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Stock Market & Financial Investment News

News Breaks
March 1, 2013
11:43 EDTISRG, NLY, NYCB, MMROptions with increasing implied volatility: ISRG MMR NLY NYCB
News For NYCB;ISRG;MMR;NLY From The Last 14 Days
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November 26, 2014
07:52 EDTISRGIntuitive Surgical could be hurt by FDA statement, says RBC Capital
After the FDA acknowledged that hysteroscopic morcellators do not pose the same degree of risk as laparoscopic powered morcellators, RBC Capital estimates that 6%-8% of Intuitive Surgical's total procedures would be exposed to a potential decline in laparoscopic powered morcellators in a worst-case scenario. However, the firm says the actual risk would be much lower for the company, as alternative robotic techniques can be used in some cases.
November 24, 2014
09:26 EDTISRGFDA updates warning on laparoscopic power morcellators to treat uterine fibroids
The FDA announced it is taking immediate steps to help reduce the risk of spreading unsuspected cancer in women being treated for uterine fibroids. In an updated safety communication, originally issued in April, the FDA warns against using laparoscopic power morcellators in the removal of the uterus or fibroids in the vast majority of women. In an Immediately in Effect guidance, the FDA is also recommending that manufacturers of laparoscopic power morcellators include in their product labeling specific safety statements in the form of a boxed warning and two contraindications. Johnson & Johnson (JNJ), the largest manufacturer of morcellators, stopped selling the gynecological surgical tool in April and in August told customers to return any devices in their inventory. Intuitive Surgical's (ISRG) da Vinci surgical system can be used with tissue morcellators in such surgical procedures.
November 12, 2014
17:01 EDTNLYAnnaly Capital acquires shopping center portfolio
Annaly Capital subsidiary Annaly Commercial Real Estate Group has closed the acquisition of a portfolio of grocery-anchored shopping centers. The portfolio consists of eleven properties totaling 1.48 million square feet. ACREG will own the portfolio in partnership with JADD Management, a commercial real estate company located in Rochester, NY.

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