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Stock Market & Financial Investment News

News Breaks
February 14, 2013
17:56 EDTCVS, MDTRelational Investors reports decreased stakes in CVS Caremark, Medtronic
News For CVS;MDT From The Last 14 Days
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March 30, 2015
16:55 EDTMDTFDA expands use of CoreValve System
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10:59 EDTCVSUnitedHealth in 'ring' with largest competitors after deal, say Piper Jaffray
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09:04 EDTMDTMedtronic announces Japanese approval of CoreValue System
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March 25, 2015
16:37 EDTCVSSpecialists On Call names Hammad Shah as CEO
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16:05 EDTMDTMedtronic highlights data on patients undergoing laparoscopic colon resections
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11:45 EDTCVSLeerink healthcare tech/pharma analysts hold analyst/industry conference call
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March 18, 2015
05:39 EDTMDTSt. Jude Medical downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded St. Jude Medical (STJ) to Market Perform saying competitive pressures will drive 2015 market share losses in the company's cardiac rhythm management business, which represents 50% of total sales. Wells believes the launch of CardioMEMS will not be strong enough to offset the headwinds in CRM unit. The firm thinks Boston Scientific's (BSX) earlier than expected approval for its next generation subcutaneous implantable cardioverter-defibrillator called Emblem will drive share gains against St. Jude and Medtronic (MDT) in the single chamber ICD market. Wells cut its price target range for St. Jude shares to $69-$70 from $73-$74. The medical technology company closed yesterday down $2.01 to $65.45.
March 17, 2015
06:31 EDTCVSStudies find Gilead's hepatitis C drugs cost effective, Reuters says
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