Stryker's Strategic Moves Impress Analysts, Spine Implant Sale and …

Jan 29, 2025 · Wall Street analysts rerated Stryker Corp (NYSE:SYK) Wednesday after the company’s fourth-quarter print. Stryker reported quarterly earnings of $4.01 per share, which …

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Stryker's Strategic Moves Impress Analysts, Spine Implant Sale And …

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Jan 29, 2025 · Wall Street analysts rerated Stryker Corp (NYSE:SYK) Wednesday after the company’s fourth-quarter print. Stryker reported quarterly earnings of $4.01 per share, which …

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Stryker's Strategic Moves Impress Analysts, Spine Implant Sale And …

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Jan 29, 2025 · Stryker beats Q4 estimates with $6.44B revenue and $4.01 EPS, announces CFO retirement and spine implant business sale. Analysts raise Stryker price targets, citing strong …

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Stryker's Strategic Moves Impress Analysts, Spine Implant Sale And …

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Jan 29, 2025 · Organic sales growth slowed to 10.2% in the fourth quarter from 11.5% in the third quarter. Stryker’s gross margin was up 140 bps Y/Y, but its operating margin was up 200 bps …

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Stryker To Spin Off Spinal Implant Business, As Viscogliosi Brothers ...

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Jan 29, 2025 · Stryker also posted its 2024 financial results (PDF), reporting an increase in net sales of 10.2% to reach $22.6 billion. Revenues followed a similar trajectory in the fourth …

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North Bergen NJ: Greenhouse Emissions Reduced In Project

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Dec 6, 2021 · The best business deals, it is said, are where everyone profits. Using that criterion makes a new $4 million transloading site facility, which North Bergen-based Strategic Rail …

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$10M Transloding Facility Signs Deal With North Bergen To Prep For ...

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Jan 12, 2022 · Strategic Rail Solutions, a $10 million transloding facility, has signed an impact fee agreement with North Bergen to help prep for major projects like the Gateway Tunnel. …

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FAQs about Stryker's Strategic Moves Impress Analysts, Spine Implant Sale and … Coupon?

Will Stryker's spinal implants business thrive as an independent company?

"We believe that the spinal implants business, with its comprehensive portfolio and strong sales channel, will thrive as an independent company," said Stryker Chief Executive and Chair Kevin Lobo. Once the sale closes, VB Spine would become a strategic partner to Stryker with access to Mako Spine and Copilot. ...

When will Stryker's spinal implants business close?

The transaction for the U.S. business is set to close in the first half of 2025. "We believe that the spinal implants business, with its comprehensive portfolio and strong sales channel, will thrive as an independent company," said Stryker Chief Executive and Chair Kevin Lobo. ...

What happened to Stryker & Viscogliosi?

Stryker (SYK) announced a definitive agreement to sell its U.S. spinal implants business to Viscogliosi Brothers to create a newly formed company called VB Spine, LLC. After closing, VB Spine will become a strategic partner to Stryker with exclusive access to Mako Spine and Copilot for use with VB Spine’s implants in spine procedures. ...

Will VB spine buy Stryker?

Once the sale closes, VB Spine would become a strategic partner to Stryker with access to Mako Spine and Copilot. The agreement includes a binding offer to acquire Stryker's spinal implants business in France. Write to Katherine Hamilton at [email protected] ...

What happened at Stryker?

Simultaneous with the earnings release, Stryker also announced the planned retirement of long-time CFO Glenn Boehnlein and the imminent sale of the lower-growth Spine Implant business. Without offering transaction proceed specifics, Stryker highlighted an anticipated first-half U.S. Spine Implant close with international divestitures to follow. ...

Is Stryker a good company?

“We have long admired Stryker for its comprehensive spine portfolio, incredible talent, and strong culture,” said Marc, John and Anthony Viscogliosi, Co-Founders of Viscogliosi Brothers, LLC. ...