St. Jude Medical (STJ) is trading at $79.83 as of December 29, 2016, and has a 50-day moving average of $79.69 and a 200-day moving average of $79.75.
On December 8, 2016, St. Jude Medical (STJ) announced CE Mark approval for full body MR (magnetic resonance) conditional labeling for the Proclaim Elite SCS (spinal cord stimulation) System.
The EnSite Precision cardiac mapping system enables accurate diagnosis and treatment of cardiac arrhythmias.
The FTC (Federal Trade Commission) has approved the $25 billion acquisition of St. Jude Medical (STJ) by Abbott Laboratories (ABT) subject to certain conditions.
Short interest as a percentage of shares outstanding in Shell Midstream Partners (SHLX) stock for the settlement date of November 30, 2016, was 0.6%.
Praxair shares dropped 4.0% for the week ended December 23, 2016, and closed at $117.59, as many analysts believed that the proposed merger is more favorable to Linde shareholders.
On December 21, RPM announced that it has entered an agreement to acquire SPS Group.
On December 23, 2016, PPG Industries (PPG) announced that it entered an agreement with Knauf International to sell its Mexico-based Plaka plasterboard and cement board business.
Medtronic (MDT) announced a fiscal 3Q17 cash dividend of $0.43 per share on December 9, 2016. The dividend will be payable on January 13, 2017.
On December 1, 2016, Medtronic (MDT) announced the reimbursement approval and launch of its CoreValve Evolut R System in Japan.
Medtronic’s (MDT) Cardiac & Vascular Group segment is the company’s largest segment, contributing ~35% to its total revenue in fiscal 2Q17.
On November 29, 2016, Medtronic announced the CE Mark approval for its HVAD (Heartware ventricular assist device) left ventricular assist device (or LVAD) for less invasive implant procedures.
Medtronic is one of the major players in the diabetes care device market. It’s been focusing on its diabetes portfolio in recent years, aiming to expand its market share.
We’ll begin this series by looking at Wall Street analysts’ recommendations and target prices for Medtronic (MDT) over the next 12 months.
Short interest as a percentage of shares outstanding in Plains All American Pipeline stock has fallen to 0.7% as of November 30, 2016.
Forward price-to-earnings (forward PE) is a relative valuation method that considers a company’s future earnings.
On December 1, 2016, Eastman Chemical (EMN) announced a dividend of $0.51 per share for 4Q16.
As of December 22, 2016, 18 brokerage firms are actively tracking Eastman Chemical (EMN) stock.
In the first nine months of 2016, Eastman Chemical (EMN) reduced its debt. At the beginning of 1Q16, Eastman Chemical’s debt was ~$7.08 billion.
Eastman Chemical’s (EMN) stock performance from November 1 to December 21, 2016, was on par with the broader markets (SPY) with a return of 6.2%.