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Good News for Cumberland Pharma - Analyst Blog
Friday, January 14, 2011 - 12:00pm | 539Recently, Cumberland Pharmaceuticals Inc. (CPIX) received a boost when the US Food and Drug Administration (FDA) cleared a new formulation of the company's liver drug Acetadote. The injectable drug has been approved to counteract overdoses of acetaminophen and finds application in hospitals for...
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Piper Jaffray's Top Picks For Medical Diagnostics
Friday, January 14, 2011 - 9:47am | 188Piper Jaffray has published a research report on Medical Diagnostics, writing "Our positive 4Q10 STD channel checks suggest a combination of a deductible flush and easier H1N1 comps in December. Not surprisingly, there is concern about the effect of resetting deductibles on 1Q11 trends. We believe...
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Syneron Medical Received 510(k) Clearance From FDA (ELOS)
Thursday, January 13, 2011 - 5:09pm | 377Syneron Medical Ltd. (NASDAQ: ELOS) announced today that it has received 510(k) clearance from the United States Food and Drug Administration (FDA) to market a new Tända™ Light Emitting Diode (LED) system for skin rejuvenation. The product is approved for the treatment of wrinkles, rhytides and...
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Wright, AlloSource in New Pact - Analyst Blog
Thursday, January 13, 2011 - 4:01pm | 708International orthopedic devices company Wright Medical (WMGI) has forged a supply and distribution agreement with Colorado-based leading bone and tissue allografts provider AlloSource for a novel bone graft product dubbed FusionFlex Bone Matrix. Financial and other terms of the deal have not...
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Wright, AlloSource in New Pact - Analyst Blog
Thursday, January 13, 2011 - 3:45pm | 708International orthopedic devices company Wright Medical (WMGI) has forged a supply and distribution agreement with Colorado-based leading bone and tissue allografts provider AlloSource for a novel bone graft product dubbed FusionFlex Bone Matrix. Financial and other terms of the deal have not...
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Calls Purchased on Varian Medical Systems (VAR)
Thursday, January 13, 2011 - 2:05pm | 122Shares of Varian Medical Systems (NYSE: VAR) are higher on the session by 0.40%, currently trading at $69.86. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today...
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Bearish MACD for VIVO - Tale of the Tape
Thursday, January 13, 2011 - 12:31pm | 114Meridian Bioscience, Inc.'s (VIVO) MACD indicator has entered into bearish territory with a reading of -0.0548. The Zacks #4 Rank (“Sell”) stock decreased slightly to $22.98 in morning trade. The Zacks Consensus Estimate for the year ending September 2011 has decreased by a cent over the past two...
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Bearish MACD for VIVO - Tale of the Tape
Thursday, January 13, 2011 - 12:17pm | 114Meridian Bioscience, Inc.'s (VIVO) MACD indicator has entered into bearish territory with a reading of -0.0548. The Zacks #4 Rank (“Sell”) stock decreased slightly to $22.98 in morning trade. The Zacks Consensus Estimate for the year ending September 2011 has decreased by a cent over the past two...
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St. Jude's Prelim 4Q Sales Tops - Analyst Blog
Thursday, January 13, 2011 - 12:01pm | 555Medical devices major St. Jude Medical (STJ) reported preliminary sales data for fourth-quarter fiscal 2010. The company expects to report final results before the opening bell on January 26, 2011. The Minnesota-based company expects to post revenues of $1,350 million, up 12% (13% in constant...
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Dr. Peter J. Pronovost to Join Cantel Medical Corp. Board of Directors
Thursday, January 13, 2011 - 11:30am | 43LITTLE FALLS, N.J., Jan. 13, 2011 /PRNewswire/ -- Cantel Medical Corp. (NYSE: CMN) today announced the election of Peter J. Pronovost, M.D., Ph.D. to serve as an independent member of Cantel's Board of Directors.
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St. Jude's Prelim 4Q Sales Tops - Analyst Blog
Thursday, January 13, 2011 - 11:15am | 555Medical devices major St. Jude Medical (STJ) reported preliminary sales data for fourth-quarter fiscal 2010. The company expects to report final results before the opening bell on January 26, 2011. The Minnesota-based company expects to post revenues of $1,350 million, up 12% (13% in constant...
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Medtronic Completes Acquisition of Ardian
Thursday, January 13, 2011 - 10:58am | 142Medtronic, Inc. (NYSE: MDT), today announced that it has completed the acquisition of privately-held Ardian, Inc., a developer of catheter-based therapies to treat hypertension and related conditions. Under the terms of the agreement announced on Nov. 22, 2010, the purchase price is $800 million in...
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Covidien Supports FDA on Safe Use of Acetaminophen
Thursday, January 13, 2011 - 10:48am | 26Covidien (NYSE: COV) supports the U.S. Food and Drug Administration (FDA) on the safe use of acetaminophen.
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Stock Market News for Jan 13, 2011 - Market News
Thursday, January 13, 2011 - 10:31am | 1360Markets rose to fresh highs as bank stocks led the rally following optimistic earnings prospects and some upgrades. Benchmarks touched multi-year highs as concerns about the euro-zone debt crisis eased and the Federal Reserve released an upbeat report. The Dow gained 0.7% and closed at 11,755....
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Stock Market News for Jan 13, 2011 - Market News
Thursday, January 13, 2011 - 10:06am | 1360Markets rose to fresh highs as bank stocks led the rally following optimistic earnings prospects and some upgrades. Benchmarks touched multi-year highs as concerns about the euro-zone debt crisis eased and the Federal Reserve released an upbeat report. The Dow gained 0.7% and closed at 11,755....