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
04/16/201516:05:00Boston Scientific Enrolls First Patient In New Study Designed...
04/14/201516:13:39Current Report Filing (8-k)
04/14/201509:00:00Boston Scientific Signs Strategic Alliance With Frankenman Medical...
04/03/201516:03:56Statement of Changes in Beneficial Ownership (4)
04/03/201516:03:56Statement of Changes in Beneficial Ownership (4)
04/02/201502:40:47First Quarter Large Cap Winners And Losers
04/01/201516:08:02Initial Statement of Beneficial Ownership (3)
04/01/201516:07:07Initial Statement of Beneficial Ownership (3)
04/01/201516:01:00Boston Scientific Agrees to Acquire Xlumena
04/01/201508:30:00Boston Scientific To Webcast Conference Call On First Quarter...
04/01/201507:32:38Is It Time To Book Profits? - Cramer's Mad Money (3/31/15)
03/24/201516:21:27Additional Proxy Soliciting Materials (definitive) (defa14a)
03/24/201516:19:15Proxy Statement (definitive) (def 14a)
03/24/201516:01:00Boston Scientific Announces First U.S. Commercial Procedures...
03/23/201519:46:25Significant Revenue Gains In Store For Boston Scientific
03/23/201516:06:44Statement of Changes in Beneficial Ownership (4)
03/23/201516:06:44Statement of Changes in Beneficial Ownership (4)
03/18/201519:15:18Boston's Watchman Approved In The US For Warfarin Refuseniks
03/17/201518:55:09Boston Sci's EMBLEM subcutaneous implantable defibrillator cleared...
03/17/201516:01:00Boston Scientific announces FDA and CE Mark Approval Of The EMBLEM⢠S...

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