*Q1 sales $49.9 million versus $50.3 million.
*Lobo succeeds interim CEO Curt Hartman* Hartman to leave company* CEO search had been underway since February* Stock falls 0.4 pct in midday trading By Toni Clarke. Oct 1- Medical device maker Stryker Corp on Monday named Kevin Lobo, head of its orthopedics unit, as president and chief executive following an eight-month search.
Oct 1- Medical device maker Stryker Corp named Kevin Lobo as Chief Executive. Interim CEO Curt Hartman resigned and will stay on as an adviser to assure a smooth transition, the company said. Lobo, who joined Stryker in April 2011, was the president for its orthopedics unit.
Take a look at some of Friday's midday movers:
Shares of Eastman Kodak dropped as much as 32.8 percent Wednesday following a Wall Street Journal story that the company is preparing for a possible bankruptcy filing.
Small caps closed above a key resistance level, confirming the market's bull trend.