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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.
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