New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 7, 2013
08:15 EDTMRMindray Medical announce statement on Masimo lawsuit
"On December 21, 2012, Masimo Corporation brought an action in the United States District Court for the Central District of California against Mindray DS USA Inc. and Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Masimo alleges that Mindray DS USA, Inc.'s U.S. Beneview pulse oximeters and sensors infringe its nine asserted patents relating to pulse oximeters and sensors, and that Shenzhen Mindray Bio-Medical Electronics Co., Ltd breached its Purchase and License Agreement dated November 13, 2002, as amended, by failing to use best efforts to promote adoption of Masimo's oximeter technology. In addition to monetary damages, Masimo is seeking injunctive relief preventing further sale of Beneview products incorporating Mindray oximetry boards in the United States. Mindray intends to vigorously defend the actions."
News For MR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 11, 2015
17:07 EDTMRMindray Medical sees FY15 adj. net income decreasing by high-teens percentage
Previous guidance for full year 2015 non-GAAP net income is being revised to reflect the impact of the newly announced employee incentive and talent retention program, as well as pricing pressure as a result of rising competition. Assuming the related 2015 payments are distributed half in equity based compensation and half in cash, Mindray forecasts its full year 2015 non-GAAP net income to decrease by a high-teens percentage over its full year 2014 non-GAAP net income. Please note, however, that this assumption is subject to change and the exact impact on the guidance will depend on the actual split between equity based compensation and cash payments. The company will provide more updates as additional details of the program are finalized. The non-GAAP net income guidance also excludes our tax benefits related to the nationwide key software enterprise status and assumes a corporate income tax rate of 15% applicable to the Shenzhen subsidiary. FY15 EPS consensus is $1.72.
17:05 EDTMRMindray Medical backs FY15 revenue growth of mid-single digits, consensus $1.43B
Subscribe for More Information
17:04 EDTMRMindray Medical reports Q1 adjusted EPS 33c, consensus 36c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use