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News Breaks
07:29 EDTVOLC
theflyonthewall.com: Volcano initiated with a Buy at Morgan Joseph
Morgan Joseph believes Volcano's growing body of clinical data provides a compelling value proposition for investors. Target $20. :theflyonthewall.com



News For VOLC From The Last 14 Days
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February 9, 2010
08:35 EDTVOLC
theflyonthewall.com: Volcano gets FDA clearance to market Eagle Eye Platinum digital IVUS catheter

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:theflyonthewall.com

February 5, 2010
08:08 EDTVOLC
theflyonthewall.com: Volcano announces litigation status
Volcano announced that the jury in the litigation filed by Lightlab Imaging, Inc. on January 7, 2009 in the Superior Court of Massachusetts, Suffolk County reached a verdict against Volcano and its wholly owned subsidiary, Axsun Technologies. The jury findings included that the contract specification for the laser Axsun supplies to Lightlab is a trade secret of Lightlab, that Axsun agreed not to sell any tunable lasers for use in cardiology imaging to any third party during the exclusivity period in the contract, and that Axsun breached its contract with Lightlab. The jury further found that Volcano intentionally interfered with Lightlab's advantageous business relationship with Axsun. The jury was not charged with determining damages, which, if any, would be established in a second jury trial. Volcano intends to appeal the jury verdict and is not in the position to estimate the possible loss attributable to this verdict. Volcano does not believe that this development will have a material impact on Volcano's OCT program or Axsun's business. :theflyonthewall.com

January 27, 2010
07:18 EDTVOLC
theflyonthewall.com: Volcano sees FY10 revenue $280M vs. consensus of $276.85M
:theflyonthewall.com