SOURCE: Wall Street Equity Research

Wall Street Equity Research

August 25, 2010 08:47 ET

Professional Research on Hologic and Medtronic -- Bellwether Stock Pulls Down Already Worried Device Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 25, 2010) - gives shareholders valuable insight on medical appliances & equipment stocks Hologic Inc. (NASDAQ: HOLX) and Medtronic Inc. (NYSE: MDT). Sign up today at to receive free research reports on these equities.

While the recent government legislation mandating health-care to all American citizens should prove to be a boon for the health-care industry, much of the sector is struggling as of late due to the poor macroeconomic environment. is a specialized website where investors can have specific access to free reports medical appliances & equipment industry; traders looking for analyst opinions on Hologic Inc., Medtronic Inc. and other companies in this industry are welcomed to sign up for a free one year membership at

High unemployment percentages brought about by the recession have caused consumers to make fewer and fewer doctor's visits, decreasing hospitals' overall access to capital. This has proven to have strongly negative effects on the Medical Appliances and Equipment industry as the hospitals are being forced to cut back their spending on new equipment.

With patients delaying their visits more and more, the companies within the Medical Appliances and Equipment sector that rely upon diagnostic revenues are also seeing sharp declines. At the same time, increased insurer restrictions are causing many patients to choose not to undergo surgeries that they might normally opt for during less economically turbulent times. Increased pricing pressure has also resulted from the market slowdown, causing many companies to post lower than projected revenues. Visit us at to understand the catalysts and forces driving or affecting the medical appliances & equipment industry in today's economic environment.

Yesterday, Medtronic Inc., the world's largest medical device maker, released its financial results with earnings jumping by 87% to $830 million but saw sales tumbled for the quarter. The company's sales figures triggered industry wide negativity as most stocks throughout the device industry shifted towards red territories. Traders can have complimentary access to today's complete research report on Medtronic Inc. by signing up at

Hologic Inc. which posted an 11% decline in profit early this month also saw its share price diving down 4.29% to close at $14.04 yesterday. Traders can get direct and free access to today's full report on Hologic Inc. by signing up at

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