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Stock Market & Financial Investment News

News Breaks
August 3, 2012
10:02 EDTNUVA, MDTNuVasive says patent appeal case to be delayed
Medical device maker NuVasive (NUVA) last night disclosed in a regulatory filing that its appeal of a federal court decision on its patent case against Medtronic (MDT) has been delayed. Specifically, a federal appeals court ruled that royalty rates must be determined by a lower court before NuVasive's appeal can proceed, NuVasive reported. The company expects the lower court to reach a decision in the near-term, and it anticipates that the appeal will subsequently move forward. In a note to investors earlier today, Piper Jaffray analyst Matt Miksic wrote that the lower court's final ruling could be a catalyst for NuVasive, as it will remove an overhang on the stock. In early trading, NuVasive added 0.97% to $19.82.
News For NUVA;MDT From The Last 14 Days
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May 22, 2013
07:48 EDTNUVA, MDTFDA 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
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
15:53 EDTNUVANuVasive removed from Best Ideas List at Barrington
Barrington removed NuVasive from its Best Ideas List due to recent outperformance but reiterates its Outperform rating.
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 17, 2013
10:07 EDTNUVAOn The Fly: Analyst Initiation Summary
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06:41 EDTNUVANuVasive initiated with a Buy at WallachBeth
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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 14, 2013
07:18 EDTNUVABofA/Merrill to host a conference
2013 Health Care Conference is being held in Las Vegas on May 14-16.
May 10, 2013
15:49 EDTMDTMedtronic defibrillators demonstrate success of shock avoidance
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