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AngioDynamics Remains Neutral - Analyst Blog
Monday, January 10, 2011 - 6:40pm | 469We reiterate our Neutral recommendation for therapeutic and diagnostic devices maker AngioDynamics (ANGO). The company produced a mixed-bag in second-quarter fiscal 2011 with earnings beating the Zacks Consensus Estimate by a penny while revenues missing the forecast. Despite a modest decline in...
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Insulet Appoints Charles Liamos as COO
Monday, January 10, 2011 - 6:00pm | 55Insulet Corporation (NASDAQ: PODD), the leader in tubing-free insulin pump technology with its OmniPod Insulin Management System, today announced the appointment of Charles Liamos as the company's Chief Operating Officer. Mr. Liamos, a member of Insulet's Board of Directors since 2005, will...
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Symmetry Medical Board of Directors Appoints Thomas J. Sullivan President and CEO
Monday, January 10, 2011 - 5:32pm | 33Symmetry Medical Inc. (NYSE: SMA) announced today that its Board of Directors has appointed Thomas J. Sullivan as President and Chief Executive Officer, effective January 17, 2011.
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Stryker Increases Expected 2010 Results
Monday, January 10, 2011 - 5:02pm | 100Stryker Corporation (NYSE: SYK) announced today that net sales were $1,995 million for the fourth quarter of 2010, representing an 8.8% increase over net sales of $1,834 million for the fourth quarter of 2009, and were $7,320 million for the year ended December 31, 2010, representing an 8.9%...
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BK Medical Awarded Three-Year Contract by Novation
Monday, January 10, 2011 - 2:01pm | 48BK Medical, a wholly owned subsidiary of Analogic Corporation (Nasdaq: ALOG), has been awarded a three-year, new technology agreement by Novation. BK Medical will supply urological and surgical ultrasound systems, related accessories, and supplies to VHA, UHC, and Provista members.
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Smith & Nephew Up 9.3% On Takeover Talk (SNN, JNJ)
Monday, January 10, 2011 - 1:53pm | 172Shares of Smith & Nephew plc (NYSE: SNN) are currently up 9.3% at $55.58 per share during Monday afternoon trading. The stock has been climbing since it was reported that Johnson & Johnson (NYSE: JNJ) made a takeover offer for the company, which Smith & Nephew plc reportedly rejected....
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Interlace Now Entwined with Hologic - Analyst Blog
Monday, January 10, 2011 - 12:31pm | 408Hologic (HOLX) has strengthened its GYN surgical segment with the acquisition of privately-held Massachusetts-based Interlace Medical for $125 million in cash and two annual contingent payments, depending on the incremental revenue growth of the prior year. Interlace manufactures MyoSure...
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Low Priced Movers (ASTM),(OMEX), (EDAP), (RUTH), (GU),(BRKS)
Monday, January 10, 2011 - 12:26pm | 54Low Priced Movers (ASTM),(OMEX), (EDAP), (RUTH), (GU),(BRKS).Good looking charts.
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Benzinga's Volume Movers (ACOR, AUXL, MDSO, SONO)
Monday, January 10, 2011 - 12:12pm | 164Acorda Therapeutics Inc (NASDAQ: ACOR) shares moved up 6.69% to $29.52 at 11:11 am. The volume of ACOR shares traded was 322% higher than normal. ACOR reported Q4 sales of $55.7 million from its Ampyra drug. Auxilium Pharmaceuticals Inc (NASDAQ: AUXL) shares rose 13.95% to $23.45. The volume of...
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Interlace Now Entwined with Hologic - Analyst Blog
Monday, January 10, 2011 - 12:00pm | 408Hologic (HOLX) has strengthened its GYN surgical segment with the acquisition of privately-held Massachusetts-based Interlace Medical for $125 million in cash and two annual contingent payments, depending on the incremental revenue growth of the prior year. Interlace manufactures MyoSure...
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Wedbush Updates Its Price Target on ZOLL Medical, Solarfun Power, Rovi (ZOLL, SOLF, ROVI)
Monday, January 10, 2011 - 10:52am | 50Wedbush updates its price target on the following companies: ZOLL Medical (NASDAQ: ZOLL) from $40 to $52. Solarfun Power (NASDAQ: SOLF) from $12 to $10. Rovi (NASDAQ: ROVI) from $59 to $70.
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American Medical Systems Announces Fourth Quarter 2010 Sales of $147M
Monday, January 10, 2011 - 8:49am | 93In anticipation of presenting at the JP Morgan Healthcare Conference on January 11, 2011, American Medical Systems Holdings, Inc. (NASDAQ: AMMD) reported today preliminary sales of $147.0 million for the fourth quarter of 2010, a 0.7 percent increase over sales of $146.0 million in the comparable...
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SonoSite Announces Record Quarterly Revenues of $89 Million
Monday, January 10, 2011 - 8:37am | 94SonoSite, Inc. (Nasdaq: SONO) today announced preliminary revenue results for the fourth quarter and year ended December 31, 2010. Revenue for the fourth quarter was approximately $89 million, an increase of 27% for the quarter. Full-year 2010 revenue reached $275 million compared to $227 million...
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Top 4 Large-Cap Stocks In The Medical Instruments & Supplies Industry With The Highest Dividend Yield (BAX, BDX, COV, ACL)
Monday, January 10, 2011 - 5:54am | 124Below are the large-cap medical instruments & supply stocks on the NYSE and the NASDAQ in terms of dividend yield. Baxter International Inc (NYSE: BAX) has a dividend yield of 2.50%. BAX's shares closed at $49.41 on Friday. Becton, Dickinson and Company (NYSE: BDX) has a dividend yield of 2.00...
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Prelim Results of CPTS Disappoints - Analyst Blog
Friday, January 7, 2011 - 6:06pm | 412Conceptus (CPTS) has reported disappointing preliminary results for the fourth quarter and full year of fiscal 2010. The company expects net sales of $36.3-$36.6 million during the fourth quarter which is approximately 1-2% lower than the year-ago quarter, although up 7-8% on a sequential basis...