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St. Jude Medical

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Covidien Shares Fall After Light Revenue Miss in 2nd Quarter

Surgical instruments maker Covidien PLC (COV), which posted disappointing quarterly revenue growth Friday, said tight budgets and shaky economies are causing potential patients in the U.S. and Europe to continue to delay medical treatment."We saw very little change in the market environment over the last several months, with no rebound in the U.S. in procedures of interest to us," said Jose Almeida in a conference call with analysts. "In Western Europe, austerity programs and the economic slowdown continue to pressure all of med-tech, with particular weakness in Spain and Italy."Covidien makes surgical products used in gastrointestinal, urology and general procedures.The medical-device and pharmaceutical company's fiscal second-quarter sales grew 5.3% to $3.1 billion, but were just shy of analysts' expectations of $3.12 billion. While the miss wasn't particularly big, it was the first time Covidien had disappointed on the top line since July of last year, according to Thomson Reuters."...

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    Edwards Lifesciences (EW) said a new version of its nonsurgical heart valve met its primary study goal in a late-stage trial, and that it would seek U.S. regulatory ...

  2. Medtronic's Blood-Pressure Device Shows Benefits After Two Years

    Medtronic Inc. (MDT) said its medical device for treating high blood pressure continued to benefit patients after two years, providing more data to support the adopt...

  3. Edwards Lifesciences Says Sapien XT Heart Valve Shows Similar Death Rate to Older Valve

    Edwards Lifesciences Corp. (EW) said that a new version of its nonsurgical heart valve met its primary study goal in a late-stage trial, and that it would seek U.S. ...

  4. St . Jude Medical Lifts Dividend 9%

    St. Jude Medical (NYSE:STJ) agreed to raise its dividend by 9% on Monday to 25 cents a share, payable on April 30 to shareholders of record on March 29.The St. Paul,...

  5. EnteroMedics Shares Plunge as Obesity Device Fails Trial

    EnteroMedics Inc. (ETRM) said its electric shock device for weight-loss failed to meet its key goal in a clinical trial, but that it would nonetheless forge ahead wi...

  6. St Jude Medical Plans to Acquire Pacemaker-Developer Nanostim

    St. Jude Medical Inc. (STJ) plans to acquire Nanostim Inc., a closely held maker of wireless pacemakers, St. Jude Chief Executive Dan Starks said Friday at his compa...

  7. St . Jude Medical Reports Lower Profit, Focus on New Products

    St. Jude Medical Inc.'s (STJ) earnings fell 4% in the fourth quarter as sales in its core heart-rhythm management business continued to decline as a result of increa...

  8. St Jude Medical Reports Lower Profit, Focus On New Products

    St. Jude Medical Inc.'s (STJ) earnings fell 4% in the fourth quarter as sales in its core heart-rhythm management business continued to decline as a result of increa...

  9. St . Jude 4Q Profit Slumps 2% on Soft Pacemaker Sales

    St. Jude Medical (NYSE:STJ) reported a decline in fourth-quarter sales and earnings on Wednesday but was upbeat on the current fiscal year.The St. Paul, Minn.-based ...

  10. St . Jude Tops EPS, Misses on Revenue

    Earnings HQ: FBN’s Diane Macedo breaks down STJ ’s fourth-quarter earnings report.

  11. St . Jude Medical 4th-Quarter Profit Off 4%, Issues Strong Outlook

    St. Jude Medical Inc.'s (STJ) fourth-quarter earnings fell 4% amid an increase in restructuring charges and other items, while the medical-device maker's revenue als...

  12. St . Jude Medical Profit Dips; Sales Off By 2%

    St. Jude Medical Inc. said Wednesday its fourth-quarter profit dipped to $120 million, or 39 cents a share, from $125 million, or 39 cents a share, in the year-ago p...

  1. Health-Care Companies Report Slowdown in Patient Visits

    The spike late last year in doctor and hospital visits apparently lasted as long as the flu.After years of decelerating health-care usage--linked to economic problem...

  2. Analysis: Ahead of reform, medical care slowdown hits companies

    As the clock ticks down to the start of a U.S. healthcare overhaul, companies from device makers to hospital chains have been surprised to see Americans make even fe...

  3. St Jude Medical Reports Higher Profit On Lower Costs

    St. Jude Medical Inc.'s (STJ) first-quarter earnings rose 5.2% as lower costs offset weaker sales, while the medical-device maker's core heart-rhythm-management busi...

  4. St . Jude Medical 1st-Quarter Profit Rose 5.2% as Lower Costs Offset Revenue Decline

    St. Jude Medical Inc.'s (STJ) first-quarter earnings rose 5.2% as lower costs offset weaker sales while the medical-device maker's core heart-rhythm management busin...

  5. St . Jude Medical Post Higher Quarterly Profit

    Medical device maker St. Jude Medical Inc said on Wednesday its quarterly earnings rose as expenses fell.First-quarter net earnings were $222 million, or 78 cents pe...

  6. Edwards Lifesciences' Heart Valve Still Shows Effectiveness

    The march to make open-heart surgery a thing of the past continues.Edwards Lifesciences Inc. (EW) said its Sapien nonsurgical heart valve for elderly patients showed...

  7. Plugging Hearts to Prevent Strokes Remains Area of Debate

    Mending a young person's broken heart may make for a good love story, but can it prevent strokes?That's a question the U.S. Food and Drug Administration is expected ...

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