Latest Medical technology News
Call it Cognac diplomacy. France offered China’s Xi a special drink, in a wink at their trade spat
PARIS (AP) — How do you smooth over trade tensions with the all-powerful leader of economic powerhouse China? Charm him with a bottle of Cognac, or two. That seemed to be French President Emmanuel Macron’s strategy with his carefully selected gift list for visiting Chinese...
BioCryst Pharmaceuticals, Freshpet rise; Luminar, Integra fall, Tuesday, 5/6/2024
Stocks that are trading heavily or have substantial price changes on Monday: Paramount Global (PARA), up 32 cents to $13.22. The owner of Paramount Pictures and CBS is reportedly considering a sale to Sony Pictures and Apollo Global Management. Vistra...
Alabama lawmakers vote to create new high school focused on healthcare, science
MONTGOMERY, Ala. (AP) — Alabama lawmakers on Thursday gave final approval to legislation creating a new high school focused on preparing students for careers in healthcare, science and technology. The Alabama School of Healthcare Sciences will be a tuition-free public high school....
LeMaitre: Q1 Earnings Snapshot
BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — LeMaitre Vascular Inc. (LMAT) on Thursday reported first-quarter net income of $9.9 million. The Burlington, Massachusetts-based company said it had net income of 44 cents per share. The results surpassed Wall...
Hologic: Fiscal Q2 Earnings Snapshot
MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Hologic Inc. (HOLX) on Thursday reported fiscal second-quarter earnings of $169.9 million. The Marlborough, Massachusetts-based company said it had net income of 72 cents per share. Earnings, adjusted for one-time gains and...
Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its business. Shares slid 12%, to $2.81. Peloton has been working on a...
InMode: Q1 Earnings Snapshot
YOKNEAM, Israel (AP) — YOKNEAM, Israel (AP) — InMode Ltd. (INMD) on Thursday reported earnings of $23.7 million in its first quarter. On a per-share basis, the Yokneam, Israel-based company said it had profit of 28 cents. Earnings, adjusted for non-recurring costs and stock...
Companies shift profits into record dividends, but show more caution on stock buybacks
NEW YORK (AP) — Companies continued rewarding investors with healthy dividends in 2023 even as they tread more cautiously with returning profits through stock buybacks. Dividends hit a record $1.66 trillion globally last year, while stock buybacks eased. Investors can likely expect...
Baxter: Q1 Earnings Snapshot
DEERFIELD, Ill. (AP) — DEERFIELD, Ill. (AP) — Baxter International Inc. (BAX) on Thursday reported first-quarter profit of $37 million. On a per-share basis, the Deerfield, Illinois-based company said it had net income of 7 cents. Earnings, adjusted for non-recurring costs and...
Silk Road Medical: Q1 Earnings Snapshot
SUNNYVALE, Calif. (AP) — SUNNYVALE, Calif. (AP) — Silk Road Medical Inc. (SILK) on Tuesday reported a loss of $14.1 million in its first quarter. The Sunnyvale, California-based company said it had a loss of 36 cents per share. The results exceeded Wall Street...
