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Five Things to Remember in 2009

Tue, 23 Dec 2008 13:47:00 GMT

Looking back through 2008, the Healthcare sector has hit some huge hurdles. Patent concerns and expirations were worries for all major firms, the Department of Justice hit Med Tech with fines, Big Pharma made thousands of job cuts, Managed Care got demolished with enrollment cuts, and investors struggled to find much, if any safety in the whole sector. Going forward, 2009 will be quite an interesting year in the markets and the ever-so struggling economy. More M&A activity and consolidation will not only be seen within the Financials sector, but will also spread across other sectors. We have seen this ramp up quite a bit in Due to lofty predictions by some analysts regarding unforeseen buyouts of large Biotech firms by Big Pharma, heated debates on the Street will be prevalent. Some names that have been thrown out are Merck buying Gilead and Pfizer purchasing Amgen. Although those are pretty big bets, nonetheless, it will[More...]

Analyst Comments: Soapstone, Bayer , Advanced Micro Devices, Harmony Gold, Entercom, Pervasive, CarMax, Cost Plus, Smith & Nephew, Ferrellgas, Alpharma

Tue, 26 Aug 2008 12:14:00 GMT

We maintain our Hold recommendation on the shares of Soapstone Networks, Inc. (SOAP). The company?s shares continue to drift down with a lack of news regarding customers for its PNC (Provider Network Controller) product.[More...]

The Week in Review: Earnings and Development

Sun, 24 Aug 2008 00:12:00 GMT

Earnings reports for China biomedical companies continued to be released at a slower pace over the past five days. Lotus Pharma announced its revenues climbed an admirable 51% but net income dropped 27%; Sinobiomed emphasized its pipeline rather than its revenues, which are falling; and China Shenghuo Pharma said it will have to restate its reports because of irregularities; Smith & Nephew will expanding two China manufacturing facilities; CRO Venturepharm Labs purchased 44% of the US CRO, Commonwealth Biotechnologies; and MicuRx Pharma picked its first preclinical development candidate, a next-generation antibiotic. More details... Stock Symbols: (OTCBB: LTUS) (OTCBB: SOBM) (AMEX: KUN) (NYSE: SNN) (HKEX: 8225) (NSDQ: CBTE)[More...]

Smith and Nephew Expanding China Operations

Fri, 22 Aug 2008 19:11:00 GMT

International medical device maker Smith & Nephew is expanding its China manufacturing facilities for the usual two reasons: the cost savings and the growing importance of the China medical market. The company is building a wound care manufacturing facili[More...]

Periodicals Wrap-Up for Wednesday, July 9th

Wed, 09 Jul 2008 13:44:00 GMT

Submitted By optiondragon[More...]

Barrons: Baby Boomers Going Fragile?

Sat, 14 Jun 2008 18:40:34 GMT

Knee-Deep in Profit[More...]

Euro Investment on a Case-by-Case Basis

Thu, 05 Jun 2008 00:08:53 GMT

European stocks are feeling the affects on the economic slowdown in the U.S., but with growth accelerating elsewhere around the globe, might the European markets be benefiting more than in the past? We spoke with Zacks senior equities analyst Duong Vuong, CFA to find out. Let's talk about one of your most recently issued research reports. Which company was it on, and how is it doing? Recently, I completed an equity research report on Smith & Nephew (SNN) . In it, I mentioned we are maintaining a Hold recommendation after the company's first quarter results. The company is benefiting from its Earnings Improvement Program[More...]

Analyst Comments: Smith & Nephew, Wet Seal, Snap-On, Hologic, Callidus Software, Joy Global

Mon, 02 Jun 2008 22:31:48 GMT

We are maintaining a Hold recommendation on Smith & Nephew, Plc (SNN), after the British medical device maker's first-quarter results. The company is benefiting from its Earnings Improvement Program, and we believe the recent stock buyback should provide support to the stock. The stock is trading...[More...]

Analyst Comments: Smith & Nephew, AXA Group, Molson Coors Brewing, Xilinx, Millennium Pharmaceuticals, U.S. Bancorp, NVIDIA, Liberty Property

Mon, 07 Jan 2008 19:47:50 GMT

A Hold recommendation has recently been issued to medical products company Smith & Nephew, Plc (SNN) by Zacks senior healthcare industry analyst Duong Vuong, CFA. Here's what his latest update said:'We are maintaining a Hold recommendation on SNN after the company's third quarter results. Third quarter sales growth of 10% was similar that for the whole of last year (8%) and well below Q2 sales growth of 19%....[More...]

Smith and Nephew surges: 73 percent profit increase, orthopedic firm says

Sat, 07 Nov 2009 15:48:00 GMT

Nov. 7--Smith & Nephew PLC posted a 73 percent profit surge in the third quarter, bolstered by an improving orthopedic market in the United States.
The London-based medical device maker generated $128 million in profits for the quarter, up from $74 million it reported in the third quarter 2008.
Without the exchange rates, the company said revenues would have grown 1 percent.

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NUCRYST Announces 2009 Second Quarter Financial Results

Wed, 05 Aug 2009 11:46:00 GMT

PRINCETON, NJ, Aug. 5 /CNW/ - NUCRYST Pharmaceuticals Corp., a developer and manufacturer of medical products that fight infection and inflammation, today announced its financial results for the second quarter of 2009.
This compares to a net loss of $1.7 million, or $0.09 cents per share, on revenues of $4.7 million in the second quarter of 2008.
At June 30, 2009, NUCRYST had $11.8 million in cash and cash equivalents, compared to $23.4 million at December 31, 2008.

