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$SYK 3yr chart is sick
Gota love the insiders selling out on the run. Director Ronda says let me out I'm going to the Bahamas for awhile....
SYK STRYKER RONDA E Director Apr 28 Sale 110.08 6,000 660,481 8,112,233 Apr 29 11:35 AM
SYK STRYKER RONDA E Director Apr 29 Sale 109.09 6,000 654,544 8,106,233 Apr 29 11:35 AM
Long term buy. Almost everyone knows a senior that's had a body part replaced,more than likely made by Stryker.
Stock Split in May/June?
Will it be 2:1? All IMO.
Stryker acquires Berchtold-the company is going gangbusters! I fully expect a 2:1 stock split in June!!
News Alert: Stryker Completes Acquisition of MAKO Surgical Corp.
We're did you hear this?
SYK Stryker posts 4.8% higher profit
BY MarketWatch 4:12 PM ET 07/18/2012
SAN FRANCISCO (MarketWatch) -- Medical technology company Stryker Corp. (SYK) reported late Wednesday a second-quarter profit of $325 million, or 85 cents a share, up from a profit of $310 million, or 80 cents a share, a year ago. Revenue for the quarter rose 2.9% to $2.1 billion. Analysts polled by FactSet had predicted the company would earn 99 cents a share. Shares of Kalamazoo, Mich.-based Stryker have risen nearly 8% so far this year, closing Wednesday at $53.57.
http://stockcharts.com/h-sc/ui?s=SYK
<<< $SYK Links! >>> ~ MAC's Quick DD Links without the charts.
Open these links (or the ones you desire) in background tabs
http://help.opera.com/Linux/9.52/en/keyboard.html
http://lifehacker.com/263940/force-links-to-open-in-the-background
PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/SYK
OTC Markets Company Info ~ http://www.otcmarkets.com/stock/SYK/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/SYK/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/SYK/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/SYK/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/SYK/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/SYK/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/SYK/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/SYK/research
Google Finance Summary ~ http://www.google.com/finance?q=SYK
Google Finance News ~ http://www.google.com/finance/company_news?q=SYK
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=SYK
Google Finance Financials ~ http://www.google.com/finance?q=SYK&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=SYK
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=SYK&histperiod=weekly#
Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=SYK+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=SYK+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=SYK+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=SYK
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=SYK+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=SYK+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/SYK
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/SYK
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=SYK+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=SYK+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=SYK+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=SYK+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=SYK+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=SYK+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=SYK+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=SYK+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=SYK+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=SYK+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=SYK+Cash+Flow&annual
FINVIZ ~ http://finviz.com/quote.ashx?t=SYK&ty=c&ta=0&p=d
Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=SYK
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=SYK
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=SYK
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=SYK
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=SYK
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=SYK&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260
CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=SYK&exchange=US
Barchart Quote ~ http://barchart.com/quotes/stocks/SYK?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/SYK
Barchart Options Quotes ~ http://barchart.com/options/stocks/SYK
Barchart Technical Chart ~ http://barchart.com/charts/stocks/SYK&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/SYK&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/SYK
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=SYK
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/SYK
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/SYK
Barchart News Headlines ~ http://barchart.com/news/stocks/SYK
Barchart Profile ~ http://barchart.com/profile//SYK
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=SYK&view=key_statistics
OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=SYK&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=SYK&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=SYK&MarketTicker=NYSE&Typ=S
Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/SYK/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/SYK/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/SYK/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/SYK/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/SYK
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/SYK/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/SYK/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/SYK/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/SYK/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/SYK/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/SYK/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=SYK&sid=1795093&framed=False
The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=SYK
Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=SYK
StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=SYK&num1=567&cobrand=&mode=stock
StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=SYK
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=SYK
AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=SYK&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8
Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=SYK.PK&WTmodLOC=C4-Officers-5
StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=SYK®ion=U
Search NASDAQ ~ http://www.nasdaq.com/symbol/SYK
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/SYK/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/SYK/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/SYK/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=SYK&selected=SYK
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=SYK&selected=SYK
