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Stock Market & Financial Investment News

News Breaks
November 13, 2012
11:25 EDTMDT, EWCourt affirms Edwards patents infringed, says injunction should be reconsidered
Edwards Lifesciences (EW) sued defendants CoreValve, a unit of Medtronic (MDT), over patent infringement related to a prosthetic device called a “transcatheter heart valve.” A district court jury ruled Edwards' patent to be valid and infringed by CoreValve and awarded damages of $72.65M in lost profits and $1.28M as a reasonable royalty. The district court entered judgment on the verdict, but declined to enhance damages for the willful infringement. The lower court also declined to issue an injunction against future infringement. The United States Court of Appeals for the Federal Circuit affirmed the district court’s rulings, except the appeals court remanded for reconsideration the lower court’s denial of an injunction.
News For EW;MDT From The Last 14 Days
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January 27, 2015
08:42 EDTMDTMedtronic coverage resumed with a Buy at Goldman
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January 26, 2015
17:06 EDTMDTMedtronic completes acquisition of Covidien for $49.9B
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08:34 EDTEWEdwards Lifesciences should be bought on strong TAVR data, says Wells Fargo
Wells Fargo commends buying shares of Edwards Lifesciences after the firm viewed the most recent Transcatheter Valve Therapies registry update and estimated that the TAVR market may have grown 20% sequentially last quarter, versus its previous estimate of 1% sequential growth. The firm keeps an Outperform rating on Edwards.
07:17 EDTMDT, EWSociety of Thoracic Surgeons to hold annual meeting
51st Annual Meeting of STS is being held in San Diego, California on January 24-28.
07:08 EDTMDTMedtronic pending acquisition of Covidien approved by Irish High Court
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January 23, 2015
16:33 EDTMDTMedtronic reports 5.1% passive stake in Intersect ENT
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15:46 EDTMDTPiper Jaffray's medtech analysts hold an analyst/industry conference call
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08:36 EDTMDTMedtronic receives FDA approval for for the Medtronic Enterra II System
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January 21, 2015
18:06 EDTMDTS&P announces changes to the S&P 500, MidCap 400, SmallCap 600 indices
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