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Stock Market & Financial Investment News

News Breaks
June 30, 2014
08:11 EDTSYKStryker to acquire assets of Small Bone Innovations for up to $375M cash
Stryker announced a definitive agreement to acquire assets of Small Bone Innovations in an all cash transaction for up to $375M. The net cost to Stryker after taking into account the present value of the tax benefits as a result of the asset purchase structure will be up to $285M. Upon closing, the transaction is expected to be 2c dilutive to Stryker's FY14 EPS excluding acquisition, integration-related and intangible amortization charges. The transaction is expected to close in Q3.
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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