Boston Scientific to hit the acquisitions trail | Wall Street Beat
February 6, 2012 by MassDevice staff
Boston Scientific plans to use the bulk of the $1 billion of the free cash flow it expects to generate this year on acquisitions, according to CFO Jeff Capello; also, Intuitive Surgical, Zoll hit 52-week highs; and analysts' ups and downs.
Boston Scientific (NYSE:BSX) plans to hoard most of the more than $1 billion in free cash flow it expects to generate this year so it can make acquisitions to boost its top line, CFO Jeff Capello told analysts last week.
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