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Stock Market & Financial Investment News

News Breaks
January 26, 2013
15:47 EDTGE, AET, CRDC, SYK, MDTMedical 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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May 20, 2015
09:34 EDTMDTMedtronic announces new data for drug-coated balloon
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07:42 EDTAETAetna removed from US Focus List at Credit Suisse
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07:16 EDTMDTLeerink to hold a booth tour at EuroPCR
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07:14 EDTGEElectric Products Group to hold a conference
EPG 2015 is being held in Longboat Key, Florida on May 18-20 with webcasted company presentations to begin on May 20 at 7:30 am; not all company presentations may be webcasted. Webcast Link
06:17 EDTGEGeneral Electric looking to sell Australia commercial lending unit, WSJ reports
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06:08 EDTGEStocks with implied volatility below IV index mean; DD GE
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May 19, 2015
18:54 EDTGEGE to lose $350M locomotives deal if Export-Import Bank fails, Reuters says
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18:01 EDTGEAflac names Matthew Owenby as Chief Human Resources Officer
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12:04 EDTAETAnthem CFO says 'good time' for 'meaningful' acquisition, Reuters reports
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08:40 EDTMDTMedtronic sees FY15 revenue $20.3B, may not compare to consensus $28.15B
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08:40 EDTMDTMedtronic sees Q4 adjusted EPS at upper half of $1.08-1.13, consensus $1.10
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08:04 EDTGEGE announces launch of Digital Wind Farm
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06:01 EDTGEStocks with implied volatility below IV index mean; MSFT GE
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May 18, 2015
16:14 EDTGEColfax announces acquisition of Roots blowers & compressors
Colfax Corporation (CFX) announced that it has entered into a binding agreement to acquire the Roots blowers and compressors business unit , also known as Industrial Air & Gas Technologies, from GE (GE) Oil & Gas for a cash consideration of $185M. Roots is a leading supplier of blower and compressor technologies which service a broad range of end markets, including water treatment, chemical production, and power generation. This acquisition will build on Howden's global strength in compressors and blowers and will add important application expertise and product solutions to the portfolio. In 2014, Roots had approximate revenues of $155 million and EBITDA of $22M. In making the announcement, Steve Simms, President and Chief Executive Officer of Colfax, stated, "I am delighted to welcome the Roots team to Colfax. We are excited by the opportunities created by combining the Roots capabilities and application expertise with Howden's global footprint and continuous improvement culture. Like Howden, the Roots business has spent more than 150 years developing market leading products and solutions, and we look forward to continuing to innovate and grow." Mr. Simms continued, "Strengthening our businesses through bolt-on acquisitions is a core part of our strategy, and we continue to see a robust pipeline of opportunities."Closing of the acquisition is expected early in the third quarter following the fulfillment of certain conditions.
09:36 EDTGEActive equity options trading on open
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09:33 EDTAETAetna repeats FY15 operating EPS view $7.20-$7.40, consensus $7.38
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09:27 EDTMDTMedtronic announces study results showing CRT system optimizes treatment
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08:07 EDTGESplunk appoints Snehal Antani as Chief Technology Officer
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06:56 EDTGEGE, Emerson said to be mulling bids for Aveva, Sunday Times reports
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06:05 EDTGEStocks with implied volatility below IV index mean; MSFT GE
Stocks with implied volatility below IV index mean; Microsoft (MSFT) 17, General Electric (GE) 15 according to iVolatility.
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