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Stock Market & Financial Investment News

News Breaks
March 13, 2013
13:01 EDTSYKVertiFlex announces sale of spinal implant technologies to Stryker
VertiFlex, a privately held medical device company, announced the sale of certain assets to Stryker Corporationís Spine Division relating to spinal implants that are not core to the ongoing strategic operations of VertiFlex. The scale and scope of the deal are not disclosed, however, the transaction provides VertiFlex with significant non-dilutive funding to further advance its platform for minimally invasive treatment of spinal stenosis, the company said. VertiFlex said the agreement with Stryker includes up-front cash, contingent payments as well as a long-term licensing agreement.
News For SYK From The Last 14 Days
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October 23, 2014
12:10 EDTSYKMOKO Social Media acquires 80% stake in Tagroom.com
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October 20, 2014
07:12 EDTSYKCongress of Neurological Surgeons to hold annual meeting
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October 17, 2014
07:45 EDTSYKStryker price target lowered to $84 from $88 at Canaccord
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October 16, 2014
16:04 EDTSYKStryker sees FY14 adjusted EPS at low end of $4.75-$4.80 guidance
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16:02 EDTSYKStryker reports Q3 adjusted EPS $1.15, consensus $1.14
Reports Q3 revenue $2.39B, consensus $2.32B.
15:26 EDTSYKNotable companies reporting after market close
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October 14, 2014
12:33 EDTSYKZimmer, Stryker have postive read-through from J&J, says Wells Fargo
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11:11 EDTSYKJohnson & Johnson Ortho strength positive for Zimmer, says Piper Jaffray
Piper Jaffray said Johnson & Johnson's (JNJ) sequential Q3 strength in orthopedics, which included acceleration in both hips and knees, was surprising and a positive for Zimmer (ZMH). However, Piper expect sentiments on ortho names to remain muted until further into reporting season, noting that Stryker (SYK) is scheduled to report Thursday after the close. The firm has Neutral rating on Johnson & Johnson and Stryker and an Overweight rating on Zimmer.
October 10, 2014
07:16 EDTSYKAmerican Society of Plastic Surgeons to hold annual meeting
Annual Meeting of ASPS is being held in Chicago on October 10-14.

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