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Memphis Factory Jobs Fell 24 Percent Since 1998

Sun, 31 May 2009 09:52:00 GMT

May 31--In its heyday, Speer Products Inc. was a thriving chemical manufacturer in Memphis, employing about 200 people who mixed and packaged liquid and aerosol products, including bug spray and pet shampoo.
Speer's fate is not unique; the Memphis metropolitan area has shed about 16,000, or 24 percent, of its manufacturing jobs since 1998 as companies have moved from the area, closed or reduced operation, an analysis of labor statistics shows.
The numbers cover industry in Greater Memphis, which comprises eight counties in Tennessee, Mississippi and Arkansas.

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NUCRYST Announces 2009 First Quarter Financial Results

Wed, 06 May 2009 11:47:00 GMT

PRINCETON, NJ, May 6 /CNW/ - NUCRYST Pharmaceuticals Corp., a developer and manufacturer of medical products that fight infection and inflammation, today announced its financial results for the first quarter of 2009.
For the quarter ended March 31, 2009, NUCRYST reported a net loss of $1.1 million, or $0.06 cents per share, on revenues of $4.1 million.
This compares to a net loss of $2.2 million, or $0.12 cents per share, on revenues of $5.2 million in the first quarter of 2008.

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NovaLign Trauma Device for Broken Bones Gets FDA Clearance

Tue, 31 Mar 2009 17:50:00 GMT

Mar. 31--Memphis-based NovaLign Orthopedics Inc. has won federal clearance to sell a trauma surgery product and is building up its staff.
The clearance means the government considers the device equivalent to products already on the market, and Novalign didn't have to conduct clinical trials.
NovaLign is backed with $14 million in venture capital from three firms: Accuitive Medical Ventures of Duluth, Ga., SV Life Sciences of Boston and Versant Ventures of Menlo Park, Calif.

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London Market - Feb 13 2009 4:59PM

Fri, 13 Feb 2009 20:54:00 GMT

BLUE-CHIP stocks were dragged lower amid a raft of disappointing updates and as the mammoth US rescue plan did little to budge economic fears.
Guinness to Smirnoff drinks giant Diageo shed 30p to 877.5p after a sharp decline in first-half sales growth and revising forecasts for profits growth.
British Land, meanwhile, shed 27p to 456.25p, as it launched plans for a pounds 740m rights issue.

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Weakening Pound Puts British Sun Seekers in the Shade

Sat, 16 Aug 2008 03:49:00 GMT

HOLIDAYMAKERS heading for sun abroad are facing up to a weaker pound after sterling fell on fears of a possible UK recession.
Wednesday's grim assessment on the economy from the Bank of England sent the pound to its lowest level against the US dollar for nearly two years.
It toucheda22-month low of EUR1.86 early yesterday, before settling at EUR1.87.

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Australian Appeals Court Lifts Temporary Injunction Against Smith & Nephew Foam Dressing Kit

Fri, 09 Oct 2009 22:45:00 GMT

Kinetic Concepts, Inc. (NYSE:KCI) announced today that the Full Court of The Federal Court of Australia, Victoria District Registry has lifted a temporary injunction in KCI's patent litigation with Smith & Nephew (LSE:SN) (NYSE:SNN).
KCI is seeking monetary damages and permanent injunctive relief against Smith & Nephew in Australia for the marketing and sale of NPWT dressing kits which KCI believes infringe a patent licensed to KCI from Wake Forest University Health Sciences.
"We are looking forward to the trial in June 2010 where the Court will have the opportunity to fully consider our case," said Stephen D. Seidel, KCI's General Counsel.

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Smith & Nephew Takes Single Injection PMA to Next Stage

Wed, 19 Aug 2009 20:22:00 GMT

Smith & Nephew Biologics & Spine is proceeding to the next stage in the approval process for the U.S. launch of DUROLANE Single Injection, Stabilized Hyaluronic Acid.[More...]

Smith & Nephew: Director/PDMR Shareholding

Tue, 18 Aug 2009 15:52:00 GMT

LONDON -- -- 08/18/09 --[More...]

Smith & Nephew Plc: Director/PDMR Shareholding

Tue, 18 Aug 2009 15:44:00 GMT

LONDON -- -- 08/18/09 --[More...]

Smith & Nephew - Director/PDMR Shareholding

Fri, 14 Aug 2009 16:11:00 GMT

LONDON -- -- 08/14/09 --[More...]

Smith & Nephew Plc Announces Director/PDMR Shareholding

Fri, 07 Aug 2009 16:25:00 GMT

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Smith & Nephew Plc - Director/PDMR Shareholding

Thu, 06 Aug 2009 17:03:00 GMT

LONDON -- -- 08/06/09 --[More...]

Smith & Nephew - Director/PDMR Shareholding

Wed, 05 Aug 2009 16:22:00 GMT

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Smith & Nephew Plc announces Total Voting Rights

Fri, 31 Jul 2009 09:50:00 GMT

LONDON -- -- 07/31/09 --[More...]

Smith & Nephew Plc Announces Half Yearly Report

Thu, 30 Jul 2009 06:03:00 GMT

LONDON -- -- 07/30/09 --[More...]