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Stock Market & Financial Investment News

News Breaks
January 31, 2013
07:21 EDTZMHZimmer to record 2013 pre-tax charges of $120M-$130M
The Company expects to record 2013 pre-tax charges of $120M-$130M as details of the various programs are finalized and implemented. The Company also expects to incur an additional $5M-$15M for certain acquisition and integration costs connected with the acquisitions of Dornoch Medical Systems, Inc., Exopro and third party distributors around the world.
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July 22, 2014
08:15 EDTZMHZimmer should be bought on any weakness from Q2 results, says RBC Capital
RBC Capital believes that consensus Q2 recon estimates for Zimmer may be "a bit optimistic," but the firm thinks that investors already partially anticipate a miss on that metric The firm recommends buying the stock on any weakness associated with Q2 results, as it thinks the company's valuation is favorable, given its growth outlook. RBC Capital keeps a $120 price target and Outperform rating on the shares.
July 10, 2014
09:06 EDTZMHBofA/Merrill remains bullish on Zimmer
BofA/Merrill said BMET reported solid Q4 results, which bode well for Zimmer (ZMH). The firm rates ZImmer a Buy with a $125 price target and a best idea.
06:42 EDTZMHBiomet reports Q4 net sales up 7.7% to $844.5M
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