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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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July 23, 2015
16:12 EDTSYKStryker sees FY15 constant currency sales growth 6.5%-7.5%, consensus $9.93B
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16:12 EDTSYKStryker sees Q3 adjusted EPS $1.20-$1.25, consensus $1.20
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16:10 EDTSYKStryker raises FY15 adjusted EPS view to $5.06-$5.12 from $4.95-$5.10
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16:08 EDTSYKStryker reports Q2 adjusted EPS $1.20, consensus $1.17
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15:04 EDTSYKNotable companies reporting after market close
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July 22, 2015
16:22 EDTSYKSynergetics completes early renewal of Stryker supply agreement
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July 20, 2015
08:04 EDTSYKStryker announces definitive agreement tyo acquire Muka Metal
Stryker announced a definitive agreement to acquire Muka Metal, A.S. in an all cash transaction. Muka, headquartered in Kayseri, Turkey, sells hospital beds, stretchers and related patient room furniture and accessories that serve markets across Turkey and other regions globally. Upon closing, the transaction is expected to be neutral to Stryker's FY15 EPS excluding acquisition, integration-related and intangible amortization charges and accretive thereafter. The transaction is expected to close in Q3.

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