St. Jude Medical (STJ) Reports In-Line Q4 EPS; Issues Light Q1 EPS Outlook

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St. Jude Medical (STJ) PT, Estimates Trimmed at Needham & Company Post Q4; Top Rating Maintained

January 28, 2015 11:29 AM EST

Needham & Company analyst Mike Matson trimmed estimates and his price target on St. Jude Medical (NYSE: STJ) following Q4 results but maintained a Strong Buy rating. The analyst believes underlying growth will improve in 2015.

Matson commented, "STJ's 4Q14 results were consistent with its 1/14/15 preannouncement.... More

St. Jude Medical (STJ) FlexAbility Approved by FDA

January 27, 2015 4:37 PM EST

St. Jude Medical (NYSE: STJ) announced U.S. Food and Drug Administration (FDA) approval of the FlexAbility Ablation Catheter, a new ablation technology used by electrophysiologists for the treatment of cardiac arrhythmias. Designed with feedback from leaders in the electrophysiology community, the FlexAbility catheter combines a bendable irrigated catheter tip with an advanced handle and next generation shaft design. The unique flexible tip was developed to conform better to the cardiac anatomy, allowing for effective lesion formation. This added flexibility, in addition to the catheters ability to maneuver easily and reliably in challenging... More

Trading Radar for 1/28: Facebook (FB), Boeing (BA), General Dynamics (GD), Sands (LVS), Qualcomm (QCOM) Report

January 27, 2015 2:26 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EST

MBA Mortgage Index - no Street consensus

Earnings:

Booz Allen Hamilton (NYSE: BAH) - consensus EPS $0.34
ADT Corp. (NYSE: ADT) - consensus EPS $0.49
Abiomed (Nasdaq: ABMD) - consensus EPS $0.04
Alliance Holdings Gp,l.p. (Nasdaq: AHGP) - consensus EPS $1.17
American Electric Power (NYSE:... More