Tag Archives: bad-request

St. Jude Medical Nabs Thoratec, Beats Q2 Estimates

Device giant St. Jude Medical (STJ) on Wednesday beat Q2 estimates and announced that it’s acquiring Thoratec (THOR) for $3.4 billion, sending the latter’s stock to a new high. Rumors that St. Jude and Thoratec were talking drove Thoratec’s stock up nearly 18% to close at 57.58 Tuesday, but the final price St. Jude agreed to topped that, at $63.50 a share in cash. Analysts generally applauded the deal, seeing Thoratec’s heart-failure technology as

Amazon Q2 Outlook: Losing Less Money, Sales Soaring

Amazon.com (AMZN) is set to report second-quarter earnings after the close Thursday with expectations it will maintain a string of double-digit percentage gains in revenue going back more than four years. The consensus estimate on Amazon Q2 results is revenue of $22.38 billion, up 16% from the year-earlier quarter. Analysts polled by Thomson Reuters expect a per-share loss minus items of 14 cents. That compares with a 27-cent loss in Q2 2014, and

2 Cybersecurity Stocks Stay Hot As Vasco Goes Cold

The security-software industry group is one of the top groups that IBD tracks, ranked No. 4 out of 197 total industry groups, as high-profile data breaches become more prevalent. But on Tuesday evening Vasco Data Security (VDSI) plunged 11% late, after announcing that a European subsidiary sold products to a third-party distributor that may have resold those products to the Iranian government — bringing even more attention to an industry on which