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In 3Q15, $EW's Surgical Heart Valve Therapy product group sales were $188MM up slightly from 3Q14 on an underlying basis. Against a tough YoverY comparison, global surgical heart valve units grew, but were mostly offset by the continued exit of non-strategic products. Critical Care product group sales were $132MM, grew 5% on an underlying basis.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.