Theranos founder and former chief executive Elizabeth Holmes was sentenced to 135 months, or over 11 years, in prison, putting an endpoint on the unraveling of a onetime vigorously hyped Read more
Tag: Medical Equipment/Supplies
Siemens Healthineers posts forecast-beating earnings and revenue, driven by imaging division
Siemens Healthineers on Wednesday posted rising earnings and revenue for the fourth quarter of its fiscal year that beat expectations, driven by the imaging division. The German healthcare company SHL, Read more
This insulin-pump company’s stock is plunging, and executives say it’s because diabetics in U.S. can’t afford the technology
Tandem Diabetes Care Inc. shares plummeted more than 20% after the company reported earnings Wednesday, continuing a decline that has already cost the company two-thirds of its market value this Read more
Poseidon’s $10.9 billion take-private deal for Atlas Corp. sets sail at sweetened price
Atlas Corp. said Tuesday it has agreed to be acquired by Poseidon Acquisition Corp. in a $10.9 billion take-private deal about three months after the energy-generation- and container-ship-asset owner was Read more
This reliable indicator of recession has yet to buckle, and so the Fed won’t either, strategist says
As the Fed kicks off its two-day interest-rate setting meeting, the focus is on whether Jerome Powell & Co. stick to their hawkish tone or indicate the pace of rate Read more
Invisalign maker sees more than $3 billion in market cap start to disappear after earnings, revenue sink
Align Technology Inc. shares dove more than 18% in after-hours trading Wednesday, after the maker of Invisalign teeth straighteners reported that profit fell more than 50% and sales declined more Read more
3M says inflation has seen a ‘little moderation,’ while smartphone demand has been soft
3M Co. has its hands in so many markets, including consumer products, electronics, health care, safety and transportation, that when it talks about the economy and demand trends, investors should Read more
EssilorLuxottica sales rise thanks to strong Europe sales, China reopening
EssilorLuxottica SA said Friday that revenue in the third quarter picked up thanks to strong sunglasses sales in Europe over the summer and reopenings in China. The Franco-Italian eyewear group Read more
Patients are getting surgeries again, says J&J
Johnson & Johnson JNJ, +0.10% said surgical procedure volumes are returning to pre-pandemic levels in many parts of the world, a trend that cheered Wall Street and could bode well Read more
Walmart to begin selling hearing aids
Walmart Inc. WMT, +1.00% is the latest retailer to begin selling hearing aids online and in its stores. The retail giant said it will begin selling two brands of hearings Read more
- 1
- 2