Anthem to Acquire Cigna Corp., Creating New Health Care Giant

By Staff
Friday, July 24, 2015 9:30 AM INDIANAPOLIS, Ind. and BLOOMFIELD, Conn.—Anthem, Inc. (NYSE: ANTM) and Cigna Corp. (NYSE: CI) announced today that they have entered into a definitive agreement for Anthem to acquire Cigna.

Novartis Posts Solid 2Q ’15 Results, Despite Alcon’s Weak Performance

By Staff
Friday, July 24, 2015 12:23 AM BASEL, Switzerland—Novartis reported solid results for the second quarter ending June 30, 2015, despite a weak performance by Alcon, its eyecare business unit.

Valeant Pharmaceuticals Reports 34 Percent Increase in Revenue for Second Quarter of 2015

By Staff
Friday, July 24, 2015 12:22 AM LAVAL, Quebec—Valeant Pharmaceuticals International, Inc. (NYSE/TSX: VRX) reported revenue of $2.7 billion for the second quarter ending June 30, 2015, a 34 percent increase over the same period of the previous year.

Johnson & Johnson’s 2Q Sales Drop 8.8 Percent

By Staff
Wednesday, July 15, 2015 12:23 AM NEW BRUNSWICK, N.J.—Johnson & Johnson (NYSE: JNJ) announced sales of $17.8 billion for the second quarter of 2015, a decrease of 8.8 percent as compared to the second quarter of 2014.

Smart Vision Labs Raises $6.1M in Series A Funding Round Led by Techstars Ventures

By Staff
Wednesday, June 24, 2015 12:23 AM NEW YORK—Smart Vision Labs, the developer of a smartphone-based autorefractor, the SVOne, has closed a $6.1 million Series A funding round led by Techstars Ventures.

Cooper Companies Posts Revenue Increase for Second Quarter 2015

By Staff
Friday, June 05, 2015 12:23 AM PLEASANTON, Calif.—The Cooper Companies, Inc. (NYSE:COO) reported a 5 percent revenue increase year-over-year to $434.7 million, which amounts to a 4 percent increase on a constant currency basis, for the fiscal second quarter ended April 30, 2015. CooperVision (CVI) revenue rose 9 percent to $359.6 million, and CooperSurgical (CSI) revenue fell 8 percent to $75.1 million.

Court Finalizes Nikon’s Acquisition of Optos

By Staff
Monday, May 25, 2015 12:23 AM TOKYO—An Edinburgh, Scotland court on Friday finalized Nikon Corp.’s (T:7731) acquisition of Optos, (L:OPTS), the Scotland-based retinal imaging company, according to an announcement issued by RNS, the company news service from the London Stock Exchange.

Leonardo Del Vecchio Gifts Luxottica’s Italy Employees Shares to Celebrate Birthday

By Staff
Wednesday, May 20, 2015 12:23 AM MILAN—Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) has announced the gifting of free treasury shares of the company to the group’s employees in Italy in honor of founder and chairman Leonardo Del Vecchio’s 80th birthday.

Second Sight Reports Strong First Quarter Results

By Staff
Friday, May 15, 2015 12:23 AM SYLMAR, Calif.—Second Sight Medical Products, Inc. (NASDAQ:EYES) reported $1.7 million of revenue for the first quarter of 2015 which ended March 31, 2015, up 159 percent compared with $0.7 million in the first quarter of 2014. The increase was primarily due to a higher number of implanted Argus II retinal prostheses in the first quarter of 2015 when compared to the year-ago quarter, the company said.

Strong Sales of Eyeglass Lenses Help Lift Hoya’s 4Q and Year-End Revenue

By Staff
Wednesday, May 13, 2015 12:29 AM TOKYO—Strong sales of eyeglass lenses and electronics-related products boosted revenues for Hoya Corp.  (TOKYO: 7741) to 127,440 million yen for the fourth quarter ended March 31, 2015, a 10.6 percent increase over the same period last year.

Actavis Reports Revenues Reach $4.23 Billion

By Staff
Wednesday, May 13, 2015 12:26 AM DUBLIN, Ireland—Actavis plc (NYSE: ACT) reported a 59 percent leap in net revenues of $4.23 billion for the quarter ended March 31, compared to $2.66 billion in the first quarter 2014, which included $258 million in revenue from Allergan, as of the close of that acquisition of March 17, 2015.

DeRigo Group Confirms 2014 Full Year Results

By Staff
Wednesday, May 13, 2015 12:23 AM LONGARONE, Italy—The board of directors of De Rigo Group (NYSE: DER) have approved the full year 2014 financial results of the company, which close positively for the De Rigo Group, with growth in turnover, earnings and positive net financial position, the company said.

Spy Reports Q1 2015 Financial Results

By Staff
Monday, May 11, 2015 12:23 AM CARLSBAD, Calif.—SPY Inc. (OTCBB: XSPY) have announced their financial results for the three months ended March 31, 2015.

The Power Practice’s Alan Homestead on May 13 ‘Power Hour’

By Staff
Monday, May 11, 2015 12:18 AM FRANKLIN LAKES, N.J.—Alan Homestead, OD, director of billing and coding for the Power Practice is set to join the May 13 edition of the “Power Hour.” He will be taking calls and separating fact from fiction regarding how to prepare for ICD 10. Additionally, Homestead will discuss common billing and coding myths.

Alcon’s Net Sales Rose 5 Percent in Q1 ’15

By Staff
Friday, May 08, 2015 12:26 AM FORT WORTH, Texas—Novartis’ (NYSE: NVS)  Alcon division posted net sales of $2.6 billion for first quarter ending March 31, 2015, a 5 percent increase in constant currency over year ago.
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