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/SYK/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/SYK/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/SYK/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/SYK/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/SYK/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/SYK/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/SYK/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/SYK/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/SYK/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/SYK/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/SYK/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/SYK/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/SYK/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/SYK/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=SYK&selected=SYK
NASDAQ Financials ~ http://www.nasdaq.com/symbol/SYK/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/SYK/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/SYK/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/SYK/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/SYK/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/SYK/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/SYK/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/SYK/insider-trades/sells
The Motley Fool ~ http://caps.fool.com/Ticker/SYK.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/SYK/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/SYK/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/SYK/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/SYK/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/SYK/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/SYK/Statements.aspx?source=icasittab0000009
MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=SYK
YCharts ~ http://ycharts.com/companies/SYK
YCharts Performance ~ http://ycharts.com/companies/SYK/performance
YCharts Dashboard ~ http://ycharts.com/companies/SYK/dashboard
InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=SYK&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=SYK&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=SYK&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=SYK
Zacks Quote ~ http://www.zacks.com/stock/quote/SYK
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=SYK
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=SYK
Knobias ~ http://knobias.10kwizard.com/files.php?sym=SYK
StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=SYK
Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/SYK/HOT_TOPIC.html
Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=SYK&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=SYK®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=SYK®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=SYK®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=SYK®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=SYK®ion=USA&culture=en-us
CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=SYK
TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=SYK
OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=SYK&searcharea=e&image1.x=0&image1.y=0
Insidercow ~ http://www.insidercow.com/history/company.jsp?company=SYK&B1=Search%21
Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=SYK
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=SYK&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null
YouTube Symbol Search ~ http://www.youtube.com/results?search_query=SYK
Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=SYK
Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=SYK
Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=SYK
Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=SYK
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=SYK
Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=SYK
Investorpoint ~ http://www.investorpoint.com/ enter "SYK" and click search.
Hotstocked ~ http://www.hotstocked.com/ enter "SYK" and click search.
Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=SYK
Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=SYK
DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=SYK
SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=SYK
OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=SYK
Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "SYK" and click search.
http://www.coordinatedlegal.com/SecretaryOfState.html
http://regsho.finra.org/regsho-Index.html
http://www.shortsqueeze.com/?symbol=SYK&submit=Short+Quote%99
DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=SYK
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=SYK
Check those searches for recent SYK mentions. If SYK is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS
MACDlinks
~ Tuesday! $SYK ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!
~ $SYK ~ Earnings expected on Tuesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
http://stockcharts.com/h-sc/ui?s=SYK&p=D&b=3&g=0&id=p88783918276&a=237480049
http://stockcharts.com/h-sc/ui?s=SYK&p=W&b=3&g=0&id=p54550695994
~ Google Finance: http://www.google.com/finance?q=SYK
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=SYK#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=SYK+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=SYK
Finviz: http://finviz.com/quote.ashx?t=SYK
~ BusyStock: http://busystock.com/i.php?s=SYK&v=2
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=SYK >>>>>>
http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916
*If the earnings date is in error please ignore error. I do my best.
Nurse to expose Stryker Corporation in a new book. Manufacturing defects that can kill.
Piper Jaffray Upgrades Stryker Corp. (SYK) to Overweight 9/16/2010
The year-on-year earnings growth is 24% (past vs next) while the PE is only 17. Target price of $59. Yahoo target price is $58
Top 10 Stocks With Big Insider Buying, Buybacks
02/28/08 - 11:48 AM EST
"Next on the list is Stryker (SYK - Cramer's Take - Stockpickr), a medical device company that announced one of the largest buybacks last week. The company's board authorized a $750 million stock-repurchase plan.
The Kalamazoo, Mich.-based company, which specializes in orthopedics, on Jan. 23 posted spectacular quarterly and year-end results. In the fourth quarter, the company earned $278 million, or 66 cents a share, a 21.8% jump from the same period last year. Net sales increased 18.4% to $1.66 billion in the quarter."
http://www.thestreet.com/_yahoo/newsanalysis/stockpickr/10405222.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
NOTE: Stock went $62 - $69 in 3 days on the financials announcement and is almost back to that level despite record earnings and the aging population needing hips and knees.
