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Stock Market & Financial Investment News

News Breaks
May 19, 2014
10:05 EDTFMS, BAXBaxter denied Supreme Court appeal of Fresenius Medical ruling
The Supreme Court declined to hear an appeal filed by Baxter (BAX) over a patent dispute with Fresenius Medical (FMS). The high court decision means the Court of Appeals for the Federal Circuit's decision to overturn a lower court judgment of almost $24M in favor of Baxter remains intact. Reference Link
News For BAX;FMS From The Last 14 Days
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July 17, 2014
09:15 EDTBAXBaxter says 'feels good' about guidance
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08:56 EDTBAXBaxter: Guidance contemplates possible headwinds related to cyclo competition
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07:05 EDTBAXBaxter sees Q3 EPS before special items $1.28-$1.32, consensus $1.32
The company said, "For Q3, the company expects sales growth of approximately 12%-13%, excluding the impact of foreign currency. TheQ3 earnings guidance excludes approximately 7c per diluted share of projected intangible asset amortization expense."
07:04 EDTBAXBaxter narrows FY14 adjusted EPS view to $5.10-$5.20, consensus $5.15
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07:02 EDTBAXBaxter reports Q2 adjusted EPS $1.26, consensus $1.22
Reports Q2 revenue $4.26B, consensus $4.12B.
07:01 EDTBAXBaxter confirms FY14 outlook
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07:00 EDTFMSFresenius Medical shares should be bought, says Bernstein
Bernstein notes that Fresenius' (FMS) stock has sharply underperformed versus its competitor, DaVita (DVA), since May 2012. But the firm predicts that Fresenius' core U.S. business should outperform that of DaVita going forward. Bernstein adds that it finds Fresenius' business units aside from its U.S. dialysis clinics more attractive than DaVita's businesses other than its U.S. dialysis clinics.
July 16, 2014
15:27 EDTBAXNotable companies reporting before tomorrow's open
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