Medtronic Net Up on Higher ICD Sales
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Medtronic Inc. (MDT.N: Quote, Profile, Research) on Wednesday said its quarterly earnings rose on surprisingly brisk demand for devices that slow racing heartbeats, offsetting a weaker-than-expected performance in some ...
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Medtronic Inc. MDT.N on Monday said  U.S. regulators approved its Insync Sentry implantable  defibrillator (ICD) months earlier than it expected.
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Medco Health Solutions Inc   reported better-than-expected quarterly earnings on Tuesday,  helped by sales of generic drugs, and the pharmacy benefit  manager boosted its full-year profit forecast, sending its  shares higher.
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The medical device and drug maker credited strong sales of its migraine and Crohnâs disease treatments.
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EMC Corp , the No. 1 maker of corporate data storage equipment, reported higher quarterly profit on Thursday on an increase in sales of both hardware and software.
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Photon Dynamics Inc. PHTN.O, shares  rose after the closing bell, when the company raised its  quarterly revenue forecast, citing a higher proportion of sales  of repair systems.
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Health insurer posted a rise in quarterly net profit as  increased membership boosted revenue.
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Medtronic Inc. MDT.N on Wednesday  said its quarterly earnings rose on brisk demand for devices  that manage irregular heart beats and products used to treat  the spine.
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Orthopedic device maker Biomet Inc.  BMET.O on Friday reported higher quarterly earnings before  acquisition charges as sales of its hip and knee replacements  increased.
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Circuit City Stores, the electronics chain, said yesterday that second-quarter sales rose 8.8 percent, as the acquisition of Canada&#39;s InterTan helped the company record its biggest revenue gain in two years.
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Medco Health Solutions Inc. , one of the largest U.S. managers of drug benefits, said on Wednesday that profit rose 29 percent, as higher rates of mail-delivered generic drugs drove better profit margins, and it lifted its full-year earnings forecast.
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Pfizer Inc.  on Thursday said  second-quarter earnings from continuing operations rose about  13 percent on higher sales of medicines like cholesterol  fighter Lipitor and Celebrex for arthritis.
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Stryker Corp , which this week said it was recalling some of its artificial hip products, on Wednesday reported higher fourth-quarter profit on increased sales of its orthopedic implants and surgical equipment.
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The drugmaker said its third-quarter earnings more than doubled on a surge in sales of its blood thinner Plavix, and it raised its outlook for adjusted 2007 earnings.
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The Centers for Medicare &amp; Medicaid Services (CMS) today proposed to expand coverage of implantable cardioverter defibrillators (ICDs), a move expected to save thousands of lives a year.
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Profit at Tyco&#39;s electronics unit rose more than fourfold in the quarter as revenue climbed 15 percent on higher sales volume in automotive, communications, computer and consumer electronics.
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Medtronic Inc.  reported higher quarterly profit on Tuesday as demand for its spine, vascular and neurology products offset weak sales of its implantable devices to shock racing hearts back to normal rhythm.