Showing posts with label St. Jude Medical. Show all posts
Showing posts with label St. Jude Medical. Show all posts

Thursday, March 17, 2011

St. Jude (STJ) CEO Arrested for Possession of Ammunition

St. Jude Medical (NYSE:STJ) chief executive officer Daniel Starks was arrested in India for being in possession of ammunition at an airport.

He was arrested by airport police in New Delhi.

A St. Jude spokeswoman said in a statement, "Mr. Starks was detained by airport police on March 16 after a single shell was inadvertently left in an item of his clothing and discovered when he was traveling through the New Delhi airport."

"He is fully cooperating with local authorities to resolve the matter."

There was no word on when the company expected Starks to be released.

St. Jude was trading at $47.29, gaining $0.31 or 0.66 percent, as of 11:36 AM EDT.

Tuesday, January 4, 2011

JPMorgan (NYSE:JPM) MedTech Favorites Include St. Jude (NYSE:STJ), Covidien (NYSE:COV), Insulet (Nasdaq:PODD), BioMimetic Therapeutics (Nasdaq:BMTI)

JPMorgan (NYSE:JPM) gave their 2011 outlook on numerous companies within the MedTech sector today, with their favorites being St. Jude (NYSE:STJ), Covidien (NYSE:COV), Insulet (Nasdaq:PODD) and BioMimetic Therapeutics (Nasdaq:BMTI)

Those companies with the sector JPMorgan expects to outperform include Becton, Dickinson and Company (NYSE:BDX), Stryker (NYSE:SYK), Varian Medical (NYSE:VAR), Edwards Lifesciences (NYSE:EW), Nxstage Medical (Nasdaq:NXTM), Hologic (Nasdaq:HOLX), Heartware (Nasdaq:HTWR), Volcano (Nasdaq:VOLC) and SonoSite (Nasdaq:SONO).

MedTech companies viewed with downside by JPMorgan are Intuitive Surgical (Nasdaq:ISRG), Boston Scientific (NYSE:BSX), Medtronic (NYSE:MDT), Wright Medical Group (Nasdaq:WMGI), CareFusion (NYSE:CFN), Thoratec (Nasdaq:THOR) NuVasive (Nasdaq:NUVA), Mako Surgical (Nasdaq:MAKO) and American Medical Systems (Nasdaq:AMMD).

St. Jude closed Tuesday at $42.28, losing $0.47, or 1.10 percent. Covidien closed at $47.45, gaining $1.79, or 3.92 percent. Insulet ended the day at $16.07, up $0.57, or 3.68 percent. BioMimetic Therapeutics closed at $13.46, up $0.76, or 5.98 percent.