October 19, 2016 / 12:45 PM / 3 years ago

BRIEF-St. Jude says Muddy Waters misleading patients for own financial gain

Oct 19 (Reuters) - St. Jude CEO, in conference call with analysts:

* Says expects short seller Muddy Waters to continue to “mislead” investors, patients about cyber safety of its implantable heart devices

* Says Muddy Waters attempting to “sensationalize, confuse and misrepresent” cyber security of St. Jude devices for its own financial gain

* Says continues to believe allegations of cyber security problems with its heart devices are without merit

* Says expects Abbott Laboratories to complete its purchase of St. Jude by end of year. Source text for Eikon: Further company coverage: (Reporting by Ransdell Pierson)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below