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; peter.loftus@dowjones.com

Stock News for Boston Scientific (BSX)
DateTimeHeadline
09/02/201508:30:00Boston Scientific To Participate In 2015 Morgan Stanley Global...
08/26/201508:30:00Boston Scientific To Participate In The 2015 Wells Fargo Healthcare...
08/24/201516:30:00Boston Scientific Announces CE Mark For MRI Compatible Labeling...
08/24/201516:07:02Statement of Changes in Beneficial Ownership (4)
08/20/201516:07:16Statement of Changes in Beneficial Ownership (4)
08/19/201516:45:00Boston Scientific Announces FDA Approval of Innova™ Vascular S...
08/18/201516:07:59Statement of Changes in Beneficial Ownership (4)
08/11/201516:08:24Statement of Changes in Beneficial Ownership (4)
08/06/201516:16:15Quarterly Report (10-q)
08/04/201516:04:57Statement of Changes in Beneficial Ownership (4)
08/04/201509:13:19Current Report Filing (8-k)
08/04/201507:00:00Endo Completes Divestiture of American Medical Systems' Men's...
08/04/201507:00:00Boston Scientific Closes Acquisition Of The American Medical...
08/04/201507:00:00Endo Completes Divestiture of American Medical Systems' Men's...
08/03/201517:08:00Boston Scientific Announces Equity Investment And Sales Cooperation...
08/03/201516:30:00Boston Scientific Announces Equity Investment And Sales Cooperation...
07/23/201507:10:17Current Report Filing (8-k)
07/23/201507:00:00Boston Scientific Announces Results For Second Quarter 2015
07/20/201509:00:00Boston Scientific Initiates Study Evaluating New Fully Resorbable...
07/16/201516:09:04Initial Statement of Beneficial Ownership (3)

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad