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Stock Market & Financial Investment News

News Breaks
December 28, 2012
11:38 EDTZMHZimmer recalls all 315 units of PEEK Ardis Inserter, FDA says
The FDA posted on its website that Zimmer issued a December 21 recall of its PEEK Ardis Inserter. Zimmer Spine has received reports of the PEEK Ardis Interbody Spacer breaking into fragments when too much lateral force is applied to the Ardis Inserter, the FDA said. If the PEEK Ardis Interbody Spacer breaks during implantation, surgical delays of up to 60 minutes could occur and health risks may include a tear in the thin covering of the spinal cord, cerebrospinal fluid leakage, significant blood loss and nerve injury, the agency added. On Dec. 20, Zimmer Spine modified their Medical Device Correction memo and initiated a voluntary recall of all 315 units of the PEEK Ardis Inserter.
News For ZMH From The Last 14 Days
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June 30, 2015
16:56 EDTZMHKKR 2006 Fund reports 14.8% stake in Zimmer
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16:39 EDTZMHLVB Acquisition Holding reports 14.8% stake in Zimmer
June 25, 2015
10:00 EDTZMHOn The Fly: Analyst Downgrade Summary
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05:32 EDTZMHZimmer downgraded to Hold from Buy at Brean Capital
Brean Capital downgraded Zimmer to Hold saying uncertainty over 2016 earnings potential following the Biomet acquisition is likely to linger for several quarters. Brean sees little room for multiple expansion pending greater clarity.
June 24, 2015
13:14 EDTZMHZimmer trading resumes, shares up 96c to $113.66
13:11 EDTZMHZimmer Biomet sees 2015 constant currency revenue growth 1.5%-2.0%
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13:09 EDTZMHZimmer announces completion of Biomet acquisition
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13:00 EDTZMHZimmer trading halted, pending news
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11:54 EDTZMHSmith & Nephew to acquire Zimmer Unicondylar Knee system in U.S. market
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11:32 EDTZMHZimmer required by FTC to divest assets as condition of Biomet acquisition
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