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Halyard Health Inc (HYH.N)

HYH.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Halyard Health Board Approved Initial Phase Of Multi-Year Restructuring Plan
Wednesday, 20 Dec 2017 04:40pm EST 

Dec 20 (Reuters) - Halyard Health Inc ::HALYARD HEALTH-ON DEC 14, BOARD APPROVED INITIAL PHASE OF MULTI-YEAR RESTRUCTURING PLAN FOR DIVESTITURE OF SURGICAL AND INFECTION PREVENTION BUSINESS.HALYARD HEALTH INC - EXPECT TO INCUR BETWEEN $8 MILLION AND $10 MILLION OF PRE-TAX COSTS.HALYARD HEALTH INC - EXPECT TO SUBSTANTIALLY COMPLETE INITIAL PHASE OF PLAN BY END OF 2019.HALYARD HEALTH INC - EXPECT SAVINGS BETWEEN $11 MILLION AND $13 MILLION ON AN ANNUALIZED BASIS ONCE INITIAL PHASE OF PLAN IS COMPLETED.  Full Article

Owens & Minor to buy Halyard Health's surgical & infection prevention business for $710 mln
Wednesday, 1 Nov 2017 07:02am EDT 

Nov 1 (Reuters) - Owens & Minor Inc :Owens & Minor to acquire Halyard Health Inc's surgical & infection prevention (S&IP) business for $710 million in cash.Owens & Minor Inc - ‍expects annual pre-tax synergies to reach approximately $40 million by year three post closing​ of deal.Owens & Minor Inc - co expects transaction to be accretive to non-GAAP diluted earnings per share in 2018, with increasing accretion thereafter​.Owens & Minor Inc - ‍intends to finance transaction with a combination of cash and debt​.Owens & Minor Inc- ‍transaction has been approved by boards of directors of both companies​.  Full Article

Halyard Health to sell S&IP business to Owens & Minor
Wednesday, 1 Nov 2017 07:00am EDT 

Nov 1 (Reuters) - Halyard Health Inc :Halyard Health, Inc. announces sale of S&IP business to Owens & Minor, Inc. for $710 million.Halyard Health - Co's remaining business expected to undergo phased restructuring to address dis-synergies, costs associated with divestiture​.Halyard Health Inc - ‍company expects dis-synergies to be eliminated through a multi-year transformation​.Halyard Health Inc - initiated a rebranding process and development of a new information technology platform​.  Full Article

Halyard Health Q3 adjusted earnings of $0.60/shr
Wednesday, 1 Nov 2017 07:00am EDT 

Nov 1 (Reuters) - Halyard Health Inc :Halyard Health, Inc. announces third quarter 2017 results, raises full-year adjusted diluted eps outlook.Q3 adjusted earnings per share $0.60.Q3 earnings per share $0.35.Q3 sales $401 million versus $398 million.Q3 earnings per share view $0.46, revenue view $396.1 million -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $2.03 to $2.13.Halyard Health Inc - sees FY 2017 GAAP earnings per share $0.96 to $1.25‍​.  Full Article

Halyard Health reports Q2 EPS of $0.36
Wednesday, 2 Aug 2017 07:00am EDT 

Aug 2 (Reuters) - Halyard Health Inc ::Halyard Health, Inc. Announces second quarter 2017 results, raises full-year adjusted diluted eps outlook.Q2 adjusted earnings per share $0.51.Q2 earnings per share $0.36.Q2 sales $399 million versus $400 million.Sees fy 2017 adjusted earnings per share $1.85 to $2.05.Fy2017 earnings per share view $1.85 -- Thomson Reuters I/B/E/S.  Full Article

Halyard Health says CEO Robert Abernathy to retire
Friday, 23 Jun 2017 06:58am EDT 

June 23 (Reuters) - Halyard Health Inc :Says CEO Robert E. Abernathy to retire.Says Joseph F. Woody appointed CEO.Says Joseph F. Woody appointed CEO.Says Joseph F. Woody appointed CEO.Halyard Health Inc - on June 23, co announced , effective June 26, Abernathy will retire as CEO but will continue as chairman of board of directors.Halyard Health Inc - also effective as of June 26, 2017, board has determined to expand size of board to 10 from 9 - SEC filing.  Full Article

Halyard Health posts Q1 earnings per share of $0.27
Tuesday, 2 May 2017 07:00am EDT 

May 2 (Reuters) - Halyard Health Inc :Announces first quarter 2017 results.Reaffirms fy 2017 adjusted earnings per share view $1.70 to $2.00.Q1 adjusted earnings per share $0.48.Q1 earnings per share $0.27.Q1 sales rose 3 percent to $396 million.Q1 earnings per share view $0.42, revenue view $392.2 million -- Thomson Reuters I/B/E/S.On track to achieve 2017 goals.Fy2017 earnings per share view $1.84 -- Thomson Reuters I/B/E/S.  Full Article

Halyard Health secures FDA nod for osteoarthritis knee pain device
Thursday, 20 Apr 2017 08:00am EDT 

April 20 (Reuters) - Halyard Health Inc :Halyard health inc says fda clears coolief for management of osteoarthritis knee pain.  Full Article

Kimberly-Clark to challenge verdict in MicroCool class action lawsuit
Monday, 10 Apr 2017 10:03am EDT 

Kimberly-clark Corp : Kimberly-Clark to challenge verdict in MicroCool class action lawsuit . Believes final outcome of the litigation will not result in any material financial exposure for company .Will challenge verdict in a California class action lawsuit involving MicroCool surgical gowns sold by Halyard Health.  Full Article

Halyard Health says jury found Kimberly-Clark liable for $3.9 mln in compensatory damages for Microcool* Surgical Gowns case
Monday, 10 Apr 2017 06:37am EDT 

Halyard Health Inc : Halyard Health - On April 7, jury found Kimberly-Clark liable for $3.9 million in compensatory damages for Microcool. Surgical Gowns case . Halyard Health Inc- Halyard intends to file motions to challenge verdict - SEC Filing . Halyard Health Inc- Halyard Health intends to challenge jury's punitive damages award - SEC Filing . Halyard Health - On April 7, jury found Kimberly-Clark liable for $350 million in punitive damages for Microcool. Surgical Gowns case . Halyard Health - Jury found Halyard was liable for $261,445 in compensatory damages and $100 million in punitive damages for Microcool.Surgical Gowns case.  Full Article

BRIEF-Owens & Minor Announces Updates On Pending Acquisition Of Halyard Health's S&IP Business

* OWENS & MINOR ANNOUNCES UPDATES ON PENDING ACQUISITION OF HALYARD HEALTH’S S&IP BUSINESS