U.S. stocks turned lower midway through trading, with the Dow Jones dropping around 50 points on Thursday.
The Dow traded down 0.15% to 33,897.48 while the NASDAQ fell 0.12% to 11,896.28. The S&P 500 also fell, dropping, 0.17% to 4,110.99.
U.S. stocks traded higher this morning, with the Dow Jones jumping around 250 points on Thursday.
The Dow traded up 0.75% to 34,204.99 while the NASDAQ rose 1.15% to 12,047.28. The S&P 500 also rose, gaining, 0.75% to 4,148.69.
Abbott Laboratories (NYSE:ABT) agrees to acquire Cardiovascular Systems Inc (NASDAQ:CSII) for $20/share for an equity value of approximately $890 million. CSI offers…
Cardiovascular Systems (NASDAQ:CSII) reported quarterly losses of $(0.20) per share which missed the analyst consensus estimate of $(0.15) by 33.33 percent. This is a 13.04 percent increase over losses of $(0.23) per
Abbott (NYSE: ABT) and Cardiovascular Systems, Inc. (CSI), today announced a definitive agreement for Abbott to acquire CSI, a medical device company with an innovative atherectomy system used in treating peripheral and coronary artery disease.