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Stock Market & Financial Investment News

News Breaks
January 9, 2014
08:45 EDTNUVANuVasive should report strong Q4 results, says Needham
Needham expects NuVasive to report very good Q4 results, but the firm thinks that most investors also expect the company to report strong results. Needham thinks it is becoming more difficult for the company to beat expectations, but it still expects estimates for the company to rise, and it keeps a Buy rating on the stock.
News For NUVA From The Last 14 Days
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July 28, 2015
16:31 EDTNUVANuVasive reaches definitive agreement with U.S. DOJ
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16:20 EDTNUVANuVasive raises 2015 EPS outlook to $1.17 from $1.10, consensus $1.12
Sees 2015 revenue $810M, consensus $812.22M.
16:19 EDTNUVANuVasive reports Q2 EPS 31c, consensus 25c
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16:18 EDTNUVANuVasive enters $13.5M settlement of Justice Department
NuVasive announced that it has reached a definitive settlement with the U.S. Department of Justice related to the subpoena issued to the company by the Office of Inspector General of the Department of Health and Human Services in 2013. NuVasive admits no wrongdoing as part of the settlement. On April 29, the company announced that it had reached an agreement in principle to settle the investigation with the DOJ. The company has now entered into a definitive settlement agreement with the United States, acting through DOJ and on behalf of OIG, the Defense Health Agency, the Office of Personnel Management, and the U.S. Department of Veteran Affairs. Under the terms of the settlement agreement, the company will pay $13.5M, plus fees and accrued interest. The settlement is neither an admission of liability or wrongdoing by the company nor a concession by the United States that its claims are not well founded. The company was not required to enter into a corporate integrity agreement by the OIG as part of the settlement.
15:21 EDTNUVANotable companies reporting after market close
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