(RTTNews) - 
Advanced Medical Optics, Inc. (EYE:
) reported fourth-quarter GAAP net income of $25.06 million or $0.40 per share, compared to a GAAP loss of $12.3 million or $0.20 per share in the year-ago quarter.
On average, 8 analysts polled by Thomson Reuters estimated the company to report $0.14 per share for the quarter. Analysts’ estimates typically exclude special items.
Fourth-quarter net sales declined Read the rest of this entry »

(RTTNews) - 
Wednesday, Symmetry Medical Inc. (SMA:
), a provider of implants and related instruments to the orthopaedic device industry, reported a profit for the third quarter compared to a loss in the prior-year quarter. Further, the company raised its revenue guidance, but cut the earnings forecast for the full year.
Net income for the third quarter of 2008 was $2.53 million or $0.07 per share compared with Read the rest of this entry »

(RTTNews) - 
Monday, Rochester Medical Corp. (ROCM:
), a manufacturer of urinary continence and urine drainage care products, reported a sharp decline in its first quarter earnings, hurt by higher costs.
The Stewartville, Minnesota-based company reported a net income of $54 thousand, down from $272 thousand in the year-ago quarter. On per-share basis, the company reported a breakeven earnings compared to $0.02 Read the rest of this entry »

(RTTNews) - 
Medical House Plc (MLH.L:
) announced its financial results for the six months ended 30 June 2008, reporting a net loss of ВЈ101 thousand or 0.17 pence per share, in comparison with a net loss of ВЈ340 thousand or 0.57 pence per share in the same period last year.
From continuing operations, the company’s profit declined to ВЈ216 thousand or 0.36 pence per share, from ВЈ252 thousand or 0.42 Read the rest of this entry »

(RTTNews) - 
“College football is more than an exhilarating sport, it’s a billion-dollar business,” he said.
Barton’s proposal would make marketing any bowl game that hadn’t been determined by a playoff system as a ‘national championship’ a violation of the Federal Trade Commission Act baring “unfair or deceptive” practices.
“We’re never going to abolish all controversy, and who’d really want to be rid of it, anyway?” Read the rest of this entry »

(RTTNews) - 
Span-America Medical Systems Inc. (SPAN:
) reported that its first quarter net income declined 15% to $0.9 million from $1.04 million in the year-ago quarter. On per share basis, net income decreased 14% to $0.32 from $0.37 in the same quarter last year.
The company’s quarterly net sales declined 2% to $13.4 million, from $13.66 million in the same quarter previous year. Operating income for Read the rest of this entry »

UnitedHealth Group reported lower profits for third quarter, as the insurer faced higher medical costs and paid millions to settle two class-action lawsuits. But earnings matched analyst projections.
Profits dropped the Minnetonka-based company dropped to $920 million, or 75 cents per share, from $1.2 billion or 95 cents per share in third quarter 2007.
The latest results don’t include a 2-cent-per-share adjustment for the settlement of Read the rest of this entry »

Feb. 13 (Bloomberg) — Patients’ advocates claimed victory
in a battle over the privacy of health records as the U.S.
Congress prepares to vote on the economic stimulus bill, which
contains $19 billion for health-care information.
U.S. House and Senate negotiators’ compromise reflects
stricter standards that privacy advocates wanted for marketing,
selling and disclosing health data. Both houses may vote on the
$789 billion stimulus today.
Read the rest of this entry »

Jan. 28 (Bloomberg) –
, the largest U.S.
health insurer by enrollment, missed estimates for fourth-quarter
earnings and gave no profit forecast as bad investments, computer
errors and a shrinking job market sapped income.
Net income fell 61 percent from a year earlier to $331.4
million, or 65 cents a share, the Indianapolis-based company said
today in a statement. Profit excluding investment losses and
other items missed by 2 cents the $1.36 Read the rest of this entry »

(RTTNews) - 
Thursday, Natus Medical Inc. (BABY:
), revealed third quarter financial results, reporting an increase in profit as revenues surged 45%. The company also revised its fourth quarter and full year outlook.
The San Carlos, California-based provider of healthcare products, posted a third quarter net income of $4.79 million or $0.17 per share, higher than the $3.16 million or $0.14 per share reported in Read the rest of this entry »