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Wednesday, April 7, 2010 as of 11:14 AM ET

Biomet

    Biomet, Inc. is one of the world leading medical device manufacturer located in the Warsaw, Indiana business cluster.

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    Related Topics

    1. Zimmer Holdings
    2. Stryker
    3. Smith & Nephew Plc
    4. Medtronic
    5. Medtronic
    6. Synthes Holding AG
    Get updates on Biomet
    Smith & Nephew Profit Up, Keeps Full-Year Guidance

    U.

    K. medical device maker Smith & Nephew PLC (SN.LN) Thursday reported a 3% rise in first-quarter net profit and said that guidance for the full year, provided last quarter, is unchanged.Chief Executive Olivier Bohuon said: "We grew revenue, increased profit and improved our trading profit margin. We saw the first results of our actions to make Smith & Nephew more fit and effective."Net profit rose to $161 million from $156 million a year earlier. Revenue was flat at $1.08 billion, in line with expectations. Earnings per share, excluding some items, rose to 19.5 cents from 18.4 cents, ahead of analysts' average expectations.No dividends were paid during the first quarters of 2012 or 2011.U.S. rival Zimmer's (ZMH) first-quarter results last month showed continued weakness in the market for replacement hip and knees, hurt by the ongoing economic slowdown as patients, reluctant to take time off work, postponed procedures.Still, there are indications the declines could be moderating.U.S. r...

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    1. Zimmer 4Q Net Surges Over Challenged Year-Ago; Revenue Up

      DOW JONES NEWSWIRESZimmer Holdings Inc.'s (ZMH) fourth-quarter earnings soared over year-earlier results hit by a sizable write-down, although the maker of orthopaed...

    2. Zimmer Holdings 4Q Profit Off 78% On Spine Operations Write-Down

      Zimmer Holdings Inc.'s (ZMH) fourth-quarter profit slid 78% on a goodwill impairment charge tied to its spine products business, though results topped the company's ...

    3. Smith & Nephew Shares Jump Again On Newspaper Takeover Report

      LONDON -(Dow Jones)- Shares in U.K.-based Smith & Nephew PLC (SN.LN) jumped 4% in early business Monday after the Sunday Times newspaper reported that U.S. pharmaceu...

    4. LONDON MARKETS: Miners Drag London To Lower Close

      LONDON (MarketWatch) -- London's benchmark stock index ended lower Friday, weighed down by losses across the mining sector, while shares of technology firm ARM Holdi...

    5. LONDON MARKETS: Miners' Weakness Weighs On London Shares

      LONDON (MarketWatch) -- London's benchmark stock index declined on Friday, weighed down by the mining sector, while shares of technology firm ARM Holdings PLC rallie...

    6. Smith & Nephew Denies In M&A Talks, Shares Fall

      LONDON -(Dow Jones)- U.K.-based Smith & Nephew PLC (SN.LN) took the unusual step Friday of denying it was in any takeover talks after market speculation pushed share...

    7. Smith & Nephew: Not Engaged In Deal Talks

      LONDON -- Medical-device firm Smith & Nephew PLC said Friday it's not involved in talks that could result in a merger or a takeover of the company. The statement fol...

    8. Medical-Device Makers and Massachusetts

      Lazard Capital Vice President Dr. Sean Levin on how the Senate decision in Massachusetts may trickle down to impact medical-device manufacturers.

    1. Stryker 1Q Profit Up 14% On Sales Strength

      DOW JONES NEWSWIRESStryker Corp.'s (SYK) first-quarter earnings rose 14% as the medical-device maker saw sales of its hip and knee replacements increase, providing f...

    2. Biomet 3Q Loss Widens On Charges; Sales Grow 5%

      Privately held Biomet Inc. reported modestly higher sales of hip and knee replacements for its most recent quarter, providing hope to investors the orthopedic market...

    3. Biomet Offers To Buy DePuy Trauma Business For $280 Million

      DOW JONES NEWSWIRESBiomet Inc. has made a binding offer to acquire the global trauma business of Johnson & Johnson's (JNJ) DePuy Orthopaedics Inc. for about $280 mil...

    4. Are Employers Invading Your Privacy?

      James Andrews discusses some employers' practice of requesting social media passwords.

    5. Biomet To Settle Bribery Charges For $23 Million

      DOW JONES NEWSWIRESMedical-device company Biomet Inc. has agreed to pay about $23 million to settle civil and criminal charges stemming from allegations the company'...

    6. Biomet To Settle With DOJ, SEC On Bribery Charges For $22.7Mln

      DOW JONES NEWSWIRESMedical-device company Biomet Inc. has agreed to pay about $22.7 million to settle civil and criminal charges stemming from allegations the compan...

    7. Biomet To Pay $22 Million To Settle Bribe Charges

      The Securities and Exchange Commission on Monday charged medical device firm Biomet Inc. with violations of the Foreign Corrupt Practices Act for bribing public doct...

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