Stryker (NYSE:SYK) CEO Kevin Lobo told an investors conference audience in Las Vegas yesterday that the medical device company is still in the mergers & acquisitions hunt, even after its newsmaking buyouts of China's Trauson Holdings, Israel's Orthovita and Surpass Medical.
Dental device company Sirona Medical Systems reports 1st-quarter sales of 5.5% and flat profit growth.
Sirona Dental Systems (NSDQ:SIRO) reported flat profits for its fiscal 1st quarter, but that didn't faze investors, who sent share prices up nearly 4% this week.
Hedge fund goliath BlackRock Inc. boosts its stake in a bevy of medical device companies.
BlackRock Inc., 1 of the world's largest hedge funds, boosted its stake in a clutch of medical device companies, with 1 exception.
Dental devices maker Sirona Dental Systems wins some favor with Wall Street after beating analysts' estimates and announcing a successor for outgoing chairman & CEO Jost Fischer.
Sirona Dental Systems (NSDQ:SIRO) gained some points with Wall Street today after posting a strong 4th quarter and 2012 fiscal year earnings report and naming a successor for outgoing CEO Jost Fischer.
SIRO shares were up 7.6% to $61.41 as of about 1 p.m. today after the company held its quarterly earnings call earlier in the morning.
Shares of CareFusion hit a 52-week high Friday after the medical devices giant beats Wall Street's expectations with its 3rd-quarter earnings and ups its FY2012 sales guidance; also, Sirona Dental's Q2 sales, profits rise; and Pro Dex sings to Q3 red.
CareFusion (NYSE:CFN) hit a 52-week high Friday after beating Wall Street boffins' predictions for its 3rd-quarter earnings and raising its full-year revenue guidance.
The San Diego-based medical device maker reported profits of $31 million, or 13¢ per diluted share, on sales of $919 million during the 3 months ended March 31, a top-line gain of 9.1%.