Latest Medical technology News

Integer: Q1 Earnings Snapshot

Apr. 25, 2024 08:18 AM EDT

PLANO, Texas (AP) — PLANO, Texas (AP) — Integer Holdings Corp. (ITGR) on Thursday reported first-quarter profit of $20.5 million. On a per-share basis, the Plano, Texas-based company said it had profit of 59 cents. Earnings, adjusted for amortization costs and costs related to...

West Pharmaceutical: Q1 Earnings Snapshot

Apr. 25, 2024 06:09 AM EDT

EXTON, Pa. (AP) — EXTON, Pa. (AP) — West Pharmaceutical Services Inc. (WST) on Thursday reported first-quarter net income of $115.3 million. On a per-share basis, the Exton, Pennsylvania-based company said it had net income of $1.55. Earnings, adjusted for amortization costs,...

Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'

Apr. 24, 2024 17:24 PM EDT

NASHVILLE, Tenn. (AP) — Oracle Corp.'s planned campus in Nashville, Tennessee, will serve as the business software giant's world headquarters, placing it in a city that's a center for the U.S. health care industry, company Chairman Larry Ellison said. Ellison spoke about Oracle's...

Texas Instruments, Mattel rise; General Dynamics, Teledyne fall, Wednesday, 4/24/2024

Apr. 24, 2024 16:18 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Tesla Inc., up $17.45 to $162.13. The electric vehicle maker plans to accelerate production of new, more affordable vehicles. Visa Inc., up 91 cents to $275.02. ...

The EU will probe whether China is unfairly denying companies access to its medical devices market

Apr. 24, 2024 07:55 AM EDT

BRUSSELS (AP) — The European Union announced on Wednesday an investigation into whether China is using unfair methods to deprive companies in Europe of access to its market for medical devices ranging from hypodermic needles to high-tech scanners. The probe launched by the European...

Boston Scientific: Q1 Earnings Snapshot

Apr. 24, 2024 06:51 AM EDT

MARLBOROUGH, Mass. (AP) — MARLBOROUGH, Mass. (AP) — Boston Scientific Corp. (BSX) on Wednesday reported first-quarter profit of $495 million. On a per-share basis, the Marlborough, Massachusetts-based company said it had profit of 33 cents. Earnings, adjusted for amortization...

UnitedHealth says wide swath of patient files may have been taken in Change cyberattack

Apr. 23, 2024 11:55 AM EDT

UnitedHealth says files with personal information that could cover a “substantial portion of people in America” may have been taken in the cyberattack earlier this year on its Change Healthcare business. The company said Monday after markets closed that it sees no signs that...

Haitians scramble to survive, seeking food, water and safety as gang violence chokes the capital

Apr. 21, 2024 13:52 PM EDT

PORT-AU-PRINCE, Haiti (AP) — As the sun sets, a burly man bellows into a megaphone while a curious crowd gathers around him. Next to him is a small cardboard box with several banknotes worth 10 Haitian gourdes — about 7 U.S. cents. “Everyone give whatever they have!” the man...

Abbott Labs tops Q1 expectations, raises low end of 2024 guidance range

Apr. 17, 2024 10:32 AM EDT

ABBOTT PARK, Illinois (AP) — Abbott Laboratories reported a first-quarter profit of $1.23 billion Wednesday. The company, based in Abbott Park, Illinois, posted net income of 70 cents per share. Earnings, adjusted for one-time gains and costs, were 98 cents per share. ...

Cyberattack costs hit UnitedHealth in 1Q that still turns out better than expected

Apr. 16, 2024 11:23 AM EDT

UnitedHealth Group trounced first-quarter expectations even as costs from a cyberattack to its Change Healthcare business ate into the company’s performance. The health care giant also said Tuesday that care patterns in the year’s first quarter met its expectations after soaring...