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Elyria's Invacare should benefit from suspension of Medicare bidding program
Plain Dealer (Cleveland), The | 7 hours 14 minutes ago
Friday, July 25, 2008 Mary Vanac Plain Dealer Reporter Last week's decision by Congress to postpone a competitive bidding program for medical equipment suppliers who work with Medicare could help Invacare Corp. next year.... (more)
Affymetrix swings to 2Q loss on revenue decline
Forbes | 14 hours 25 minutes ago
SANTA CLARA, Calif. - Affymetrix Inc., which makes the GeneChip system for genetic data analysis, said Thursday it swung to a second-quarter loss on lower revenue and a restructuring charge.... (more)
Affymetrix cuts full-year revenue outlook
Forbes | 14 hours 25 minutes ago
SANTA CLARA, Calif. - Affymetrix Inc., which makes the GeneChip system for genetic data analysis, cut its full-year revenue outlook because of weakness in its pharmaceutical business, sending shares in a nosedive during after-hours trading.... (more)
Zoll Medical's 3Q profit rises 33 percent
Forbes | 19 hours 10 minutes ago
CHELMSFORD, Mass. - Zoll Medical Corp., which makes resuscitation devices, said Thursday its fiscal 2008 third-quarter profit rose 33 percent on boost in North American sales.... (more)
Invitrogen 2Q profit rises on sales boost
Forbes | 21 hours 9 minutes ago
CARLSBAD, Calif. - Invitrogen Corp., which makes kits that researchers use for gene cloning, said Thursday its second-quarter profit rose 30 percent on higher sales of its drug discovery and research materials.... (more)
Illumina Polishes Its Biochips
MSNBC | 21 hours 49 minutes ago
Who's going to complain about double-digit growth?... (more)
SignOnSanDiego.com > News > Business -- Shares of Illumina hit record, then slide
San Diego Union-Tribune | 1 day 3 hours 39 minutes ago
July 24, 2008 Shares of genetics analysis company Illumina reached a record trading high of $92.50 yesterday after the company on Tuesday reported that second-quarter revenue and profit topped analysts' projections. The shares, which began trading in July 2000, closed at $91.95 and dropped in after-hours trading to $90.57.... (more)
Complaints Undermine Hip Device - NYTimes.com
New York Times, The | 1 day 12 hours 57 minutes ago
Zimmer Holdings, the nation’s biggest producer of orthopedic devices, says it will suspend sales of an artificial hip component that some doctors have complained was failing at a high rate. The company also lowered its earnings outlook as a result of the suspension, and its shares fell sharply Wednesday.... (more)
C.R. Bard Inc. 2Q net income declines 20 percent
Boston Globe, The | 1 day 14 hours 24 minutes ago
MURRAY HILL, N.J.—Medical device maker C. R. Bard, Inc. said Wednesday that its net income took a hit for special charges in the second quarter.... (more)
Out of the Gate: Intuitive Surgical rises
Boston Globe, The | 2 days 20 minutes ago
NEW YORK—Shares of Intuitive Surgical Inc. climbed Wednesday after the maker of surgical robots reported second-quarter results well above analyst expectations and raised its sales growth forecast for the full year.... (more)
SignOnSanDiego.com > News > Business > Biotechnology -- Illumina's bountiful day and then some
San Diego Union-Tribune | 2 days 4 hours 22 minutes ago
July 23, 2008 It was an up kind of day yesterday for San Diego genetics analysis company Illumina.... (more)
Edwards raises full-year profit outlook
Boston Globe, The | 2 days 17 hours 51 minutes ago
IRVINE, Calif.—Edwards Lifesciences Corp., which makes heart valves and other cardiovascular products, raised its full-year profit outlook Tuesday after it reported better-than-expected second-quarter financial results.... (more)
Boston Scientific slumps on 2Q earnings report
Boston Globe, The | 2 days 21 hours 50 minutes ago
WASHINGTON—Shares of Boston Scientific Corp. fell Tuesday after the medical device maker reported its earnings fell 15 percent in the second quarter due to lower sales and charges from acquisitions and restructuring.... (more)
Zimmer to expand Ind. operations, add 100 jobs
Boston Globe, The | 2 days 21 hours 50 minutes ago
WARSAW, Ind.—Orthopedics manufacturer Zimmer Holdings Inc. plans to create nearly 100 new jobs in Warsaw by 2011.... (more)
2nd UPDATE:ArthroCare To Restate Revenue For Past 7 Quarters
Wall Street Journal, The | 2 days 23 hours 54 minutes ago
(Updates throughout with comments from analyst, further details from company release, closing stock price.)... (more)
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Companies in the news
- Affymetrix Inc
- Applied Biosystems Group
- ArthroCare Corp
- Boston Scientific Corporation
- C. R. Bard, Inc.
- Edwards Lifesciences
- Illumina Inc
- Intuitive Surgical Inc