New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 6, 2014
07:49 EDTSNNSmith & Nephew reports Q4 EPS 23.4c vs. 21.4c a year ago
Reports Q4 revenue $1.18B, consensus $1.16B.
News For SNN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 4, 2015
08:52 EDTSNNStryker share buyback lowers chance of bid for Smith & Nephew, says Bernstein
Subscribe for More Information
March 3, 2015
12:30 EDTSNNSmith & Nephew acquires Colombia distributor EuroCiencia
Subscribe for More Information
09:57 EDTSNNSmith & Nephew drops after Stryker announces buyback plan
Shares of Smith & Nephew (SNN) are moving lower after Stryker (SYK) announced this morning that its board approved a new $2B share repurchase program. "We remain committed to pursuing a capital allocation strategy that includes acquisitions, dividends and share repurchases," said Stryker CEO Kevin Lobo. He added, "While M&A activity across the breadth of our product and service offerings will remain the primary focus of our long-term growth strategy, this new authorization recognizes that the strength of our balance sheet is sufficient to enable more significant share repurchases." The news has Smith & Nephew, viewed as a potential takeover target for Stryker, trading off 5% in early trading to $34.96.
February 27, 2015
12:50 EDTSNNSmith & Nephew, Stryker seen as potential headliners of 2015 M&A, TheDeal says
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 theflyonthewall.com disclaimer & terms of use