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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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February 27, 2015
09:02 EDTMDTMedtronic announces Irish High Court approval of share premium reduction
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February 24, 2015
13:02 EDTMDTMedtronic confirms FDA approval of VenaSeal closure system
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February 23, 2015
08:40 EDTMDTMedtronic acquires Advanced Uro-Solutions, terms not disclosed
Medtronic announced that it has acquired Advanced Uro-Solutions, a privately-held developer of neurostimulation products for the treatment of bladder control issues based in Elizabethton, Tennessee. Terms of the acquisition agreement, which closed in December 2014, were not disclosed.
February 20, 2015
12:19 EDTMDTFDA approves closure system to permanently treat varicose veins
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February 19, 2015
16:15 EDTMDTMedtronic SANTE trial data show sustained safety, improvements in QOLIE-31
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February 17, 2015
09:29 EDTMDTMedtronic says FY16 constant currency revenue may be up mid-single digit range
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09:27 EDTMDTMedtronic, Covidien targeting over $850M in cost synergies through FY18
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08:49 EDTMDTMedtronic sees being at high end of Q4 revenue growth range
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07:19 EDTMDTMedtronic sees Q4 revenue up 4%-6%
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07:18 EDTMDTMedtronic reports Q3 EPS $1.01, consensus 97c
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February 16, 2015
13:59 EDTMDTMedtronic receives expanded indications of the Vertex Reconstruction System
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12:30 EDTMDTMedtronic announces CE mark, European launch of the Euphora catheter
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