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CAS Medical Surges As Edwards Lifesciences Agrees To Buy Medtech Company In $100M Deal
Tuesday, February 12, 2019 - 11:50am | 402CAS Medical Systems Inc (NASDAQ: CASM) shares are rising by one-half of their value Tuesday after Edwards Lifesciences Corp (NYSE: EW), a manufacturer of heart valves and other medical devices, announced an agreement to buy the company. What Happened CAS Medical is a medical tech company...
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BofA: Medtronic's Growth 'Should Continue To Surprise'
Wednesday, August 22, 2018 - 3:18pm | 391Medical device maker Medtronic PLC (NYSE: MDT)'s rocketed higher after the company reported first-quarter earnings Tuesday. The Analyst Bank of America Merrill Lynch analyst Bob Hopkins reiterated a Buy rating on Medtronic and increased the price target from $98 to $105. The...
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BTIG Turns Neutral On TransEnterix, Says Stock Rally Unsupported By Fundamentals
Thursday, June 28, 2018 - 12:25pm | 380Transenterix Inc (NYSE: TRXC) shares have spiked 50 percent in the last week, 71 percent in the last month and 734 percent in the last year. But one analyst senses diminishing momentum. The Rating BTIG analyst Sean Lavin downgraded TransEnterix to Neutral and withdrew his price target. The...
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KeyBanc Initiates Becton, Dickinson And Co. With Bullish Stance
Friday, January 5, 2018 - 11:16am | 374Becton Dickinson and Co (NYSE: BDX) was initiated with a top-notch rating by KeyBanc Capital Markets Thursday. The Analyst KeyBanc analyst Matthew Mishan initiated coverage on Becton Dickinson with an Overweight and $260 price target. The Thesis "We believe [the company] is...
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Cooper Companies Third Quarter Good, Not Great, Says BMO
Friday, September 2, 2016 - 11:25am | 338Cooper Companies Inc (NYSE: COO) reported its third-quarter results after Thursday's market close. The company said it earned $2.30 per share in the quarter on revenue of $514.7 million, exceeding the $2.29 per share and $511.8 million Wall Street analysts were expecting. According to Joanne...
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Exclusive: Cytosorbents CEO On How Its Blood Purification Technology Can Change Healthcare
Monday, August 15, 2016 - 8:54am | 611Cytosorbents Corp (NASDAQ: CTSO) is a critical care focused immunotherapy company that focuses on the commercializing its main product, CytoSorb - a blood purification technology which focuses on preventing or treating multiple organ failures. Benzinga had the opportunity to chat with the...
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Greatbatch Announces Spinoff Of QiG Group, Highlights 'Important Milestone' In Growth Strategy
Wednesday, February 24, 2016 - 3:48pm | 228Greatbatch Inc (NYSE: GB), a manufacturer of medical devices and components, announced on Wednesday that its Board of Directors approved the spinoff of its QiG Group, a research and development organization that focuses on the Cardiovascular, Neuromodulation and Orthopaedics markets. QiG Group...
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Johnson & Johnson Details $1 Billion Cost Saving Initiative For Its Medical Devices Segment, Will 'Deliver More Value To Customers'
Tuesday, January 19, 2016 - 4:24pm | 251Shares of Johnson & Johnson (NYSE: JNJ) were trading higher by 0.26 percent at $97.25 early Tuesday afternoon after the company detailed a $1 billion cost saving initiative for its Medical Devices business. Johnson & Johnson stated that it will eliminate approximately 4 to 6 percent of its...
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Top Home Run Ideas in Three Out of Favor Groups
Sunday, December 5, 2010 - 2:11pm | 953'The time of maximum pessimism is the best time to buy.' Sir John Templeton Investors who had the courage to bet big on automotive and retailing shares at the depth of the Great Recession have reaped rich rewards. While bundled products like Fidelity Select Automotive (FSAVX) and SPDR Retail (XRT)...
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UV Flu Technologies (OTCBB: UVFT) Announces Growth of National Distributor Network for UV-400
Tuesday, November 2, 2010 - 12:35pm | 941CENTERVILLE, MA – November 2, 2010 (Investorideas.com Newswire) - UV Flu Technologies, Inc. (OTCBB: UVFT) (the "Company") is pleased to announce the recent signing of agreements with 3 new distributors to commence offering the ViraTech UV-400 to their market segment commercial accounts. The new...
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Two Top Selections for Contrarian Investors
Thursday, September 16, 2010 - 10:05am | 909Certain industries or groups, at times, get hit hard providing venturesome contrarian investors opportunities to earn outsized profits. Contrary investors with the courage and conviction to get into automotive and retailing shares at the depth of the Great Recession have made it out like a bandit....