Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Smith & Nephew investors may push for breakup - Mail on Sunday [Seeking Alpha]

Smith & Nephew SNATS, Inc. (SNN) 
Last smith & nephew snats, inc. earnings: 8/1 04:05 pm Check Earnings Report
US:NYSE Investor Relations: smithoptics.com
Company Research Source: Seeking Alpha
The holders want CEO Deepak Nath to improve the company's fortunes or potentially be ousted, according to a Mail on Sunday report . Shareholders are looking for a shake-up in Smith & Nephew's ( SNN ) orthopedics division, which may be a potential spin-off candidate. Investors are said to pleased with the leadership of Smith & Nephew ( SNN ) Chairman Rupert Soames, though they are unsure about CEO Nath, according to the report. The Mail on Sunday report comes after Swedish activist investor Cevian Capital disclosed a 5% stake in the UK-medical device maker in July. BlackRock ( BLK ) is also one of the company's biggest holders, with a more than 5% stake. "Over the last two years we have delivered revenue growth above historical levels and increased profitability," a Smith & Nephew spokesperson told Mail on Sunday. "There is clear momentum... and continued delivery of innovation." The pressure from shareholders comes at a time when Smith & Nephew ( SNN ) shares have fallen 15% Show less Read more
Impact Snapshot
Event Time:
SNN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
SNN alerts

from News Quantified
Opt-in for
SNN alerts

from News Quantified