Baxter's Largest Plant Closed as Helene Damages Inventory [BNN Bloomberg (Canada)]
ICU Medical, Inc. (ICUI)
Last icu medical, inc. earnings: 2/27 04:05 pm
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Source: BNN Bloomberg
Baxter's North Cove plant, located in Marion, North Carolina, is the largest manufacturer of intravenous and peritoneal dialysis solutions in the country. The disruption is expected to negatively impact the company's financial results, according to a statement it released Sunday. The Deerfield, Illinois-based company's shares pared a drop of as much as 4.1% in early trading Monday before trading down 2.3% to $38.01 as of 12:01 p.m. in New York. Helene struck Florida as a Category 4 hurricane on Friday, bringing deadly 140 mile-per-hour winds and flooding across multiple states in the Southeast. Heavy rain and storms from the storm triggered a levee breach that led to water entering the facility, damaging some stock and raw materials, a Baxter spokesperson said. It's too early to tell whether the shutdown will affect medical procedures in the US, Wells Fargo analysts said in a research note. Other makers of products that compete with Baxter's — ICU Medical Inc., Fresenius Kabi A
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ICUI
News
- ICU Medical, Inc. (NASDAQ: ICUI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- ICU Medical, Inc. (NASDAQ:ICUI) Just Reported And Analysts Have Been Lifting Their Price Targets [Yahoo! Finance]Yahoo! Finance
- ICU Medical, Inc. (NASDAQ: ICUI) had its price target raised by analysts at KeyCorp from $198.00 to $209.00. They now have an "overweight" rating on the stock.MarketBeat
- ICU Medical, Inc. (NASDAQ: ICUI) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- ICU Medical Inc (ICUI) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
ICUI
Earnings
- 11/12/24 - Beat
ICUI
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 10-Q
- 11/12/24 - Form 8-K
- ICUI's page on the SEC website