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Stryker names Spencer Stiles President and Chief Operating Officer
Globenewswire· 2025-12-04 13:30
Core Viewpoint - Stryker has appointed Spencer Stiles as President and COO, effective January 1, 2026, to enhance growth and leverage its portfolio [1][2] Group Leadership Changes - Spencer Stiles, a 27-year veteran of Stryker, will lead global businesses, strategy, and M&A, bringing extensive experience from his previous role as Group President of Orthopaedics and Spine [2][3] - Dylan Crotty will succeed Stiles as Group President of Orthopaedics, having spent 27 years at Stryker and previously serving as President of Instruments [3] Company Overview - Stryker is a global leader in medical technologies, impacting over 150 million patients annually through innovative products and services in MedSurg, Neurotechnology, and Orthopaedics [4]
Medical Care Technologies Inc. (OTC PINK:MDCE) Announces CEO Insider Purchase of 50 Million Shares of MDCE Common Stock
Accessnewswire· 2025-11-20 14:30
Core Insights - The CEO of Medical Care Technologies Inc., Marshall Perkins, has demonstrated a long-term alignment with shareholders by purchasing 50,000,000 shares of the company's common stock at an average price of $0.0003 per share on November 19, 2025 [1] Company Actions - The open-market investment by the CEO reflects a commitment to transparency, excellence, and innovation within the company [1]
Covalon Technologies Ltd. Announces Payment of First Ever Dividend, Marking a Milestone in Financial Strength
Businesswire· 2025-11-19 22:30
Core Points - Covalon Technologies Ltd. announced its first-ever special cash dividend of C$0.15 per common share, to be paid on November 18, 2025, indicating strong financial performance [1] Financial Performance - The declaration of the special dividend reflects the company's continued success in accelerating the adoption of its unique, patented medical technologies [1]
Teleflex to Present at the Jefferies Global Healthcare Conference in London
Globenewswire· 2025-11-14 11:30
Group 1 - Teleflex Incorporated will present at the Jefferies Global Healthcare Conference in London on November 18, 2025, at 10:00 a.m. GMT [1] - A live audio webcast of the presentation will be accessible on the investor section of the Teleflex website [1] Group 2 - Teleflex is a global provider of medical technologies focused on improving health and quality of life [2] - The company aims to be the most trusted partner in healthcare, offering a diverse portfolio in various therapy areas including anesthesia, emergency medicine, interventional cardiology, radiology, surgical, vascular access, and urology [2] - Teleflex believes in the potential of people, purpose-driven innovation, and world-class products to shape the future of healthcare [2] Group 3 - Teleflex is home to several trusted brands including Arrow™, Barrigel™, Deknatel™, LMA™, Pilling™, QuikClot™, Rüsch™, UroLift™, and Weck™, all united by a common purpose [3] - The company emphasizes its commitment to empowering the future of healthcare [3]
Teleflex Announces Third Quarter 2025 Earnings Conference Call Information and Vascular Intervention Investor Virtual Meeting Details
Globenewswire· 2025-10-16 20:30
Core Points - Teleflex Incorporated will host a conference call on November 6, 2025, at 8:00 a.m. Eastern Time to discuss its third quarter financial results and provide an operational update [1] - An audio replay of the call will be available starting at 11:00 a.m. Eastern Time on the same day [2] - A virtual meeting regarding the recent Vascular Intervention business acquisition will take place on November 14, 2025, at 8:00 a.m. Eastern Time [3] Company Overview - Teleflex is a global provider of medical technologies focused on improving health and quality of life [4] - The company aims to be the most trusted partner in healthcare, offering a diverse portfolio in various therapy areas including anesthesia, emergency medicine, interventional cardiology, and more [4] - Teleflex is associated with several trusted brands such as Arrow™, Barrigel™, and UroLift™, which are united by a common purpose [5]
J&J Announces Second Major Spinoff, Plans to Separate Orthopedics Division
Yahoo Finance· 2025-10-16 05:46
