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Stock Market & Financial Investment News

News Breaks
May 29, 2014
07:59 EDTTRNX, WMGIStryker deal would be negative for Wright Medical, Tornier, says RBC Capital
RBC Capital believes that an acquisition of Smith & Nephew (SNN) by Stryker (SYK) would be a near-term negative for potential extremity take-out targets such as Wright Medical (WMGI) and Tornier (TRNX), as the list of potential acquirers would continue to shrink. The firm keeps Sector Perform ratings on Wright Medical and Tornier.
News For WMGI;TRNX From The Last 14 Days
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March 25, 2015
07:29 EDTWMGILeerink to hold booth tours
Leerink Booth Tours at AAOS 2015 will be held in Las Vegas on March 25-26.
March 24, 2015
11:10 EDTTRNX, WMGIWright Medical approval expected quarter later than guidance at Piper Jaffray
After polling industry contacts about the Wright Medical's (WMGI) Augment vendor issues, Piper Jaffray now expects Augment will be approved in mid-Q3, or a quarter later than management has guided. The firm still expects the Tornier (TRNX) deal to close even if the timing slips further. It keeps an Overweight rating on Wright with a $24 price target.

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