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Stock Market & Financial Investment News

News Breaks
November 13, 2012
16:41 EDTEW, MDTAppeals ruling a significant legal victory for Edwards, says Wells Fargo
Wells Fargo said it views today's appeals court ruling as a significant legal victory for Edwards Lifesciences (EW), noting it's the third favorable court ruling for Edwards in its litigation with Medtronic's (MDT) CoreValve. Wells estimates the upside to Edwards Lifesciences from the litigation could be about $486M after tax, or $4.11 per share. The firm continues to expect both companies to negotiate a settlement which would allow Medtronic to enter the U.S. market once CoreValve receives approval towards the end of 2014. Wells Fargo has an Outperform rating on Edwards Lifesciences.
News For EW;MDT From The Last 14 Days
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July 22, 2014
07:57 EDTEWHouse Energy & Commerce Committee to hold a hearing
The Subcommittee on Health holds a hearing entitled, "21st Century Cures: Examining Barriers to Ongoing Evidence Development and Communication" with CEO Mussallem at Edwards Lifesciences on July 22 at 3 pm. Webcast Link
July 21, 2014
08:16 EDTMDTDeutsche Bank analysts hold an analyst/industry conference call
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July 18, 2014
12:51 EDTMDTKey GOP senator signals readiness for inversion deal, The Hill says
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July 16, 2014
10:36 EDTMDTTreasury calls on Congress to halt inversion deals
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07:59 EDTMDTTreasury Secretary urges Congress to take action on tax inversions
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07:18 EDTMDTScoliosis Research Society to hold annual meeting
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July 14, 2014
07:12 EDTMDTCovidien downgraded to Neutral from Overweight at Piper Jaffray
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July 10, 2014
08:02 EDTMDTCryoLife appoints Pat Mackin as President and CEO effective September 2
Mackin is expected to be appointed to the company's board after his employment begins. Steven Anderson will continue to serve CryoLife (CRY) as its President and Chief Executive Officer until Mackin's employment begins and then continue as its Executive Chairman. Mackin joins CryoLife from Medtronic (MDT), where he most recently served as President of Cardiac Rhythm Disease Management.

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