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Posts Tagged ‘boston-scientific’

Economy: Hostess Adds To The Massive Tsunami of Post-Election Layoffs

November 18th, 2012

Michael Snyder: Can you hear that sound?  It is the sound of the air being let out of the economy.  Since the election, there has been a massive tsunami of layoffs and business failures.  Read more…

Economy, Government, Markets

Economy: Post-Election Firings and Layoffs Surge

November 10th, 2012

 The victory by Barack Obama on election night has resulted in a huge wave of firings and layoffs all over America.  A large number of businesses seem to have suddenly Read more…

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Health Care Reform Won’t Stop This Medical Device Stock

November 12th, 2010

Health Care Reform Won't Stop This Medical Device Stock

Health care reform is going to be unimaginably expensive, costing roughly $1 trillion in the next decade. One of the many ways Uncle Sam plans to raise the necessary cash is with a 2.3% tax on the sale of all medical devices, starting in 2013.

That's obviously unwelcome news for the medical device industry, which makes all sorts of gadgets — from blood sugar meters and thermometers to x-ray machines and artificial hearts — for use by patients, doctors, nurses and other health care professionals. Global medical device sales surpassed $220 billion in 2009, with U.S. medical device firms accounting for more than 40% of that business.

While medical devices are big money, it would be a mistake to underestimate the burden of the new sales

Uncategorized

Health Care Reform Won’t Stop This Medical Device Stock

November 12th, 2010

Health Care Reform Won't Stop This Medical Device Stock

Health care reform is going to be unimaginably expensive, costing roughly $1 trillion in the next decade. One of the many ways Uncle Sam plans to raise the necessary cash is with a 2.3% tax on the sale of all medical devices, starting in 2013.

That's obviously unwelcome news for the medical device industry, which makes all sorts of gadgets — from blood sugar meters and thermometers to x-ray machines and artificial hearts — for use by patients, doctors, nurses and other health care professionals. Global medical device sales surpassed $220 billion in 2009, with U.S. medical device firms accounting for more than 40% of that business.

While medical devices are big money, it would be a mistake to underestimate the burden of the new sales

Uncategorized

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