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Stryker Announces Acquisition Of Physio-Control International, Revises 2016 Earnings Guidance Higher
Tuesday, February 16, 2016 - 10:00am | 228Stryker Corporation (NYSE: SYK) announced on Tuesday it has entered into an agreement to acquire 100 percent of Physio-Control International for $1.28 billion. Physio-Control develops, manufacturers and markets monitors and defibrillators, automated external defibrillators and CPR-assisted devices...
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Stryker To Acquire Sage Products From Madison Dearborn Partners For $2.775 Billion
Monday, February 1, 2016 - 3:46pm | 275Stryker Corporation (NYSE: SYK), a leading medical technology company, announced on Monday it will acquire Sage Products, LLC from Madison Dearborn Partners for $2.775 billion in cash. Shares of Stryker were trading lower by 0.56 percent at $98.59 mid-Monday afternoon. Sage is a developer of...
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Stryker Corporation CEO Weighs In On Q2 Earnings And Muka Metal Acquisition
Friday, July 24, 2015 - 1:57pm | 349Medical technology company Stryker Corporation (NYSE: SYK) came out with better than expected second-quarter numbers on Thursday post market closing. The company also raised its 2015 sales growth guidance to 6.5–7.5 percent from 6–7 percent earlier. Kevin Lobo, Stryker chairman and...
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How Stryker Was Able To Raise Its Guidance Even After Facing Currency Headwinds
Friday, May 8, 2015 - 3:45pm | 335Stryker Corporation (NYSE: SYK) declared its first quarter results on April 22, which were slightly better than analysts’ estimates. Kevin Lobo, Stryker CEO, was recently on CNBC discussing the company’s quarterly results and what’s driving the growth for Stryker. A Growth...
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Stryker To Acquire MAKO Surgical For $1.65 Billion
Wednesday, September 25, 2013 - 9:13am | 380In an announcement Wednesday morning, Stryker (NYSE: SYK), a leading medical technology company, announced they have come to an agreement to acquire MAKO Surgical (NASDAQ: MAKO) for $1.65 billion. Stryker will acquire all of the outstanding shares of MAKO for $30.00 per share in cash. The...