Core Insights - Johnson & Johnson (NYSE: JNJ) is undergoing significant restructuring, including a second major spin-off of its orthopedics division, which is expected to be completed within 18 to 24 months [2][4] - The company anticipates revenue growth exceeding 5% in 2024, surpassing analysts' expectations of 4.6%, and projects adjusted earnings to exceed Wall Street's estimate of $11.39 per share by up to 5 cents [3] - Johnson & Johnson has maintained a strong dividend tradition, raising its payouts for 63 consecutive years, with a current quarterly dividend of $1.30 per share and a dividend yield of 2.74% as of October 14 [6] Company Developments - The orthopedics division, which generated approximately $9.2 billion in revenue last year, accounts for about 10% of the company's total sales [4] - The new company formed from the spin-off will be named DePuy Synthes and will be led by industry veteran Namal Nawana [4] - In 2023, Johnson & Johnson initiated a two-year restructuring plan for its orthopedics unit, which includes market exits and product discontinuations, following the spin-off of its $15 billion consumer health business into Kenvue [5]
Jim Cramer Believes Lawsuits Are No Longer a Major Threat to Johnson & Johnson
Yahoo Finance· 2025-10-04 21:01
Group 1 - Johnson & Johnson is focusing on innovative cancer drugs and medical devices, particularly in cardiovascular care, as highlighted by CEO Joaquin Duato [1][2] - The company is currently facing talc lawsuits, but there is a belief that the risk from asbestos and baby powder litigation has peaked, with J&J winning several cases [1] - J&J plans to continue fighting the lawsuits individually, with expectations that plaintiffs may eventually find it too costly to pursue [1] Group 2 - Johnson & Johnson develops a wide range of pharmaceuticals and medical technologies, including areas such as immunology, oncology, and cardiovascular care [2]
Stryker to announce financial results for its third quarter of fiscal year 2025
Globenewswire· 2025-10-01 12:00
Core Viewpoint - Stryker is set to report its financial results for the third quarter of fiscal year 2025 on October 30, 2025, with a press release and a subsequent webcast to discuss the results [1][2]. Financial Reporting - The financial results will be announced in a press release at approximately 4:05 p.m. ET on October 30, 2025, covering the third quarter that ended on September 30, 2025 [1]. - A webcast will be held at 4:30 p.m. ET on the same day to discuss the results, with an archive available two hours after the live call [2]. Company Overview - Stryker is a global leader in medical technologies, focusing on improving healthcare through innovative products and services in MedSurg, Neurotechnology, and Orthopaedics [3]. - The company impacts over 150 million patients annually, highlighting its significant role in the healthcare sector [3].
What to Expect From Johnson & Johnson’s Q3 2025 Earnings Report
Yahoo Finance· 2025-09-26 12:11
Core Insights - Johnson & Johnson (JNJ) is a leading healthcare company with a market cap of $428 billion, focusing on pharmaceuticals, medical technologies, and consumer health products, and is set to announce its fiscal Q3 earnings for 2025 on October 14 [1] Financial Performance - Analysts project JNJ to report a profit of $2.78 per share for Q3 2025, reflecting a 14.9% increase from $2.42 per share in the same quarter last year [2] - For fiscal 2025, JNJ is expected to report a profit of $10.86 per share, an 8.8% increase from $9.98 per share in fiscal 2024, with further growth anticipated to $11.37 in fiscal 2026 [3] Stock Performance - Over the past 52 weeks, JNJ shares have increased by 10.7%, lagging behind the S&P 500 Index's 15.4% rise but outperforming the Health Care Select Sector SPDR Fund's 12.1% decline [4] - Following a strong Q2 performance, JNJ shares surged 6.2%, with overall revenue growing 5.8% year-over-year to $23.7 billion, exceeding consensus estimates by 3.8% [5] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for JNJ, with 11 out of 25 analysts recommending "Strong Buy," 2 suggesting "Moderate Buy," and 12 advising "Hold." The mean price target is $180.54, indicating a 1.6% potential upside from current levels [6]
Covalon Announces Departure of Executive Chair and the Appointment of its Largest Shareholder as New Chair
Businesswire· 2025-09-23 21:00
Core Points - Covalon Technologies Ltd. has announced the election of Mr. Abe Schwartz as Chair of the Board, succeeding Mr. Amir Boloor who has stepped down from his roles as director and Executive Chair [1] Company Summary - Mr. Abe Schwartz has been a member of the Covalon Board since 2008 and previously served as Board Chair from 2012 [1]