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Stock Market & Financial Investment News

News Breaks
November 19, 2012
13:40 EDTWLP, MOH, CI, STJ, AET, CNC, CVH, HNT, BSX, HUM, AGP, UNH, WCG, MDT, HSBattles over ObamaCare still loom, The Hill says
Medical device companies are trying to use the debate over tax reform to get ObamaCare's tax on medical devices repealed, and some Democrats support that initiative, according to The Hill. Meanwhile, some insurers believe the government may slow the implementation of rules limiting the amount that older people can be charged for insurance, the publication added. Reference Link
News For CI;WCG;HNT;MOH;UNH;CVH;WLP;AGP;CNC;HS;HUM;AET;MDT;BSX;STJ From The Last 14 Days
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May 20, 2013
16:31 EDTWLPWellpoint announces organizational realignment
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15:22 EDTMDTNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c.
11:12 EDTSTJSt. Jude Medical to evaluate defibrilator lead related to reported death
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09:47 EDTHUMHumana management to meet with JPMorgan
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09:41 EDTMDT, BSXSupreme Court agrees to hear Medtronic-Boston Scientific patent case
Reported by SCOTUSblog live blog of court orders and opinions.
07:42 EDTUNHCohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22.
07:11 EDTMDTMedtronic receives CE mark for 'export advance' aspiration catheter
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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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10:10 EDTHUMQuest Diagnostics Humana acquires Concentra's laboratory business
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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
17:36 EDTAETPaulson gives quarterly update on stakes
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06:19 EDTWLPThree WellPoint directors resign, Bloomberg reports
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May 14, 2013
19:35 EDTCICigna shares could climb 20%, Barron's says
Cigna, which is up more than 50% in the past 12 months, may climb another 20% if it trades closer to 12 times earnings, which it has done in the past, says Barron's Weekday Trader. The report cites Don Wordell, manager of the RidgeWorth Mid-Cap Value Equity fund, who says Cigna's story gets better and better as the company shores up its balance sheet with smart acquisitions and the divestiture of non-core businesses. Reference Link
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.
12:00 EDTAETAetna forms strategic alliance with Tawuniya
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