Becton Dickinson hands out promotions as it releases mixed Q4 earnings that best analysts' projections
Becton Dickinson & Co. (NYSE:BDX) beat Wall Street's estimates for its 4th quarter of 2013 and handed out a couple of promotions during the company's quarterly conference call with investors.
Missouri medical device maker Synergetics reports a shrinking bottom line and employee reductions as it closes a Pennsylvania manufacturing facility.
Synergetics (NSDQ:SURG) is closing a King of Prussia, Penn., manufacturing facility that employs 24 workers, transferring production to an office in O'Fallon, Miss.
Radiosurgery systems maker Accuray gains more than 10% after releasing its 4th quarter earnings report.
Wall Street piled favor on California radiosurgery systems maker Accuray (NSDQ:ARAY) after the company narrowed losses in its 4th quarter, even as sales dropped by more than 15%.
During its 4th quarter Cardica tacked an additional $300,000 in losses to its bottom line, but managed to beat per-share earnings expectations by 1 cent.
Cardica (NSDQ:CRDC) fell further into the red with a 7% increase in 4th quarter losses compared to the same time last year, as well as an almost 20% increase in losses for the full year.
Biomet prepares to close doors on a 230-employee manufacturing facility in Switzerland, citing a global dip in medical device prices and ongoing economic challenges.
Biomet is letting go of a Swiss manufacturing facility that employs 230 workers, blaming the closure on "declining global prices for medical devices and a challenging economic environment."
New York medical device maker AngioDynamics slashes losses and boosts earnings during its 4th quarter, meeting analysts' earnings expectations but winning little Wall Street favor.
Albany, N.Y.-based AngioDynamics (NSDQ:ANGO) met Wall Street's Q4 expectations, but didn't gain much favor, with shares down 2.3% as of about 12:35 p.m. today.
Cyberonics’ stock jumped 8% last week as the company released the outcomes of its 4th-quarter and full-year 2013 earnings report.