Wells Fargo Downgrades St. Jude Medical (STJ) to Market Perform

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FDA Voices Concern Over St. Jude (STJ) Durata Lead Testing; Shares Fall

November 21, 2012 12:15 PM EST

St. Jude (NYSE: STJ) is getting hit Wednesday following criticism from the FDA over the company's Durata defibrillator leads.

The FDA said that St. Jude failed to follow proper inspection procedures at its Irvine, California-based facility. The FDA inspection was date from September... More