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Medtronic Reports Fourth Quarter and Fiscal Year 2016 Financial Results

Q4 Revenue of $7.6 Billion Grew 4% as Reported; 6% at Constant CurrencyQ4 GAAP Diluted EPS of $0.78; Q4 Non-GAAP Diluted EPS of $1.27FY16 Revenue of $28.8 Billion Grew 42% as Reported; 7% on a Comparable, Constant Currency Basis...

Restrained business performance for Dräger of First quarter of 2016

Order intake and net sales stable (net of currency effects)  Gross margin down due to negative currency and mix effects Functional costs down Negative result due to decline in gross profitLübeck – Drägerwerk AG & Co. KGaA recorded stable development (net...

McKesson Declares Quarterly Dividend May 25, 2016

The Board of Directors of McKesson Corporation declared a regular dividend of twenty-eight cents per share on Common Stock. The dividend will be payable on July 1, 2016, to stockholders of record on June 6, 2016.McKesson Corporation, currently ranked...

3M Announces Upcoming Investor Events

3M announced the following investor events:Bernstein’s 32nd Annual Strategic Decision Conference in New York, N.Y., on Thursday, June 2, 2016. Inge G. Thulin, chairman, president and chief executive officer, will speak at 10 a.m. EDT. Deutsche Bank Global Industrials and...

Md Anderson Systems And Varian Expand Relationship With Acquisition Of Truebeam Systems

Varian Medical Systems has announced The University of Texas MD Anderson Cancer Center signed an agreement to acquire six TrueBeam™ linear accelerators. Scheduled for delivery over the next 24 months, the six TrueBeam systems will be added to the...

Medtronic Plc to Acquisition of Gynecology Business from Smith & Nephew

Medtronic plc announced it has signed a definitive agreement to acquire Smith & Nephew's (NYSE: SNN; LSE: SN) gynecology (GYN) business for approximately $350 million. This agreement reinforces Medtronic's dedication to expanding the use of less invasive treatments and...

Fresenius Medical Care expects significant sales and earnings growth in 2016

Fresenius Medical Care, the world’s leading provider of dialysis products and services, expects significant sales and earnings growth in 2016. At the Annual General Meeting in Frankfurt today, CEO Rice Powell confirmed the full-year guidance announced in February. The...

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