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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.
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July 24, 2014
08:19 EDTSYKLeerink medical devices analyst holds an analyst/industry conference call
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July 23, 2014
13:36 EDTSYKIntuitive Surgical rises after Q2 EPS, revenue beat expectations
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July 22, 2014
08:36 EDTSYKStryker appoints CEO Kevin Lobo as chairman
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July 18, 2014
09:00 EDTSYKStryker price target raised to $92 from $87 at RW Baird
Baird raised its price target on Stryker to $92 from $87 citing valuation, organic sales growth, and solid risk/reward. The firm has an Outperform rating on the stock.
July 17, 2014
16:09 EDTSYKStryker sees Q3 adjusted EPS $1.12-$1.16 , consensus $1.16
"If foreign currency exchange rates hold near current levels, we do not expect the impact on third quarter or full year net sales to be significant," the company said.
16:08 EDTSYKStryker sees FY14 adjusted EPS $4.75-$4.80, consensus $4.80
Now projecting full year organic sales growth to be in the range of 5.0%-6.0%, consensus $9.61B.
16:07 EDTSYKStryker reports Q2 adjusted EPS $1.08, consensus $1.08
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15:26 EDTSYKNotable companies reporting after market close
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