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Stock Market & Financial Investment News

News Breaks
June 30, 2014
07:43 EDTBDX, PODDInsulet enters settlement and license agreement with Becton Dickinson
Insulet disclosed in a regulatory filing Friday night that on June 23 the company entered into a settlement and license agreement with Becton, Dickinson and Company (BDX) to settle the pending patent infringement lawsuit brought by BD against the company. In exchange for a release of claims, covenant not to sue and license to the patents in suit from BD, the settlement agreement provides that the company will make a one-time payment of $5M to BD and give BD a license to a single company patent relating to an environmental seal for a fluid delivery device. In addition to the settlement payment, it is expected that the company’s legal and other expenses associated with the lawsuit will be up to approximately $2.0M in the second quarter. Following the company’s payment of the settlement payment, the parties will promptly move to dismiss the pending lawsuit by BD, Insulet noted.
News For PODD;BDX From The Last 14 Days
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November 26, 2014
10:11 EDTBDXOn The Fly: Analyst Upgrade Summary
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07:11 EDTBDXBecton Dickinson upgraded to Overweight from Neutral at JPMorgan
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November 25, 2014
08:01 EDTBDXBecton Dickinson raises quarterly dividend by 10% to 60c
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November 24, 2014
07:30 EDTPODDSterne Agee to hold a conference
4th Annual Philadelphia SMID Cap Conference is being held in Philadelphia on November 24.
November 20, 2014
09:07 EDTBDXBecton Dickinson, CareFusion announce expiration of HSR act waiting period
Becton, Dickinson (BDX) and CareFusion (CFN) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with BD's proposed acquisition of CareFusion expired on November 19. The expiration of the HSR Act waiting period satisfies a condition to the proposed acquisition. The proposed acquisition remains subject to certain other conditions and approvals.
November 13, 2014
11:27 EDTBDXRetractable Technologies relief motion granted in part, denied in part
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