Correction: Medical Device Story
Friday February 29, 6:56 am ET
WASHINGTON (AP) -- In a Feb. 27 story about medical device companies, The Associated Press incorrectly described a settlement between Advanced Neuromodulation Systems and the federal government. The article should have specified that the company was alleged to have paid doctors for testing its products on patients, but that no charges were ever brought. The article also erroneously reported that the company settled with federal prosecutors. The company settled with the inspector general of the Health and Human Services Department.
A correct version follows.
WASHINGTON (AP) -- After years of criticizing drug company gifts and payments to physicians, lawmakers have turned their scrutiny to similar tactics used by medical device companies.
Senate lawmakers on Wednesday questioned executives from orthopedic makers Stryker Corp. and Zimmer Holdings Inc. on gifts and consulting fees paid to surgeons who use their implants. Both companies specialize in replacement knees and hips.
Sen. Herbert Kohl, D-Wis., who called the hearing, accused both companies and physicians of putting their financial interests ahead of patients.
"These types of unethical payments are not anecdotal, but rather have been pervasive and industrywide for far too long," said Kohl, who chairs the Senate's committee on aging. "The physicians who take their money are equal participants and equally culpable."
Device makers have said surgeons are paid fairly to provide important feedback on new devices. But an inspector from the Department of Health and Human Services told lawmakers that many consulting arrangements involve no work at all and are instead aimed at buying loyalty from surgeons who implant hundreds of devices each year.
In one example given by Health and Human Services inspector Greg Demske, the company Advanced Neuromodulation Systems allegedly paid doctors $5,000 for every five patients they tested with the company's product. The company later settled with Health and Human Services inspectors who alleged that the payments were nothing more than a marketing ploy to boost sales. No charges were filed against the company.
Demske said it is difficult to prosecute companies for illegal kickbacks because they are often disguised as educational grants or royalty fees. He said legal changes may be needed to curb the influence of money in the industry.
Dr. Charles Rosen, a professor of orthopedic surgery, said it was unlikely physician groups would try to stop the questionable financial arrangements.
"These practices are so embedded among the people running these societies I don't think it will be possible to change them without something from outside," said Rosen, who heads a group for spinal surgeons who don't accept industry money.
Kohl and Sen. Charles Grassley, R-Iowa, are pushing a bill that would require drug and device makers to disclose how much they spend on gifts, travel and other payments to physicians.
Zimmer Vice President Chad Phipps said his company supports the measure and acknowledged that payments to physicians "may have been excessive at times."
Warsaw, Ind.-based Zimmer was one of five companies that together paid $310 million last year to settle charges that they gave doctors illegal kickbacks. Stryker was among those companies but was not charged because it cooperated early in the Department of Justice's investigation.
According to an estimate from Kohl's office, the five companies together spent $230 million on payments to physicians over four years.
Stryker Vice President Edward Lipes said mandatory disclosure of gifts, consulting fees and other payments would discourage companies from using the tactics inappropriately.
The industry group AdvaMed said Kohl and Grassley's bill should apply only to companies that spend large sums on physicians -- and exclude those that don't. Lawmakers had mixed reactions to that suggestion.
Stryker shares fell 66 cents to $66.93. Shares of Zimmer Holdings rose 23 cents to $77.45.
DOJ Subpoenas Stryker Documents
Thursday February 28, 5:34 pm ET
Stryker Gets DOJ Subpoena for Documents in Criminal Investigation Amid SEC Inquiry
NEW YORK (AP) -- Medical products maker Stryker Corp. said Thursday the Department of Justice subpoenaed the company for documents related to an ongoing Securities and Exchange Commission inquiry.
In October, the SEC sent the company an informal inquiry for information related to the sale of medical devices in foreign countries. Prior to that request, Stryker was one of five medical implant makers that settled with federal prosecutors over doctor kickbacks for use of orthopedic implants.
Because Stryker began cooperating with authorities before the others, it was allowed to enter a non-prosecution agreement and was not charged. The other four companies agreed to pay $310 million total as part of the settlement; Stryker did not have to pay.
Stryker disclosed the Department of Justice investigation in its annual report, filed with the SEC Thursday. The company said the department request entailed documents from Jan. 1, 2000, to the present, regarding possible violations of federal criminal and antitrust laws.
Shares of Stryker rose 4 cents to $66.08 in after-hours trading after falling 30 cents to close at $66.04 during regular trading.
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