ADVFN - Advanced Financial Network.
HOME» NYSE » B » BSX Stock Price » BSX Stock News

Boston Scientific Share News

 Boston Scientific Corp. Stock Price
BSX Stock Price
 Boston Scientific Corp. Stock Chart
BSX Stock Chart
 Boston Scientific Corp. Stock News
BSX Stock News
 Boston Scientific Corp. Company Information
BSX Company Information
 Boston Scientific Corp. Stock Trades
BSX Stock Trades

Abbott Labs Cuts 700 Jobs Primarily In Manufacturing

By Peter Loftus Of DOW JONES NEWSWIRES Health-products maker Abbott Laboratories (ABT) has laid off about 700 workers, primarily in manufacturing operations, and plans to eliminate several hundred additional positions over the course of the year. The company attributed some of the layoffs to the impending mid-2012 expiration of Abbott's contract to supply the artery-opening stent Promus to Boston Scientific Corp. (BSX). Boston Scientific is shifting to a new version of Promus that it will manufacture internally. Orders for Promus have slowed ahead of the contract expiration, said Abbott spokesman Scott Stoffel. In addition, the layoffs affect some workers in Abbott's diagnostics and pharmaceutical manufacturing operations, Stoffel said. Abbott recorded unspecified costs associated with the work-force reduction in its fourth-quarter earnings report released earlier Wednesday. The costs were among restructuring, integration and other items that reduced Abbott's fourth-quarter earnings by about $276 million, or 18 cents a share. Abbott notified the affected workers Wednesday, including those at a stent manufacturing plant in Temecula, Calif. Abbott has about 91,000 employees worldwide. -Peter Loftus, Dow Jones Newswires; +1-215-982-5581;

Stock News for Boston Scientific (BSX)
05/03/201616:33:00Boston Scientific Announces U.S. FDA Approval of Navigation-Enabled...
05/03/201616:18:12Statement of Changes in Beneficial Ownership (4)
05/03/201616:17:00Statement of Changes in Beneficial Ownership (4)
05/03/201616:14:46Statement of Changes in Beneficial Ownership (4)
04/29/201608:30:00Boston Scientific To Participate In Bank Of America 2016 Healthcare...
04/28/201616:40:12Statement of Changes in Beneficial Ownership (4)
04/28/201616:37:16Statement of Changes in Beneficial Ownership (4)
04/28/201616:35:24Statement of Changes in Beneficial Ownership (4)
04/28/201616:31:48Statement of Changes in Beneficial Ownership (4)
04/28/201616:30:00Boston Scientific Announces Scheduled Presentations At Heart...
04/27/201611:30:00Boston Scientific's Sales Rise 11%
04/27/201606:38:27Current Report Filing (8-k)
04/27/201606:30:00Boston Scientific Announces Results For First Quarter 2016
04/25/201616:30:00Boston Scientific Receives U.S. FDA Approval For ImageReady™ M...
04/21/201608:00:00Boston Scientific To Participate In Deutsche Bank 2016 Healthcare...
04/20/201616:11:24Initial Statement of Beneficial Ownership (3)
04/20/201607:00:00Boston Scientific Announces CE Mark For MRI Labeling Of Emblem™ S...
04/08/201616:30:00Voluntary Recall of Fetch™ 2 Aspiration Catheter
04/05/201616:38:16Statement of Changes in Beneficial Ownership (4)
04/05/201616:36:57Statement of Changes in Beneficial Ownership (4)

Boston Scientific and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations