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A Stock to Take Heart In: ABMD

If your heart fails, Danvers, Mass.-based Abiomed (ABMD) says that it has the tools to take over the pumping function. The medical device maker, which makes blood pumps, catheters and sensors, recently got one of its products approved -- the Impella 2.5 -- and analysts and Abiomed are hoping that this tool will be the key to the company's success.

The Impella 2.5 is supposed to take over all the heart's pumping activity after a heart failure. By doing this, blood can continue to flow throughout the body while the heart rests and heals. The Impella 2.5 can pump 2.5 liters of blood flow per minute -- about half of what the heart pumps. That makes it a useful product for procedures, such as an angioplasty, by enhancing the blood flow during the procedure, thereby reducing the chances of any damage being done to the heart.

Continue reading A Stock to Take Heart In: ABMD

Newspaper wrap-up: UPS may face post-holiday slump

MAJOR PAPERS:
  • While United Parcel Service (NYSE: UPS) is preparing for the busiest time of the year, high costs and a slowing economy are set to present big challenges for the Atlanta company once the holiday season is over, the Wall Street Journal reported.
OTHER PAPERS:
  • BusinessWeek's "Inside Wall Street" column reported that shares of Abiomed Inc (NASDAQ: ABMD) have recovered nearly to its 52-week high of $15, rallying on buzz that the FDA could approve the company's chief product, Impella, a miniature pump at the end of a catheter, within 12 months.
  • The "Inside Wall Street" column also reported that Focus Media Holding Limited (NASDAQ: FMCN), the top advertising company in Internet, Mobile and Poster/Panel Markets, should benefit from the 2008 Summer Olympics.
WEB SITES:
  • According to sources and reported by AppleInsider, there have been additional sightings of an "unfamiliar MacBook model floating around" Apple Inc's (NASDAQ: AAPL) campus perhaps indicating a new Macbook is coming at next month's Macworld Expo.

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 01:51 AM

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