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Appetite for Acquisition: Stryker CEO Lobo says medical device company is in the hunt | Wall Street Beat

May 16, 2013 by Brad Perriello

MassDevice.com Wall Street Beat

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.

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Ex-KCI CEO Burzik dives into venture capital | Personnel Moves

February 27, 2013 by Sony Salzman

Catherine Burzik, former CEO of Kinetic Concepts, is teaming up with Incyte Ventures to raise $50 million for biomed and biotech start-ups in San Antonio, Texas.

fired/hired

 Ex-Kinetic Concepts CEO Burzik turns her sights to startups

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Sirona gains despite flat profits

February 14, 2013 by MassDevice staff

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.

BlackRock boosts medical device stakes

January 30, 2013 by MassDevice staff

Hedge fund goliath BlackRock Inc. boosts its stake in a bevy of medical device companies.

BlackRock Inc.

BlackRock Inc., 1 of the world's largest hedge funds, boosted its stake in a clutch of medical device companies, with 1 exception.

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Sirona gets some Wall Street love with 150% growth in Q4 profits and a new CEO on the way

November 16, 2012 by MassDevice staff

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 logo

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.

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NuVasive's global sales president is on the way out | Personnel Moves

October 9, 2012 by MassDevice staff

Medical device company NuVasive prepares to say goodbye to global sales president Jeff Rydin, who will leave the company effective March 31, 2013.

fired/hired

 NuVasive says goodbye to global sales pres

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CareFusion hits 52-week high on Q3 results | Earnings Roundup

May 7, 2012 by MassDevice staff

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.

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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%.

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