Sulzer Medica shares soar on U.S. settlement

Article Abstract:

Shares of Sulzer Medica AG rose after the company announced a plan to quickly settle hundreds of U.S. lawsuits related to a recall of faulty hip implants and the withdrawal of defective knee implants.

United States, Legal issues & crime, Product quality, Artificial Joints, Cases, Medical equipment and supplies industry, Joint prostheses

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Nokia says sales to hit low end of its projections

Article Abstract:

Nokia Corp. forecasted earnings and sales at the lower end of expectations for the first quarter. The company blamed the forecast on a drop in mobile network division sales.

Finland, Forecasts, trends, outlooks, Forecasts and trends, Telecommunications equipment industry, Market trend/market analysis, Company sales and earnings, Nokia Corp., NOK, Company earnings/profit

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Sulzer Medica reported loss for first quarter

Article Abstract:

Sulzer Medica AG posted a 608.1 million Swiss francs loss for the 2001 first-half. The company blamed the loss on extraordinary provisions valued at $546 million.

Switzerland, Surgical Appliances & Supplies, Surgical equipment and supplies industry

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