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Stock Market & Financial Investment News

News Breaks
March 14, 2013
12:07 EDTZMHZimmer unlikely to be strongly impacted by AAOS guidance, says Wells Fargo
Wells Fargo reports that the American Academy of Orthopedic Surgeons, or AAOS, will recommend against the use of hyaluronic acid, or HA, for osteoarthritis of the knee, while Zimmer is in the process of launching its single injection HA, Gel-one in the U.S. The firm thinks the guidance could have a temporary negative impact on HA, but it doesn't expect the impact on Zimmer to be dramatic. The firm doesn't expect doctors who have already had success with HA to stop using it, and it maintains an Outperform rating on Zimmer.
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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