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Stryker Corp

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  • NEW YORK, Dec 24- U.S. stocks were set for a modestly higher open on Wednesday on the heels of a five-day winning streak that pushed the Dow and S&P 500 to new closing records and on the latest piece of economic data indicating the economy is strengthening. "Economic data has been consistently positive," said Peter Kenny, chief market strategist at Clearpool Group in...

  • *Equity markets close at 1 p.m. in holiday-shortened session. NEW YORK, Dec 24- U.S. stock index futures were little changed on Wednesday, after a five-day winning streak pushed the Dow and S&P 500 to new closing records and ahead of data on the labor market. *Equity markets will operate on a shortened trading schedule Wednesday, closing at 1 p.m. ahead of the Christmas...

  • Dec 19- A U.S. federal appeals court has slashed the damages that Zimmer Holdings Inc will have to pay Stryker Corp for infringing its patents on a surgical cleaning wand. Last year a jury in Grand Rapids, Michigan, awarded medical device maker Stryker $70 million in lost profits and found Zimmer's conduct to have been willful. A three-judge panel of the U.S. Court of...

  • Dec 8- Medical device maker Stryker Corp will pay the U.S. government $80 million to settle criminal and civil charges that its OtisMed Corp subsidiary sold devices used in knee replacement surgery without approval from the U.S. Food and Drug Administration. The company sold more than 18,000 OtisKnee cutting guides- which are designed to help surgeons make...

  • Dec 8- Medical device maker Stryker Corp will pay the U.S. government $80 million to settle charges that its OtisMed Corp subsidiary sold devices used in knee replacement surgery without approval from the U.S. Food and Drug Administration. The company sold more than 18,000 OtisKnee cutting guides- which are designed to help surgeons make accurate bone cuts in...

  • Midday movers: 3D Systems, Kate Spade, Nike & more Monday, 24 Nov 2014 | 12:26 PM ET

    Some of Monday's midday movers:

  • WASHINGTON, Nov 12- Republicans in the U.S. Congress will soon move to kill a medical device tax imposed less than two years ago under President Barack Obama's healthcare law, congressional aides and analysts said on Wednesday. Though no full-scale repeal of Obamacare is expected, even with the Senate now under Republican control, the move against the tax is part...

  • Republican knives out for Obama's medical devices tax Wednesday, 12 Nov 2014 | 5:25 PM ET

    Last week's elections will elevate Republican Senator Orrin Hatch, a long-standing opponent of the tax, to the chairmanship of the tax-writing finance committee in the Senate. Though no full-scale repeal of Obamacare is expected, even with the Senate under Republican control, the move against the device tax is part of efforts to chip away at the law.

  • Early Movers: BABA, DISH, CVS, TIME, JPM & more Tuesday, 4 Nov 2014 | 8:06 AM ET

    Some of the names on the move ahead of the open.

  • CORRECTED-Stryker settles hip implants lawsuit Monday, 3 Nov 2014 | 8:04 PM ET

    Nov 3- Orthopedics company Stryker Corp said its settled a compensation lawsuit related to its hip implant, and said it did not expect the settlement to hurt its profit. Stryker will provide a base payment of $300,000 to patients who received the implant and underwent revision surgery by Nov. 3, to remove and replace the devices, plaintiffs' counsel Wendy...

  • Stryker settles hip implants lawsuit Monday, 3 Nov 2014 | 5:52 PM ET

    Nov 3- Orthopedics company Stryker Corp said its settled a compensation lawsuit related to its hip implant, and said it did not expect the settlement to hurt its profit. Stryker will provide a base payment of $300,000 to patients who received the implant and underwent revision surgery by Nov. 3, to remove and replace the devices, plaintiffs' counsel Wendy...

  • Unknown election outcome is stocks' big fear Monday, 3 Nov 2014 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange, Oct. 17, 2014.

    A handful of toss-up Senate races could hold the key to whether stocks glide through the end of the year or get hit with a fresh bout of volatility.

  • US stock futures retain sharp losses after claims Thursday, 16 Oct 2014 | 8:32 AM ET

    U.S. stock index futures are signalling a lower open following widespread market volatility.

  • Traders looking for more economic headwinds Thursday, 16 Oct 2014 | 6:06 AM ET
    Traders on the floor of the New York Stock Exchange, October 15, 2014.

    After Wednesday’s market turbulence, traders will be watching Thursday’s economic reports for any further indications the U.S. economy is running into headwinds.

  • Market fear factors could linger Thursday Wednesday, 15 Oct 2014 | 7:57 PM ET
    Traders on the floor of the New York Stock Exchange, October 15, 2014.

    After Wednesday’s market turbulence, traders will be watching Thursday’s economic reports for any further indications the U.S. economy is running into headwinds.

  • July 17- U.S. orthopedics company Stryker Corp on Thursday reported slightly higher second-quarter profit that was in line with Wall Street expectations and said it was always in the market for deals. In the most recent such deal in the medical device sector, Medtronic Inc last month agreed to buy Covidien for $43 billion.

  • Stryker's second-quarter profit meets expectations Thursday, 17 Jul 2014 | 4:37 PM ET

    July 17- U.S. orthopedics company Stryker Corp on Thursday reported slightly higher second-quarter profit that was in line with Wall Street expectations on increased sales of reconstructive and surgical products. The company posted net profit of $215 million, or 56 cents per share, compared with a profit of $213 million, or 56 cents per share, a year ago.

  • *AbbVie raises bid to 53.20/ share from 51.15. *Bid comprises 24.44 stg cash and 0.8960 new AbbVie shares. LONDON, July 14- London- listed drugmaker Shire Plc succumbed to an increased 31 billion pounds takeover offer from Abbvie Inc on Monday, signaling the conclusion to a long-running courtship largely motivated by tax.

  • Lightning Round: Chiptole, Gilead & more Thursday, 19 Jun 2014 | 6:50 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Midday movers: Medtronic, Netflix, Tesla Motors & More Monday, 16 Jun 2014 | 12:12 PM ET
    NYSE EuroNext flag hangs outside the NYSE.

    Some of Monday's midday movers: