financetom
Business
financetom
/
Business
/
Edwards Lifesciences' JenaValve Acquisition Blocked by US FTC
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Edwards Lifesciences' JenaValve Acquisition Blocked by US FTC
Aug 6, 2025 11:37 AM

02:17 PM EDT, 08/06/2025 (MT Newswires) -- The US Federal Trade Commission moved to prevent Edwards Lifesciences ( EW ) from acquiring JenaValve Technology, Edwards said on Wednesday.

"Edwards disagrees with FTC's decision and believes it will limit the availability of an important treatment option for patients suffering from aortic regurgitation," Edwards said in a statement. "The company further believes the acquisition of JenaValve will accelerate the availability, adoption and continued innovation of a life-saving treatment for patients suffering from AR."

Edwards said it will continue seeking regulatory approval and expects a final determination by the end of Q1 next year.

The company said it now expects full-year 2025 adjusted earnings of $2.45 to $2.55 per share, versus $2.40 to $2.50 previously. Analysts polled by FactSet expect $2.49. The company also expects "minimal impact" on Q3 adjusted EPS guidance.

Price: 78.24, Change: -1.01, Percent Change: -1.27

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Shineco Shares Surge On Launch Of Blockchain-Based Cell Asset Tokenization Platform
Shineco Shares Surge On Launch Of Blockchain-Based Cell Asset Tokenization Platform
Aug 20, 2025
Shineco Inc. ( SISI ) shares are trading higher on Wednesday after the company announced the launch of what it calls the world's first on-chain cell asset tokenization platform. See what is happening to SISI stock here. What To Know: To support the system, Shineco ( SISI ) acquired a 51% stake in Xi'an Dong'ao Health Management, a company specializing...
Illinois AG faces another lawsuit over use of outside lawyers
Illinois AG faces another lawsuit over use of outside lawyers
Aug 20, 2025
Aug 20 (Reuters) - A pair of New Jersey energy companies facing enforcement actions brought by Illinois Attorney General Kwame Raoul are the latest to sue him over his office's use of private law firms to pursue state business. In a lawsuit filed Wednesday in federal court in Chicago, Residents Energy and its affiliate, IDT Energy, accused Raoul, a Democrat,...
Equifax Insider Sold Shares Worth $742,050, According to a Recent SEC Filing
Equifax Insider Sold Shares Worth $742,050, According to a Recent SEC Filing
Aug 20, 2025
04:24 PM EDT, 08/20/2025 (MT Newswires) -- John W Gamble Jr, Executive Vice President, CFO & COO, on August 18, 2025, sold 3,000 shares in Equifax ( EFX ) for $742,050. Following the Form 4 filing with the SEC, Gamble has control over a total of 62,202 common shares of the company, with 62,202 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/33185/000122520825007371/xslF345X05/doc4.xml...
Unifi Fiscal Q4 Adjusted Loss Widens, Revenue Falls
Unifi Fiscal Q4 Adjusted Loss Widens, Revenue Falls
Aug 20, 2025
04:20 PM EDT, 08/20/2025 (MT Newswires) -- Unifi ( UFI ) reported a fiscal Q4 adjusted loss late Wednesday of $0.56 per diluted share, widening from a loss of $0.22 a year earlier. One analyst surveyed by FactSet expected a loss of $0.80. Net sales for the three months ended June 29 was $138.5 million, down from $157.5 million a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved