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Stock Market & Financial Investment News

News Breaks
March 12, 2013
08:44 EDTSYKStryker receives FDA warning letter regarding inspection of Portage, MI location
Stryker announced that its Instruments division has received a warning letter from the FDA related to observations made during a November 2012 inspection at its Portage, Michigan location. The letter concerns quality system observations made during the inspection and cites Stryker for failing to notify the FDA of a product recall, and for marketing devices, including the Neptune Waste Management System, without a required 510k clearance. The letter acknowledged that Stryker Instruments has already submitted corrective action plans for the quality system and recall observations. The company is fully cooperating with the FDA to resolve these matters in a comprehensive and timely manner.
News For SYK From The Last 14 Days
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November 21, 2014
09:27 EDTSYKRumors 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

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