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Stock Market & Financial Investment News

News Breaks
January 27, 2014
07:13 EDTCOVCorrection: Covidien shares should be bought on pullbacks, says RBC Capital
After Covidien reported better than expected Q1 results and the company reiterated its previous FY14 revenue guidance but slightly raised its tax rate guidance, RBC Capital has increased confidence in the company's operating margin outlook. The firm thinks the company looks well-positioned to return to double-digit EPS growth in F2H14. However, it keeps a Sector Perform rating on the shares. A previous article incorrectly stated that the firm had an Outperform rating on the stock.
News For COV From The Last 14 Days
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February 17, 2015
09:29 EDTCOVMedtronic says FY16 constant currency revenue may be up mid-single digit range
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09:27 EDTCOVMedtronic, Covidien targeting over $850M in cost synergies through FY18
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08:49 EDTCOVMedtronic sees being at high end of Q4 revenue growth range
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