Health Care Up, But Not By Much, On Cyclical Move -- Health Care Roundup

Features Dow Jones Newswires

Shares of health-care companies rose, but not by as much as the broad market, as traders rotated into the most economically sensitive niches of the market.

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Siemens, the German engineering conglomerate, may spin off a big chunk of its health-care business, estimated to be worth up to $47 billion, as a separate stock-market listing.

Shares of medical device maker Boston Scientific slid after investor-relations executives from the company cancelled an appearance at a Piper Jaffray conference.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

November 28, 2017 16:36 ET (21:36 GMT)