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News Breaks
November 30, 2012
09:59 EDTKUB, STJ, DFT, RY, WAC, LMT, CAG, BRO, ULTA, HMSY, CBM, BELFB, ACTVOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Active Network (ACTV) upgraded to Buy from Underperform at BofA/Merrill... Bel Fuse (BELFB) upgraded to Buy from Hold at Needham... Cambrex (CBM) upgraded to Buy from Neutral at Longbow... ConAgra (CAG) upgraded to Buy from Hold at Jefferies... DuPont Fabros (DFT) upgraded to Outperform from Sector Perform at RBC Capital... HMS Holdings (HMSY) upgraded to Buy from Hold at Jefferies... Lockheed Martin (LMT) upgraded to Fair Value from Sell at CRT Capital... St. Jude Medical (STJ) upgraded to Buy from Neutral at Mizuho... Ulta Salon (ULTA) upgraded to Outperform from Market Perform at Wells Fargo... Walter Investment (WAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Kubota Limited (KUB) upgraded to Buy from Neutral at BofA/Merrill... Brown & Brown (BRO) upgraded to Outperform from Neutral at Macquarie... Royal Bank of Canada (RY) upgraded to Outperform from Neutral at Macquarie.
News For ACTV;BELFB;CBM;CAG;DFT;HMSY;LMT;STJ;ULTA;WAC;KUB;BRO;RY From The Last 14 Days
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May 20, 2015
05:29 EDTSTJSt. Jude Medical announces preliminary results from ILUMIEN I and ILUMIEN II
St. Jude Medical announced preliminary results from the ILUMIEN I trial and final results from the ILUMIEN II clinical study. Taken together, the findings from both studies show that with resolution up to 10 times higher than intravascular ultrasound, optical coherence tomography imaging can help improve stent selection and deployment, better support clinical decision-making and improve patient outcomes. In the prospective study to date examining OCT’s impact on clinical decisions and their associated outcomes, ILUMIEN I assessed 418 patients suffering stable or unstable angina or non-ST segment elevation myocardial infarction. The study’s 12-month data shows: OCT guidance conducted either pre- or post-PCI altered physician decision-making in 65% of patients; Pre-PCI OCT altered treatment planning in 55% of patients and led to changes in decisions related to stent length and diameter; OCT imaging was associated with a reduction of in-hospital MI when used pre- and post-PCI to change the procedural strategy. The ILUMIEN II study was designed to determine whether OCT guidance results in a comparable degree of stent expansion as IVUS imaging. After an analysis of OCT-guided stenting or IVUS-guided stenting in 940 patients from the ILUMIEN I and ADAPT-DES studies, the degree of stent expansion was found to be comparable between OCT and IVUS imaging. The study’s data shows OCT and IVUS guidance were also associated with comparable rates of major stent malapposition, tissue protrusion and stent edge dissection.
May 19, 2015
16:45 EDTRYCity National reaches tentative settlement in shareholder dispute of RBC merger
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08:05 EDTSTJSt. Jude Medical announces Canadian launch of Prodigy Chronic Pain System
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May 18, 2015
10:09 EDTLMTLockheed Martin to provide online flight planning services under FAA contract
The FAA) has selected Lockheed Martin to provide online flight service tools to the general aviation community, helping them to plan and navigate the national airspace Under the Direct User Access Terminal Service II contract, Lockheed Martin expands their current work to provide weather information, flight plan processing and in-flight support to pilots.
07:22 EDTCBMUBS to hold a conference
Global Healthcare Conference is being held in New York on May 18-20 with webcasted company presentations to begin on May 18 at 8 am; not all company presentations may be webcasted. Webcast Link
May 15, 2015
18:12 EDTLMTLockheed Martin, Boeing JV to cut executive ranks by 30%, Reuters reports
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14:20 EDTSTJSt. Jude Medical reports positive results from CardioMEMS HF System
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14:01 EDTSTJSt. Jude Medical reports positive results from Allure Quadra CRT-P System
St. Jude Medical announced the presentation of important data supporting the first and only quadripolar cardiac resynchronization therapy pacemaker system in the U.S., during the Heart Rhythm Society's 36th annual scientific sessions. The Allure Quadra CRT-P system, with the Quartet Quadripolar LV Lead is associated with a 63% reduction in the need to replace the lead or deactivate CRT following implant. Quadripolar LV pacing using SJM quadripolar CRT-Ds or CRT-Ps and an SJM quadripolar lead provides physicians with multiple pacing options to avoid phrenic nerve stimulation and allow for optimal treatment delivery without the need to replace or deactivate the therapy. An analysis evaluating more than 3,000 patients implanted with a CRT-P (1,325 with a quadripolar lead vs. 1,930 with a bipolar lead) looked at whether the known decreased need to replace or deactivate LV leads associated with SJM quadripolar CRT-Ds and the Quartet LV lead also extends to St. Jude Medical quadripolar CRT-Ps. The retrospective data analysis was presented in a session titled Quadripolar Leads are Associated with Fewer LV Lead Replacements and Deactivations in CRT-P Patients by Dr. Mintu P. Turakhia, who led the investigation. The data show that patients with the Quartet LV lead were 63% less likely to undergo lead replacement or deactivation of CRT compared to the patients with bipolar leads.
08:45 EDTSTJSt. Jude Medical management to meet with Leerink
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08:41 EDTSTJSt. Jude Medical management to meet with Leerink
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08:00 EDTLMTReport claims Lockheed beats Raytheon for missile shield pact, Reuters says
German newspaper Sueddeutsche Zeitung reported that Germany's defense ministry has decided to award a Lockheed Martin (LMT) led consortium one of the most expensive defense projects of the next decade by supposedly selecting its MEADS missile defense system over Raytheon's (RTN) next-generation Patriot system, though a U.S.-based source called the German report "absolutely incorrect," according to Reuters. Reference Link
May 14, 2015
09:41 EDTSTJLeerink medical devices analyst holds a cardiology luncheon meeting
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May 13, 2015
10:05 EDTLMTLockheed Martin receives $174M FMS contract for ATACMS production
Lockheed Martin received a $174M Foreign Military Sales contract for Army Tactical Missile System production for the U.S. Army and the United Arab Emirates. ATACMS is the U.S. Army's only tactical long-range precision-strike surface-to-surface weapon system. All production on this contract will be conducted at Lockheed Martin's award-winning facility in Camden, Arkansas.
08:08 EDTSTJSt. Jude Medical receives CE Mark approval of Ellipse expanded labeling
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07:31 EDTSTJHeart Rhythm Society to hold a conference
Heart Rhythm 2015 is being held in Boston on May 13-16.
May 12, 2015
16:32 EDTCAGConAgra acquires Blake’s All Natural Foods, terms not disclosed
ConAgra Foods announced that it has acquired Blake’s All Natural Foods, a rapidly-growing, family-owned company which makes natural and organic frozen meals, including pot pies, casseroles, pasta dishes and other entrees. Blake’s All Natural Foods has approximately 60 employees based in Concord, N.H. Licata will continue to lead the Blake’s business from its headquarters in Concord. Terms of this all-cash deal were not disclosed. This transaction has no impact to ConAgra Foods’ previously communicated debt reduction commitments for fiscal 2015.
14:13 EDTRYBove says it may be time to buy bank stocks
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07:35 EDTSTJBofA/Merrill to hold a conference
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May 11, 2015
08:13 EDTHMSYHMS Holdings weakness a buying opportunity, says Baird
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07:49 EDTBROBrown & Brown announces asset acquisition of Bellingham Underwriters
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