New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 1, 2013
08:02 EDTSYKStryker announces $250M accelerated share repurchase program
Stryker Corporation announced it has entered into an Accelerated Share Repurchase agreement with JPMorgan Chase Bank, NA to repurchase an aggregate of $250M of the Company's common stock. The ASR is part of the Company's existing share repurchase authorization that was increased by the Board of Directors to $1.0B in December 2012. Under the ASR agreement, Stryker will receive approximately 3.6M shares at the inception of the ASR. The total number of shares ultimately repurchased under the agreement will be determined upon the final settlement, using prices based generally on the average of the daily volume-weighted average price of the Company's common stock over a period of time expected to end in the first half of 2013. The ASR will be funded through existing cash on hand. The ASR will reduce the Company's existing share repurchase authorization to approximately $750M at the final settlement of the agreement.
News For SYK From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
April 21, 2015
16:43 EDTSYKStryker sees FY15 constant currency sales growth of 6%-7%, consensus $9.95B
Subscribe for More Information
16:41 EDTSYKStryker sees Q2 adjusted EPS $1.15-$1.20, consensus $1.17
If foreign currency exchange rates hold near current levels, we expect sales in the second quarter to be negatively impacted by approximately 3.5% to 4.5%, consensus $2.42B.
16:05 EDTSYKStryker revises FY15 adjusted EPS view to $4.95-$5.10 from $4.90-$5.10
Subscribe for More Information
16:03 EDTSYKStryker reports Q1 adjusted EPS $1.11, consensus $1.08
Subscribe for More Information
15:28 EDTSYKNotable companies reporting after market close
Subscribe for More Information
April 14, 2015
14:48 EDTSYKZimmer, Stryker have mixed read through from J&J results, says Wells Fargo
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