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Stock Market & Financial Investment News

News Breaks
January 17, 2013
06:44 EDTSYK, SNNFDA to crack down on metal hip implants, NY Times reports
The FDA is expected later today to announce a rule that, in many cases, could prevent manufacturers from selling artificial hips with all-metal components, according to The New York Times. The proposed rule would require makers of such devices to prove they are safe and effective before selling existing ones or obtaining approval to sell new ones, the newspaper reported. Companies currently only have to show that the devices they're selling are similar to existing products, the newspaper explained. Reference Link
News For SYK;SNN From The Last 14 Days
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November 21, 2014
09:27 EDTSNN, SYKRumors of Smith & Nephew bid from Stryker intensify, Daily Mail says
Shares of Smith & Nephew (SNN) rallied in U.K. trading amid "intensified" rumors that Stryker (SYK) will make a GBP 13B plus bid for its rival when its Takeover Panel restrictions are removed at month end, according to The Daily Mail's "This is Money." Reference Link
November 19, 2014
07:39 EDTSNNSWM to acquire assets from Smith & Nephew, terms not disclosed
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07:11 EDTSNNSanofi drawing up list of CEO candidates to repalce Viehbacher, Reuters reports
Sanofi's (SNY) board is in the process of drawing up a short list of CEO candidates to replace Chris Viehbacher, sources tell Reuters. Jean-Rene Fourtou, a Sanofi director and the honorary chairman of media group Vivendi (VIVHY), has been selected to lead the appointments and governance committee that will select the next CEO. Smith & Nephew (SNN) CEO Olivier Bohuon, AstraZeneca (AZN) CEO Pascal Soriot and former Wyeth CEO Bernard Poussot have been rumored to be potential contenders for the CEO position. Reference Link
November 18, 2014
15:04 EDTSNNSmith & Nephew management to meet with Jefferies
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November 10, 2014
11:58 EDTSNNSmith & Nephew hold capital markets day
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