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Stock Market & Financial Investment News

News Breaks
January 26, 2013
15:47 EDTSYK, MDT, GE, AET, CRDCMedical device makers offsetting health tax with surcharges, WSJ says
Some medical device makers, facing a new 2.3% on device sales, are adding surcharges or price increases to offset the new tax that went int effect January 1, says the Wall Street Journal, adding that insurers too have attributed premium increases to the health law. Aetna (AET) CEO Mark Bertolini said in December that premiums for a subset of small business customers could "go up as much as 100 percent." Reference Link
News For MDT;CRDC;GE;SYK;AET From The Last 14 Days
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April 10, 2014
09:03 EDTGEGE to provide grid modernization solutions to Furnas
GEís Digital Energy business is providing Furnas and Triangulo Mineiro Transmissora/Geoenergia with the latest in protection and control equipment to ensure performance and quality for each of the utilityís grid modernization projects. Furnas is one of the biggest utilities in Latin America and is responsible for power transmission in south, southeast and mid west Brazil. These projects, which support the modernization of Brazilís grid, mark GEís entry into Brazilís ANEEL transmission auctions. The auctions were won in December 2013 by TMT, a collaborative utility composed of Furnas and FIP Milao, with Furnas being the largest participant at 49%.
April 9, 2014
09:10 EDTGEWal-Mart to purcahse energy-efficient LED ceiling lighting fixtures from GE
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April 8, 2014
10:18 EDTAETCMS says Medicare Advantage reimbursement to rise in 2015
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09:23 EDTAETLeerink views final rates as favorable for MA plans
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09:07 EDTGEGE Healthcare receives FDA clearance of its Q.Clear technology
GE Healthcare, a unit of General Electric, announced that it received U.S. FDA 510 clearance of its Q.Clear technology -- technology that can provide up to two times improvement in both quantitative accuracy and image quality in PET/CT imaging. This is an innovative new tool for clinicians across the entire care continuum including diagnosis, staging, treatment planning, and treatment assessment.
08:03 EDTGEGE unit provides $50M loan for Illinois power plant
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07:26 EDTMDTElsevier Business Intelligence to hold a conference
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07:24 EDTGEPR News to hold a conference
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April 7, 2014
19:13 EDTAETCMS issues 2015 rate announcement for Medicare Advantage and Part D programs
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07:58 EDTMDTMedtronic data positive for C.R. Bard, says Barclays
Barclays said Medtronic's (MDT) better than expected drug coated balloon data could have a positive class effect that benefits C.R. Bard (BCR). The firm reiterates its Overweight rating C.R. Bard and raised its price target to $165 from $160. Note that BofA/Merrill downgraded C.R. Bard to Neutral from Buy following the Medtronic's news.
07:39 EDTGEBloomberg to hold a summit
The Future of Energy Summit 2014 is being held in New York on April 7-9.
07:38 EDTMDTMedtronic data should lead to approval of drug-coated balloon, says Wells Fargo
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April 4, 2014
08:02 EDTGESam's Club extends contract for branded credit card program with GE Capital
Samís Club, a division of Wal-Mart Stores (WMT), has finalized a multi-year agreement with GE Capital Retail Bank (GE) to extend their existing relationship to provide Samís Club-branded credit cards to club members in the U.S. and Puerto Rico. As part of the extension, GE Capitalís Retail Finance business will continue to manage and service the credit card programs for Samís Club Savings, Business and Plus members. Under the agreement, the Samís Club co-branded credit card programs will be converted to MasterCard (MA) later this year. Walmart has also extended their relationship with GE Capital Retail Bank and branded cards will transition to MasterCard later this year.
April 3, 2014
09:30 EDTGEApple, Pfizer others create 'go slow' patent lobby group, Reuters says
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05:29 EDTSYKBiomet reports Q3 adjusted net income $107.3M vs. $94.9M last year
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April 2, 2014
09:36 EDTMDTMedtronic has a conference call hosted by JPMorgan
JPMorgan Analyst Weinstein will host a conference call with CEO Omar Ishrak on April 3 at 10 am.
08:40 EDTSYKPiper Jaffray to hold booth tours
Booth Tours at SAGES Annual Meeting will be held in Salt Lake City, Utah on April 2-3.
08:32 EDTGEGE gas engine technology to be used by integrated gasified biomass power plant
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08:31 EDTSYKSociety of American Gastrointestinal & Endoscopic Surgeons holds annual meeting
2014 Annual Meeting of SAGES is being held in Salt Lake City, Utah on April 2-5.
07:45 EDTGEGE Healthcare to acquire CHCA Computer Systems, terms not disclosed
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