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Industry Center - Medical Instruments & Supplies
Industry Center > Medical Instruments & Supplies
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Industry Market Summary
Medical Instruments & Supplies
Composite Value: 1148.3
Today's Change: -0.58%
S&P 500: -0.73%
chart for
[Medical Instruments & Supplies (^YHOh790)]
Medical Instruments & Supplies News
Cardica Issues Statement Regarding Broadfin
Wed 5:30 pm ET (PR Newswire)
REDWOOD CITY, Calif., Oct. 22, 2014 /PRNewswire/ -- Cardica, Inc. (CRDC) today confirmed that Broadfin Capital, LLC has filed its preliminary proxy statement with the Securities and Exchange Commission stating that it intends to solicit proxies to vote in favor of its three director nominees at the company's 2014 Annual Meeting of Stockholders. Cardica remains open to reaching a mutually acceptable resolution to avoid a costly proxy contest and is willing to consider reconstituting the Board further. We are interested in interviewing Broadfin's nominees and are willing to consider adding nominees that meet Broadfin's previously stated criteria of "Board members that have experience running public companies during the launch of major products." Cardica again invites Broadfin to provide the Board the opportunity to interview Broadfin's nominees and reopen constructive dialogue to avoid this costly path of a proxy contest. We take the views of our stockholders seriously. In particular, we have engaged in an extensive dialogue with Broadfin since June 2014 in a good faith effort to reach a resolution that benefits all stockholders. The interaction has included numerous meetings and phone calls with Broadfin and repeated attempts by Cardica to enter into a confidentiality agreement so we could provide Broadfin the requested material non-public information. However, despite our efforts to work constructively, Broadfin has not been in contact with us since our September 30 invitation to discuss a path to settlement.
IMRIS to Hold Third Quarter 2014 Financial Results Conference Call - (CNW Group)
Tornier Announces Third Quarter 2014 Conference Call - (GlobeNewswire)
More News on Medical Instruments & Supplies: Latest News,
Industry Top Performers
Intraday Price Performance% ChangeMarket Cap
TSO3 INC [TOS.TO] +18.02% $0
GOLDEN MEDITECH [0801.HK] +4.00% $0
AMPLIFON [AMP.MI] +2.95% $21.5 B
ERBA Diagnostics, Inc. Common S [ERB] +2.90% $124.6 M
More Top Intraday Price Performers...
Market Capitalization% ChangeMarket Cap
Covidien plc. Ordinary Shares ( [COV] -2.06% $40.3 B
Baxter International Inc. Commo [BAX] -0.41% $37.2 B
Becton, Dickinson and Company C [BDX] +0.33% $23.7 B
ESSILOR INTL [EI.PA] +0.66% $17.3 B
ADVANCED MED SOL [AMS.L] +0.62% $12.9 B
More Top Companies by Market Cap...
More Top Performers: by Valuation, by Growth, by Financial Strength
Industry Calendar
Upcoming Events
Date Co Event
10/22/14 BCR C R Bard Inc Earnings Call (Q3 2014)
10/23/14 MMSI Merit Medical Systems Inc Earnings Call (Q3 2014)
10/23/14 AMP.MI Amplifon SpA Q3 2014 Earnings Release
More Upcoming Events...
Recent Events
Date Co Event
10/21/14 WAT Waters Corporation Common Stock upside earnings surprise (+6.98%)
10/20/14 CFN CareFusion Corporation Common S downgraded by Stifel
10/09/14 ANGO AngioDynamics, Inc. upside earnings surprise (+45.45%)
More Recent Events...
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Enter Symbol:
Industry Statistics
Market Capitalization:251B
Price / Earnings:29.5
Price / Book:21.2
Net Profit Margin (mrq):12.5%
Price To Free Cash Flow (mrq):-908.6
Return on Equity:15.1%
Total Debt / Equity:50.4
Dividend Yield:1.6%
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