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Stock Market & Financial Investment News

News Breaks
February 4, 2014
06:44 EDTARTC, SNNArthroCare unlikely to attract competing bid, NY Times columnist says
After British medical technology company Smith & Nephew (SNN) yesterday agreed to buy sports medicine specialist ArthroCare (ARTC) for $1.5B, New York Times columnist Quentin Webb doesn't expect ArthroCare to attract another bid. Smith & Nephew has more synergies with ArthroCare than other potential bidders, making a competing bid unlikely, the columnist explained. Reference Link
News For ARTC;SNN From The Last 14 Days
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September 24, 2014
11:06 EDTSNNSmith & Nephew announces intended ratio change for ADRs
Smith & Nephew announces an intended ratio change to its NYSE-listed American Depositary Receipt program. The ratio will change from the current one ADR per five ordinary shares to one ADR per two ordinary shares. The anticipated effective date for the ratio change is October 14. To implement the change, ADR holders on the record at the close of business one business day prior to the ratio change taking effect will receive 2.5 ADRs for every one ADR held.
09:11 EDTSNNSummer Street Director of Research to hold an analyst/industry conference call
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September 17, 2014
07:43 EDTSNNBofA/Merrill to hold a conference
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