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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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May 23, 2013
05:40 EDTMDTMedtronic CoreValue system gains CE mark for transcatheter VIV procedures
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05:38 EDTMDTMedtronic's In.Pact Falcon yields positive outcomes in small coronary arteries
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May 22, 2013
07:48 EDTMDTFDA Orthopaedic and Rehabilitation Devices Panel to hold a meeting
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May 21, 2013
13:02 EDTMDTMedtronic announces CE Mark for CapSureFix Novus
Medtronic announced CE Mark and launch of its CapSureFix Novus 5076 Lead, which is now approved in the EU for use in an MRI environment when paired with a Medtronic MR-Conditional pacemaker. The lead has not been approved for that use in the U.S.
11:38 EDTMDTHigh option volume stocks: KOS MWE HGG SOL MDT
10:46 EDTEWEdwards Lifesciences announces positive outcomes from study of SAPIEN XT
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09:25 EDTMDTOn The Fly: Pre-market Movers
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07:19 EDTMDTMedtronic sees FY14 EPS $3.80-$3.85, consensus $3.84
Sees FY14 revenue growth up 3%-4% on a constant currency basis.
07:17 EDTMDTMedtronic reports Q4 EPS $1.10, consensus $1.03
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05:54 EDTMDTMedtronic announces primary results from Global Symplicity Registry
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05:51 EDTMDTMedtronic CoreValue ADVANCE study shows low mortality rates
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May 20, 2013
15:22 EDTMDTNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c.
09:41 EDTMDTSupreme Court agrees to hear Medtronic-Boston Scientific patent case
Reported by SCOTUSblog live blog of court orders and opinions.
07:11 EDTMDTMedtronic receives CE mark for 'export advance' aspiration catheter
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May 16, 2013
13:32 EDTMDTMedtronic volatility flat into Q4 and outlook
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10:03 EDTMDTOn The Fly: Analyst Downgrade Summary
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06:32 EDTMDTMedtronic downgraded to Neutral from Outperform at Credit Suisse
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May 15, 2013
07:17 EDTEWEdwards Lifesciences share repurchases positive, says Wells Fargo
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May 14, 2013
09:27 EDTEWEdwards Lifesciences CEO to purchase $5M of company stock
The company announced that Michael A. Mussallem, Edwards' chairman and CEO, will make a $5M cash purchase of newly issued shares of Edwards common stock.
09:26 EDTEWEdwards Lifesciences announces new $750M share repurchase program
Edwards Lifesciences announced that its board has authorized a new share repurchase program to acquire up to an additional $750M of the company's outstanding common shares. As of March 31, Edwards had approximately $140M remaining of its current $500M share repurchase program, which was authorized in September 2011. Edwards expects to utilize the remainder of the $500M repurchase authorization during Q2.
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