Medical Action Acquires AVID

Disposable medical product supplier Medical Action Industries Inc (MDCI) has wrapped up its acquisition of custom procedure tray maker AVID Medical for $62.5 million in cash.    Virginia-bas...

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Gold eased in Europe on Tuesday as a rally that took the precious metal to two-month highs last week ran out of steam, but ongoing concerns over the health of the financial markets supported prices ne...

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Philips’ NextGen Diagnostic System

Koninklijke Philips Electronics NV (NYSE:PHG) has launched its next generation of cardiac ultrasound system, iE33 xMATRIX. The new system will provide a more efficient solution for echocardiograms in ...

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Philips’ NextGen Diagnostic System

Koninklijke Philips Electronics NV (NYSE:PHG) has launched its next generation of cardiac ultrasound , iE33 xM...

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Merge Upgraded To Neutral

We have upgraded Merge Healthcare (NASDAQ:MRGE) to Neutral with a target price of $2.75. Merge reported adjusted net loss per share of 3 cents compared with the Zacks Consensus Estimate of loss per sh...

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Philips’ NextGen Diagnostic System

Koninklijke Philips Electronics NV (NYSE:PHG) has launched its next generation of cardiac ultrasound , iE33 xMATRIX. T...

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Aggressive Growth Stock: Megellan Health Services

Magellan Health Services, Inc. (NASDAQ:MGLN) is up sharply since its latest earnings surprise. Thanks to estimate revisions, shares are still a good value and are showing stability in a rough market. ...

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U.S. crude oil futures prices rose on Wednesday as healthy economic data from China and Australia, soaring Asian auto sales and a weak dollar helped oil bounce after a more than 3 percent slump in the...

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Lobbying Charges Shrink For Humana

Humana Inc. (NYSE:HUM) spent $270,000 during the second quarter 2010 to encourage programs of health promotion or disease prevention. The lobbying charges were down by more than half from the $58...

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Covidien Wraps Up Asset Sale

Ireland-based healthcare product maker Covidien plc (NYSE:COV) has reportedly completed the divestiture of its Specialty Chemicals business, which manufactures and sells high-purity chemicals and rela...

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