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Stock Market & Financial Investment News

News Breaks
September 26, 2012
06:54 EDTZMH, SYK, JNJKnee replacement surgeries double in U.S., Bloomberg reports
In the U.S., knee replacement surgeries have more than doubled over the past 20 years as older Americans stay active later in life, according to research released in the Journal of the American Medical Association., reports Bloomberg. Total knee replacement procedures surged 162% from 1991 to 2010 while the number of procedures to repair a previously implanted artificial knee joint, called revision, increased jumped 106%. About 600,000 total knee replacement procedures are performed each year in the U.S. costing about $9B annually, the research says. About 60% are paid for by Medicare. The study suggests the success of the surgery may need to be weighed against the increasing costs. Reference Link
News For ZMH;SYK;JNJ From The Last 14 Days
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May 17, 2013
10:07 EDTZMH, SYKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Buy at SunTrust... Aruba Networks (ARUN) downgraded to Perform from Outperform at Oppenheimer... CAE (CAE) downgraded to Sector Perform from Outperform at RBC Capital... City Holding (CHCO) downgraded to Market Perform from Outperform at Keefe Bruyette... Deere (DE) downgraded to Sell from Neutral at Goldman... Disney (DIS) downgraded to Neutral from Overweight at Atlantic Equities... HSBC (HBC) downgraded to Neutral from Outperform at Exane BNP Paribas... L Brands (LTD) downgraded to Underperform from Hold at Jefferies... Manning & Napier (MN) downgraded to Underperform from Neutral at BofA/Merrill... MeadWestvaco (MWV) downgraded to Underperform from Sector Perform at RBC Capital... National Grid (NGG) downgraded to Neutral from Outperform at Exane BNP Paribas... Savient (SVNT) downgraded to Market Perform from Outperform at William Blair... Stryker (SYK) downgraded to Reduce from Neutral at SunTrust... TRW Automotive (TRW) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded to Neutral from Positive at Susquehanna... Williams-Sonoma (WSM) downgraded to Neutral from Buy at BofA/Merrill... Zimmer (ZMH) downgraded to Reduce from Neutral at SunTrust... Aviva (AV) downgraded to Underperform from Sector Perform at RBC Capital... Pandora (P) downgraded to Hold from Buy at Maxim... Lumos Networks (LMOS) downgraded to Neutral from Buy at DA Davidson... Brocade (BRCD) downgraded to Underperform from Market Perform at William Blair... Applied Materials (AMAT) downgraded to Neutral from Buy at DA Davidson... Cosi (COSI) downgraded to Market Perform from Outperform at Northland Securities.
06:37 EDTZMHZimmer downgraded to Reduce from Neutral at SunTrust
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06:22 EDTSYKStryker downgraded to Reduce from Neutral at SunTrust
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06:19 EDTJNJJ&J to end sales of of metal-on-metal hip replacements, Bloomberg reports
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May 15, 2013
16:51 EDTJNJFDA approves Simponi to treat ulcerative colitis
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May 10, 2013
11:48 EDTJNJDrugmakers to face pressure on U.S. prices, Reuters says
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06:16 EDTJNJObesity surgery booming in India, Bloomberg reports
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May 9, 2013
17:09 EDTJNJJohnson & Johnson deal to settle sales practices probe stalls, WSJ reports
Johnson & Johnson's $2.2B settlement with the Justice Department related to its promotion of certain drugs is on hold as the company is looking to avoid language in the agreement that could make it vulnerable to private lawsuits, reports The Wall Street Journal, citing people familiar with the talks. Reference Link
09:51 EDTJNJJ&J unit says first patient enrolled in reMARQable study
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May 8, 2013
07:38 EDTSYK, JNJBofA/Merrill's medical tech analyst hold an analyst/industry conference call
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May 6, 2013
11:29 EDTJNJJ&J cosmetics license revoked at Mumbai plant, Reuters says
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07:24 EDTJNJDrug companies attempt to make painkillers that can't be abused, WSJ reports
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07:18 EDTSYKAmerican Congress of Obstetrics and Gynecology to hold annual meeting
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