St. Jude Medical, Inc.

News and overview for St. Jude Medical, Inc.

St. Jude earnings fall as sales rise - MarketWatch
MarketWatch | 34 days 16 hours 32 minutes ago
STJ


St. Jude Medical opens first Advanced Learning Center in Brussels
News-Medical.Net | 12 days 5 hours 7 minutes ago
St. Jude Medical, Inc. (NYSE:STJ) today announced the official opening of the St. Jude Medical Advanced Learning Center, in Brussels, Belgium, offering education and training in advanced, evidence-based therapies for physicians who treat heart disease.


St. Jude Medical announces implantation of the first patient in China with its Eon rechargeable neurostimulator
News-Medical.Net | 6 days 12 hours 5 minutes ago
St. Jude Medical, Inc. (NYSE:STJ) announced today that a 62-year-old man from Shenzhen, Guangdong province has become the first patient in China to be implanted with the Eonâ?¢ neurostimulator, a rechargeable device used to help manage chronic pain. Despite prior back surgeries, the patient suffered from chronic back pain for more than a decade.


St. Jude Medical's quadripolar pacing system receives European CE Mark approval
News-Medical.Net | 34 days 20 hours 5 minutes ago
St. Jude Medical, Inc. (NYSE: STJ) today announced it has received European CE Mark approval for the industrys first quadripolar pacing system for cardiac resynchronization therapy defibrillators (CRT-Ds)


St. Jude Medical to repurchase shares of up to $500 million from its outstanding common stock
News-Medical.Net | 31 days 21 hours 6 minutes ago
St. Jude Medical, Inc. (NYSE:STJ) announced today that its Board of Directors has authorized a share repurchase of up to $500 million of its outstanding common stock. The repurchases will occur at such times and at such prices as the management of the Company determines and may be effected through transactions in the open market, in privately negotiated transactions or otherwise.


St. Jude Medical announces fiscal 2009 third-quarter results
News-Medical.Net | 34 days 16 hours 8 minutes ago
St. Jude Medical, Inc. (NYSE: STJ) today reported sales and net earnings for the third quarter ended October 3, 2009.


St Jude Medical profit falls on one-time charges
Forbes | 34 days 12 hours 19 minutes ago
ST. PAUL, Minn. -- St. Jude Medical Inc. said Wednesday its profit fell 10 percent in the third quarter, as employee termination expenses and other charges more than offset improved heart device sales.


62-Year-Old Man Becomes First Patient in China Implanted with Rechargeable Neurostimulator for Chronic Pain [Press Release]
Business Wire | 6 days 15 hours 22 minutes ago
St. Jude Medical, Inc. (NYSE:STJ) announced today that a 62-year-old man from Shenzhen, Guangdong province has become the first patient in China to be implanted with the Eon™ neurostimulator, a rechargeable device used to help manage chronic pain. Despite prior back surgeries, the patient suffered from chronic back pain for more than a decade.


St.Jude Medical profit down 10%; lowers forecast - MarketWatch
MarketWatch | 34 days 13 hours 11 minutes ago
"We have identified approximately 50 U.S. hospitals who did not participate in normal quarter-end purchases of cardiac rhythm management devices due to a variety of financial considerations," CEO Daniel Starks said in a statement.


St. Jude Medical To Present at the 21st Annual Piper Jaffray Health Care Conference [Press Release]
Business Wire | 6 days 7 hours 53 minutes ago
St. Jude Medical, Inc. (NYSE:STJ) will present at the 21st Annual Piper Jaffray Health Care Conference on Tuesday, December 1, in New York City. John C. Heinmiller, executive vice president and chief financial officer, will address the conference at 10:00 a.m. ET. The presentation will also be Web cast live at www.sjm.com.


St. Jude Medical approves $500M stock buyback
Forbes | 32 days 14 hours 36 minutes ago
ST. PAUL, Minn. -- St. Jude Medical Inc. said Friday its board of directors approved a plan to buy back as much as $500 million in stock.


St. Jude Medical trims 2009 profit estimate
Forbes | 34 days 12 hours 19 minutes ago
ST. PAUL, Minn. -- St. Jude Medical Inc. trimmed its annual profit forecast on Wednesday, and projected a disappointing fourth quarter profit.


St. Jude Medical Board of Directors Authorizes Share Repurchase [Press Release]
Business Wire | 32 days 16 hours 21 minutes ago
St. Jude Medical, Inc. (NYSE:STJ) announced today that its Board of Directors has authorized a share repurchase of up to $500 million of its outstanding common stock. The repurchases will occur at such times and at such prices as the management of the Company determines and may be effected through transactions in the open market, in privately negotiated transactions or otherwise.


St. Jude Medical To Present at the 2009 Credit Suisse Healthcare Conference [Press Release]
Business Wire | 25 days 11 hours 42 minutes ago
St. Jude Medical, Inc. (NYSE:STJ) will present at the 2009 Credit Suisse Healthcare Conference on Thursday, November 12, in Phoenix. Eric S. Fain, M.D., president of the St. Jude Medical Cardiac Rhythm Management Division, will address the conference at 2:00 p.m. MST. The presentation will also be Web cast live at www.sjm.com.


Zacks Analyst Blog Highlights: Morgan Stanley, Goldman Sachs, St. Jude Medical, Inc., Medtronic Inc. and Boston Scientific Corporation [Press Release]
Business Wire | 33 days 7 hours 22 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Morgan Stanley (NYSE: MS), Goldman Sachs (NYSE: GS), St. Jude Medical, Inc. (NYSE: STJ), Medtronic Inc. (NYSE: MDT) and Boston Scientific Corporation (NYSE: BSX).





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Company Overview


Company: St. Jude Medical, Inc.
Industry: Medical Devices
Website: http://www.sjm.com

If your heart has trouble catching the beat, St. Jude Medical's got rhythm to spare. The company's main products are pacemakers and implantable cardioverter defibrillators (ICDs), both of which use electrical impulses to shock irregularly beating hearts back into rhythm. St. Jude also makes mechanical and tissue heart valves; items used in interventional cardiology procedures, such as catheters and guidewires; and ablation systems used to treat atrial fibrillation. Its neuromodulation business makes implantable devices (similar to pacemakers) that treat chronic pain using electrical stimulation. The company markets its products worldwide through its own sales force and distributors.


Key Numbers

Sales in U.S. Dollars (mil.) 4,363.3 (2008)
One-year % Growth in Sales 15.5 (2008)
Net Income in U.S. Dollars (mil.) 384.3 (2008)
One-year % Growth in Net Income -31.3 (2008)
Number of Employees 14,000 (2008)
One-year % Growth in Number of Employees 16.7 (2008)
Fiscal Year-End December