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Stryker Corp (SYK.N)

SYK.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Stryker Orthopaedics 2016 settlement program reaches milestone
Monday, 8 May 2017 11:45am EDT 

May 8 (Reuters) - Stryker Corp :Reg-Stryker orthopaedics 2016 settlement program reaches milestone.Stryker corp -howmedica osteonics informed courts that 95% of additional registered eligible patients have enrolled in settlement program.Stryker corp -howmedia osteonics will move forward with 2016 settlement program that provides for compensation to additional eligible u.s. Patients.Stryker corp - expected that a majority of payments under settlement agreement will be made by end of 2017.Stryker corp - compensation for u.s. Patients replaced rejuvenate modular-neck hip stem and/or abg ii modular-neck hip stem, prior to dec 19, 2016.  Full Article

Stryker declares a $0.425 per share quarterly dividend
Wednesday, 3 May 2017 08:00am EDT 

May 3 (Reuters) - Stryker Corp : :Stryker declares a $0.425 per share quarterly dividend.  Full Article

Stryker reports Q1 earnings per share $1.17
Tuesday, 25 Apr 2017 04:00pm EDT 

April 25 (Reuters) - Stryker Corp : :Stryker reports first quarter 2017 results.Sees Q2 adjusted earnings per share $1.48 to $1.52.Q1 adjusted earnings per share $1.48.Q1 earnings per share $1.17.Q1 sales $2.96 billion versus I/B/E/S view $2.9 billion.Q1 earnings per share view $1.42 -- Thomson Reuters I/B/E/S.Stryker Corp says continue to expect 2017 organic sales growth to be in range of 5.5pct - 6.5 pct.Stryker Corp - orthopaedics net sales of $1.14 billion increased 7.4 pct in quarter as reported.Sees 2017 adjusted net earnings per diluted share to be in range of $6.35 - $6.45.Q2 earnings per share view $1.52 -- Thomson Reuters I/B/E/S.Stryker Corp - if foreign currency exchange rates hold near current levels, expect net sales in Q2 & full year to be negatively impacted by about 1.0pct.Stryker- if foreign currency exchange rates hold near current levels adjusted net earnings per diluted share to be negatively impacted by about $0.03 to $0.04 in Q2.Stryker - if foreign currency exchange rates hold near current levels, expect adjusted net EPS to be hurt by about $0.10 to $0.12 in full year.FY2017 earnings per share view $6.41 -- Thomson Reuters I/B/E/S.Q2 earnings per share view $1.52, revenue view $2.97 billion -- Thomson Reuters I/B/E/S.  Full Article

Stryker Corp says CEO Kevin Lobo's total compensation for 2016 was $12.8 mln
Monday, 20 Mar 2017 01:30pm EDT 

Stryker Corp : CEO Kevin Lobo's total compensation for 2016 was $12.8 million versus $10.5 million in 2015 - SEC Filing . CFO Glenn S. Boehnlein's 2016 total compensation was $2.99 million - SEC filing . Group President, Medsurg and Neurotechnology Timothy Scannell's FY 2016 total compensation $4.8 million versus $4.4 million in FY 2015 .Group President, Orthopaedics, David Floyd's FY 2016 total compensation $4.05 million versus $3.4 million in FY 2015.  Full Article

Stryker Corp director Louise Francesconi reports sale of 3,716 shares of co's common stock
Tuesday, 31 Jan 2017 12:45pm EST 

:Stryker Corp director Louise Francesconi reports sale of 3,716 shares of co's common stock on Jan 30 - SEC filing.  Full Article

Stryker provides 2016 preliminary net sales results
Tuesday, 10 Jan 2017 04:00pm EST 

Stryker Corp : Stryker provides 2016 preliminary net sales results . Q4 sales $3.2 billion versus I/B/E/S view $3.15 billion . Stryker Corp - We expect 2016 adjusted net earnings per diluted share to be at high end of previously stated range of $5.75 to $5.80 . Stryker Corp says full year preliminary net sales grew 13.9 percent to $11.3 billion . FY 2016 revenue view $11.30 billion -- Thomson Reuters I/B/E/S . Full year negative foreign currency exchange impact was approximately $0.10 to $0.12 per share . "Enter 2017 with good momentum" .FY 2016 earnings per share view $5.78, revenue view $11.30 billion -- Thomson Reuters I/B/E/S.  Full Article

Stryker Orthopaedics to compensate additional eligible U.S. Patients who had replacement surgery
Monday, 19 Dec 2016 11:00am EST 

Stryker Corp : Stryker says Stryker Orthopaedics to compensate additional eligible U.S. Patients who had surgery to replace rejuvenate modular-neck and/or ABG II modular-neck hip stems . Stryker corp says under new agreement, additional patients are now eligible to participate and may apply for compensation . Stryker corp - is expected that a majority of payments under settlement agreement will be made by end of 2017 .Stryker Corp -"settlement agreement will help bring to close rejuvenate modular-neck and ABG II modular-neck litigation activity in U.S".  Full Article

Stryker increases 2017 annual dividend by 12 pct
Wednesday, 7 Dec 2016 02:30pm EST 

Stryker Corp :Stryker increases 2017 annual dividend by 12 pct and declares a $0.425 per share quarterly dividend.  Full Article

U.S. FDA allows marketing of clot retrieval devices to reduce disability in stroke patients
Friday, 2 Sep 2016 01:03pm EDT 

U.S. FDA: Allows marketing of clot retrieval devices to reduce disability in stroke patients . Allowed marketing of two Trevo clot retrieval devices as initial therapy for strokes due to blood clots to reduce paralysis, speech difficulties, other stroke disabilities Further company coverage: [SYK.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Stryker entered credit agreement with various lenders - SEC filing
Tuesday, 23 Aug 2016 05:26pm EDT 

Stryker Corp [SYK.N] : On August 19, co, unit entered into a credit agreement with various lenders - SEC filing . Principal differences between 2016 credit agreement and 2014 credit agreement is increase of commitments to $1.50 billion - SEC filing . 2016 credit agreement includes an increase option permitting company to increase size of facility up to an additional $500 million . 2016 credit agreement includes a $255 million letter of credit sublimit . 2016 credit agreement also includes an increase option of $500 million multicurrency sublimit .2016 credit agreement extends maturity date to August 19, 2021.  Full Article

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BRIEF-Stryker Orthopaedics 2016 settlement program reaches milestone

* Reg-Stryker orthopaedics 2016 settlement program reaches milestone