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Stock Market & Financial Investment News

News Breaks
March 14, 2013
05:55 EDTABT, ABT, BSX, BSX, JNJ, JNJ, MDT, MDT, STJ, STJ, EW, EW, ATRC, ATRC, HT, HTLeerink's medical supplies and devices analyst holds a luncheon
Medical Supplies & Devices Analyst Antalffy holds a luncheon meeting where the focus is on current market paradigms and future growth drivers in interventional cardiology at the Variety Club Research Center at the University of Minnesota, Minneapolis on March 20 at 11 am.
News For ABT;BSX;JNJ;MDT;STJ;EW;ATRC;HT 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.
13:32 EDTMDTMedtronic volatility flat into Q4 and outlook
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10:03 EDTMDTOn The Fly: Analyst Downgrade Summary
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08:05 EDTSTJSt. Jude Medical's 3-D vessel reconstruction system approved in Europe
St. Jude Medical announced CE Mark approval of its Ilumien Optis PCI Optimization System, a new technology designed to provide physicians with a comprehensive disease assessment tool for treating patients with coronary artery disease. St. Jude Medical is the only company to provide these tools together in an integrated platform.
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 EDTBSXI/O Central to host a conference
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06:32 EDTMDTMedtronic downgraded to Neutral from Outperform at Credit Suisse
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May 15, 2013
16:51 EDTJNJFDA approves Simponi to treat ulcerative colitis
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07:17 EDTEWEdwards Lifesciences share repurchases positive, says Wells Fargo
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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.
09:27 EDTEWEdwards Lifesciences CEO to purchase $5M of company stock
The company announced that Michael A. Mussallem, Edwards' chairman and CEO, will make a $5M cash purchase of newly issued shares of Edwards common stock.
09:26 EDTEWEdwards Lifesciences announces new $750M share repurchase program
Edwards Lifesciences announced that its board has authorized a new share repurchase program to acquire up to an additional $750M of the company's outstanding common shares. As of March 31, Edwards had approximately $140M remaining of its current $500M share repurchase program, which was authorized in September 2011. Edwards expects to utilize the remainder of the $500M repurchase authorization during Q2.
09:22 EDTEWEdwards Lifesciences CFO announces retirement
Edwards Lifesciences announced that Thomas M. Abate, the company's CFO, plans to retire later this year. Abate plans to remain CFO until his successor is in place. The company has retained Peter Crist of Crist/Kolder Associates to assist in the CFO search.
08:09 EDTSTJSt. Jude Medical announces first patient enrolled in EnligHTN III study
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May 10, 2013
15:49 EDTMDTMedtronic defibrillators demonstrate success of shock avoidance
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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 EDTJNJObesity surgery booming in India, Bloomberg reports
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