Posted in Medical Device Business by Chris Newmarker on December 11, 2014 2014 has turned out to be a pretty decent year for the world’s 40 largest medical device companies: Only six of them have seen their stock prices decline, and ...
Tags: Medical Device, Health
Posted in Medical Device Business by Nancy Crotti on December 12, 2014 A federal judge has warned C.R. Bard Inc. (BCR) to settle outstanding pelvic mesh lawsuits or face billions of dollars in jury awards to plaintiffs, according to a ...
Tags: mesh lawsuits, plaintiffs, Health
Fox Head Inc. announced that Pete Fox will rejoin the company in the newly created role of chief creative officer. Fox will report directly to Interim CEO Scott Olivet with his appointment being effective immediately. Formerly the ...
Tags: Officer, Former CEO, Sporting Goods
Johnson Outdoors Inc. reported sales increased 10 percent to $84.9 million in the fourth quarter ended Oct. 3 compared with $77.3 million in the fourth fiscal quarter of 2013 due to double-digit growth in both Marine Electronics and Outdoor ...
The Parts House (TPH) announced the acquisition of two Georgia locations from Johnson Industries Inc. TPH will maintain the two locations in Valdosta and Albany, Ga., and will service those locations from its Jacksonville, Fla. distribution ...
Tags: Georgia locations, Auto
PepsiCo has announced two leadership appointments that further strengthen the company's management team. Enderson Guimaraes, currently CEO, PepsiCo Europe, has been named EVP, Global Categories and Operations, PepsiCo. He will be ...
Tags: PepsiCo, Snacks, Beverage, Agriculture
Three down, two to go when it comes to major regulatory hurdles that Medtronic and Covidien need to clear for their proposed $43 billion merger. The U.S. Federal Trade Commission, the European Union and Canada’s Competition Bureau ...
French yogurt maker Danone is contemplating sale of its 20% stake in Tokyo based dairy-drink producer Yakult Honsha, which if materialised, can raise cash for any future acquisitions by Danone. Bloomberg reported that Danone already had ...
Tags: Danone, Yakult, Agriculture
The video features key Disney Store products engaged in an intricate Rube Goldberg machine through a festive Disney Store. Disney Store has unveiled its festive TV advertisement for 2014, featuring a chain reaction of Disney products ...
Tags: Disney Store, Christmas, Toys
Posted in Medical Device Business by Nancy Crotti on November 20, 2014 A federal jury in Miami has concluded that Boston Scientific Corp. (BSX) must pay a total of $26.7 million to four women who claimed the company’s Pinnacle ...
Tags: Pinnacle pelvic, Medical Device, Health
Smithfield Farmland, a subsidiary of US-based pork processor and hog producer Smithfield Foods, has expanded its product portfolio with the introduction of new fresh pork line. Available under Smithfield and Farmland brand names, the ...
US-based food processing company Archer Daniels Midland (ADM) has completed the previously announced acquisition of natural and organic food producer Specialty Commodities (SCI) for $191m. Specialty Commodities processes and ...
Finnish food company Raisio Group has acquired the Benecol business in the UK, Ireland and Belgium from Cilag, a subsidiary of Johnson & Johnson. Owned by Raisio Group, the Benecol brands' license to sell and market the products was given ...
Chilgrove Gin, along with its export partner The British Bottle Company, has signed an export agreement with the government monopoly distribution board Société des Alcools du Québec (SAQ) in Canada. The move comes in ...
Tags: Chilgrove Gin, English gin, Agriculture
Covidien described its new Puritan Bennett 980 ventilator as “simple, safe, and smart” when it won regulatory approval in the U.S. and Europe in early 2014. But half a year later, it is now the subject of a Class I-level recall ...