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Opening Glance: Medical Devices mixed



By AP
19 June 2008 @ 09:52 am EST

NEW YORK - Shares of medical device companies opened higher Thursday as the broader market wavered on fluctuating oil prices and a Labor Department report showing jobless claims fell last week.

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Quotes
BSX 9.96 -0.37
STJ 37.89 -1.51
MDT 45.8 -1.65
ABT 55.88 -0.52

SYMBOL LOOKUP

In industry news, Boston Scientific Corp. said it would sell investments in a portfolio of companies for $140 million, and record a loss in the second quarter on the deals.

Here's how several key medical device stocks performed Thursday:

St. Jude Medical Inc., up 8 cents to $40.54.

Boston Scientific Corp., down 2 cents to $13.55.

Medtronic Inc., down 31 cents to $50.81.

Abbott Laboratories, up 6 cents to $53.17.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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