of leading doctors to recommend against carotid surgery and carotid stent implants in most patients who haven't had stroke symptoms. The shift has broad implications for large medical-device makers (ABT, BSX, JNJ, COV), reports the Wall Street Journal. Reference Link
News For ABT;BSX;JNJ;COV From The Last 14 Days
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May 17, 2013
06:19 EDTJNJJ&J to end sales of of metal-on-metal hip replacements, Bloomberg reports
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May 16, 2013
16:13 EDTBSXVascular Solutions files patent infringement complaint against Boston Scientific
Vascular Solutions (VASC) announced that it has filed a patent infringement complaint in the U.S. District Court for the District of Minnesota against Boston Scientific Corporation (BSX). The complaint alleges that Boston Scientific has infringed three patents owned by Vascular Solutions concerning rapid exchange guide extension technology by manufacturing and selling its Guidezilla guide extension catheter which received 510(k) clearance in March. Vascular Solutions is seeking an injunction against Boston Scientific prohibiting the manufacture and sale of its Guidezilla catheter as well as damages for lost profits and legal costs.
07:51 EDTBSXBoston Scientific price target raised to $12 from $9 at JMP Securities
JMP Securities increased its price target on Boston Scientific as the firm believes after speaking with experts that S-ICD devices can be used in 50% of de novo implant cases, up from its previous estimate of 30%. The firm's FY13 and FY14 earnings estimates for the company are well above consensus levels and it reiterates an Outperform rating on the shares.
07:28 EDTBSX, COVI/O Central to host a conference
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May 15, 2013
16:51 EDTJNJFDA approves Simponi to treat ulcerative colitis
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May 14, 2013
15:33 EDTBSXBoston Scientific has a conference call hosted by JPMorgan
JPMorgan Analyst Weinstein will host a conference call with CEO Mike Mahoney on May 17 at 11 am.
May 10, 2013
11:48 EDTJNJDrugmakers to face pressure on U.S. prices, Reuters says
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10:00 EDTBSXOn The Fly: Analyst Upgrade Summary
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09:03 EDTBSXBoston Scientific receives CEO Mark approval for Rhythmia mapping system
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06:16 EDTCOV, JNJObesity surgery booming in India, Bloomberg reports
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05:46 EDTBSXBoston Scientific upgraded to Outperform from Market Perform at Wells Fargo
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May 9, 2013
17:09 EDTJNJJohnson & Johnson deal to settle sales practices probe stalls, WSJ reports
Johnson & Johnson's $2.2B settlement with the Justice Department related to its promotion of certain drugs is on hold as the company is looking to avoid language in the agreement that could make it vulnerable to private lawsuits, reports The Wall Street Journal, citing people familiar with the talks. Reference Link
12:04 EDTBSXBoston Scientific says data show Watchman device superior to warfarin
Boston Scientific reports that the four-year follow-up data from the PROTECT AF clinical trial demonstrated the WATCHMAN Left Atrial Appendage Closure device was statistically superior to warfarin for preventing cardiovascular death, all-cause stroke and systemic embolization. The data demonstrated significant reductions in both cardiovascular and all death compared to warfarin. The data were presented today as a late-breaking clinical trial at Heart Rhythm 2013, the Heart Rhythm Society's 34th Annual Scientific Sessions.
09:51 EDTJNJJ&J unit says first patient enrolled in reMARQable study
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09:27 EDTBSXLeerink's medical devices analyst holds a conference call
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07:04 EDTABTAbbott announces CE Mark for A1c test
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May 8, 2013
07:38 EDTBSX, JNJ, COVBofA/Merrill's medical tech analyst hold an analyst/industry conference call
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May 7, 2013
07:24 EDTCOVMizuho Securities to host a conference
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May 6, 2013
12:35 EDTABTAbbott management to meet with Jefferies
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11:29 EDTJNJJ&J cosmetics license revoked at Mumbai plant, Reuters says
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