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BUSINESS BRIEFS.(TO THE POINT)
MEDICAL
HCA beats as taxes, bad debt fall
The hospital operator earned 70 cents a share in Q4, up 21% and 4 cents over views, boosted by a lower tax rate and bad-debt expense. Revenue rose 5% to $5.9 bil. Hospital and surgical centers in operation for over a year increased their revenue per admission by 6.5%, but same facility admissions fell 1.4%. HCA sees '05 profit of $2.75-$2.90 a share vs. views of $2.83. Shares rose 1% to 45.
Medicare to add impotence drugs
The government's new prescription benefits will cover sexual performance drugs like Pfizer's Viagra, Eli Lilly's Cialis and GlaxoSmithKline's Levitra, along with high blood pressure and heart disease medications. The law, which takes effect Jan. 1, 2006, says impotence drugs will be prescribed only when medically necessary. Pfizer fell 1% to 23.86; Lilly rose 1% to 54.76; Glaxo dipped 2 cents to 44.55.
Stent sales ...
- Boston Scientific posts $297 million profit and Becton, Dickinson declares 18...
- Press release article from: M2 Presswire February 2, 2005 700+ words
...February 2005-FNWU: Boston Scientific posts $297 million...Dickinson declares 18 cent dividend(C...Medical device maker Boston Scientific Corp. said Tuesday...dividend of 18 cents per common share...dividend rate is 72 cents per share. A second...
- Bellwether Report.com Announces an Alert for Boston Scientific Corp.
- Press release article from: M2 Presswire September 25, 2006 700+ words
...a penny and 5 cents a share. On an adjusted basis, Boston Scientific forecast earnings...million, or 15 cents to 19 cents a...earnings of 16 cents a share, on average...Mass.-based Boston Scientific said third-quarter...
- FTC clears the way for Boston Scientific's acquisition of Guidant.
- Newspaper article from: Saint Paul Pioneer Press (St. Paul, MN) April 20, 2006 700+ words
...Cardiac Rhythm Management. Boston Scientific also must fend off a federal...successful product lines _ Boston Scientific's drug-coated stents...In trading Thursday, Boston Scientific shares were up 47 cents to $22.26, Guidant...
- Guidant deal over last hurdle: Boston Scientific expected to complete $27.5...
- Newspaper article from: Saint Paul Pioneer Press (St. Paul, MN) April 21, 2006 700+ words
...Cardiac Rhythm Management. Boston Scientific also must fend off a federal...successful product lines -- Boston Scientific's drug-coated stents...In trading Thursday, Boston Scientific shares were up 47 cents to $22.26, Guidant...
- Current Research on Boston Scientific Corp.
- Press release article from: M2 Presswire June 15, 2007 700+ words
...Management, added, "Boston Scientific definitely wants to get...toward cost cutting." Boston Scientific shares were down 5 cents to $16.00 in early New...trade. More information on Boston Scientific Corp available in the members...
- Boston Scientific stent regains market share, despite August sales.
- Newspaper article from: Medical Devices & Surgical Technology Week September 26, 2004 700+ words
...president Paul LaViolette. Boston Scientific on September 1, 2004...and a profit of 45 cents to 47 cents per share...profits to come in at 48 cents per share on sales...through September. Boston Scientific expects fourth-quarter earnings of 48 cents to 51 cents ...
- Natick, Mass.-Based Boston Scientific Files Countersuit against Stent Provider.
- Newspaper article from: Knight Ridder/Tribune Business News May 1, 2001 700+ words
...when Tobin, who joined Boston Scientific in 1999, learned about...Project Independence. Boston Scientific stressed that no stents...for them. Yesterday, Boston Scientific shares rose 87 cents to close at $15.88 on...
- Boston Sci ups bid for Guidant to $25.3 billion; Boston Scientific's new offer...
- Newspaper article from: Star Tribune (Minneapolis, MN) Moore, Janet January 13, 2006 700+ words
...Landy points to Boston Scientific's 2004 launch of...Taxus launch, the Boston Scientific product soon became...they'd rather own. Boston Scientific's new bid involves...be increased by 12 cents for each day between...
