Needham & Company Raises Price Target on St. Jude Medical (STJ) Following Strong 1Q Results

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St. Jude Medical Reports First Quarter 2016 Results

April 20, 2016 7:15 AM EDT

ST. PAUL, Minn.--(BUSINESS WIRE)-- St. Jude Medical, Inc. (NYSE: STJ), a global medical device company, today reported sales and net earnings for the first quarter ended April 2, 2016.

First quarter 2016 highlights:

Net sales of $1.448 billion increased 8 percent as reported, or 2 percent on a comparable constant currency basis, at the high end of the companys guidance range. St. Jude Medical has successfully completed its integration of Thoratec; left ventricular assist device (LVAD) sales grew strong double digits on a comparable constant currency basis.... More

St. Jude Medical Announces New EnSite Precision Cardiac Mapping System Limited Market Release in Nine Countries Across Europe Since CE Mark

April 19, 2016 8:02 AM EDT

Prominent European electrophysiology labs and hospitals have embraced the next generation mapping systems automation, flexibility and precision for tailoring treatment for patients with cardiac arrhythmias

ST. PAUL, Minn.--(BUSINESS WIRE)-- St. Jude Medical, Inc. (NYSE: STJ), a global medical device company, today announced expansion of its EnSite Precision cardiac mapping system limited market release in Europe and use of the new platform in more than 600 cases in nine countries since receiving CE Mark in January 2016. The mapping system is a next-generation platform designed to provide automation, flexibility and precision for tailored... More

St. Jude Medical Announces Launch and First US Implants of MultiPoint Pacing Technology

April 18, 2016 8:00 AM EDT

The St. Jude Medical MultiPoint Pacing technology advances options for clinicians to tailor therapy for heart failure patients

ST. PAUL, Minn.--(BUSINESS WIRE)-- St. Jude Medical, Inc. (NYSE: STJ), a global medical device company, recently received U.S. Food and Drug Administration (FDA) approval of the companys proprietary, first-to-market... More