Tag: Medical Equipment and Devices

Contact lens supplier is looking for buyers to separate from indebted parent company

Abbott Laboratories shares were falling ahead of the opening bell on Monday after a jury found the company had failed to warn that its premature baby formula could increase infants’ risk of developing a potentially deadly bowel illness.

Shares of Dutch device maker Philips jumped more than 10.5% in early deals Monday after the company reported better-than-expected second-quarter earnings.

Intuitive Surgical on Thursday beat estimates for second-quarter profit and revenue on growing demand for its surgical robots used in minimally invasive procedures, sending its shares up 6.7% after the bell.

 UK’s competition regulator said on Monday it has cleared U.S. medical equipment maker Thermo Fisher Scientific’s $3.1 billion deal to buy Swedish biotech firm Olink Holding AB.

U.S. asset management firm Artisan Investments has raised its stake in Philips  to 10%, sending the healthcare technology group’s shares rising on Wednesday, a week after the Dutch company’s biggest shareholder also increased its holding.

Shares of GE HealthCare Technologies dropped Tuesday after the company reported first-quarter results that missed Wall Street projections.

Philips shares soared to a more than two-year high Monday after the Dutch medical devices giant agreed a $1.1 billion settlement in the U.S. for personal injury cases linked to the recall of some of its sleep apnea devices.

Intuitive Surgical beat Wall Street estimates for first-quarter profit and revenue on Thursday, riding on higher demand for its robots used in minimally invasive procedures.

Philips announced the main terms of an agreement it reached in January with the U.S. government on its new sleep apnea machines, which has already cost the company over 360 million euros in the fourth quarter of 2023, sending its shares up almost 3% on Wednesday.

GE Healthcare Technologies Inc.’s stock fell 6% in premarket trade Wednesday to lead S&P 500 decliners, after the company announced the pricing of an upsized secondary offering of shares.

GE HealthCare forecast 2024 profit largely above Wall Street expectations and beat fourth-quarter profit estimates on strong demand for its imaging devices, sending the company’s shares up 2% before the bell on Tuesday.

Στο στάδιο της τελικής αδειοδότησης το project της εισηγμένης στον Γέρακα Αττικής. Οι νέες επενδύσεις και ο πήχης για τα αποτελέσματα 2023.

Philips on Monday said it will halt the sales of new sleep-therapy devices in the U.S., as part of a broader settlement that led the company to take a €363 million ($393 million) provision in the final quarter of the year.

Growth is back at 3M. The stock is droppin g anyway.

Shares of Intuitive Surgical Inc. rallied after hours on Tuesday after the maker of robotic surgical equipment said it expected fourth-quarter sales that were above Wall Street’s expectations, helped by a recovery in China.

GE HealthCare Technologies Inc.’s stock slid 3.3% early Monday, after UBS downgraded the stock to sell from neutral and cut its price target to $66 from $86, warning of margin disappointments ahead.

GE Healthcare Technologies 0.11% reported better-than-expected third-quarter earnings and profit margins. Shares were stable in early trading.

Dutch health technology company Philips on Monday raised its full-year outlook as it beat analysts’ expectations for third-quarter core profit and comparable sales.

Intuitive Surgical Inc. -0.75% shares fell in the extended session Thursday after the surgical robotics company’s quarterly revenue missed Wall Street estimates.