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Stock Market & Financial Investment News

News Breaks
January 7, 2014
07:43 EDTSTJSt. Jude Medical upgraded at RBC Capital
As noted earlier, RBC Capital upgraded St. Jude Medical to Sector Perform from Underperform. After conducting a survey, the firm does not expect concerns about the durability of the company's Durata lead to significantly impact the company's results in 2014. Target to $64 from $44.
News For STJ From The Last 14 Days
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January 26, 2015
07:17 EDTSTJSociety of Thoracic Surgeons to hold annual meeting
51st Annual Meeting of STS is being held in San Diego, California on January 24-28.
January 14, 2015
09:03 EDTSTJSt. Jude Medical sees Q4 adjusted EPS within $1.02-$1.04 guidance range
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09:02 EDTSTJSt. Jude Medical sees Q4 net sales approximately $1.439B, consensus $1.44B
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09:01 EDTSTJSt. Jude Medical authorizes $500M share repurchase program
The company announced that its board of directors has authorized the repurchase of up to $500M of St. Jude Medical common stock. The repurchases will occur at such times and at such prices as the management of the company determines and may be effected through transactions in the open market, in privately negotiated transactions or otherwise. Any shares acquired in the $500M repurchase program will be available for general corporate purposes, including offsetting dilution associated with stock option and other equity-based employee benefit plans. The company had approximately 287 million shares of common stock outstanding as of Jan. 13, 2015.
January 12, 2015
07:17 EDTSTJJPMorgan to hold a conference
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