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Stock Market & Financial Investment News

News Breaks
January 16, 2013
09:22 EDTSTJSt. Jude Medical warning letter not clearing event, says Citigroup
Citigroup believes the next FDA action regarding St. Jude Medical's Sylmar is likely to be a threat of injunction that normally leads to a consent decree. Further, Citi believes the FDA will ultimately have to make a determination on the safety of Durata, with the firm still believing a recall is likely. Citi says the FDA's Sylmar Warning Letter is not a clearing event, but the next step in a process that looks ominous for St. Jude. The firm keeps a Sell rating on the stock with a $32 price target.
News For STJ From The Last 14 Days
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May 16, 2013
08:05 EDTSTJSt. Jude Medical's 3-D vessel reconstruction system approved in Europe
St. Jude Medical announced CE Mark approval of its Ilumien Optis PCI Optimization System, a new technology designed to provide physicians with a comprehensive disease assessment tool for treating patients with coronary artery disease. St. Jude Medical is the only company to provide these tools together in an integrated platform.
May 14, 2013
08:09 EDTSTJSt. Jude Medical announces first patient enrolled in EnligHTN III study
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May 9, 2013
14:01 EDTSTJSt. Jude says analysis demonstrates safety, reliability of Optim-insulated leads
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09:27 EDTSTJLeerink's medical devices analyst holds a conference call
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May 8, 2013
08:09 EDTSTJSt. Jude Medical announces CE Mark approval of ICDs, CRT-Ds
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