Account
Zimmer Holdings Inc.'s (ZMH) first-quarter earnings rose 4.3% as the orthopedic-products maker recorded a drop in operating expenses, though revenue edged down slightly as the latest period included two fewer billing days in certain key markets.Like its peers in the orthopedics industry, Zimmer has faced a weak domestic market for reconstructive hip and knee products as people delay surgeries in a still-uncertain economic environment. In recent quarters, however, there are signs the declines are stabilizing.Earlier this month, rival orthopedic-medical-device maker Biomet Inc. reported its fiscal third-quarter loss widened as the company was bogged down by a large write-down, although revenue continued to climb and core earnings strengthened. And Stryker Corp.'s (SYK) first-quarter earnings fell 13% as the company was hurt by product-recall-related charges and other items that offset sales growth.Zimmer reported a profit of $218.6 million, or $1.28 a share, up from $209.6 million, or $1...
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...
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...
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...
James Andrews discusses some employers' practice of requesting social media passwords.
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'...
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...
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...
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...
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 ...
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...
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...
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...
Zimmer Holdings Inc.'s (ZMH) fourth-quarter earnings fell 2.4%, due in part to a write-down of its spinal device unit, while revenue improved on an uptick in U.S. sa...
Zimmer Holdings Inc.'s (ZMH) fourth-quarter earnings fell 2.4%, due in part to impairment and other charges, while revenue improved despite weak sales of hip and kne...
Starting January 1, medical-device makers must pay a new 2.3% excise tax on sales, regardless if they make a profit, to raise $30 billion over the next decade to pay...
Former Stryker CEO Steve MacMillan on the new product Steriplex that helps reduce the risks that patients get infections while at the hospital.
Zimmer Holdings Inc.'s (ZMH) third-quarter earnings fell 7% on inventory impacts and other special items as the maker of orthopedics products reported that currency ...
Merk Investments CIO Axel Merk weighs in on the direction of wealth and American society.
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 ...