On Friday, Shares of St. Jude Medical, Inc. (NYSE:STJ), added 0.15% and closed at $80.86 in the last trading session. The last trading range of the stock ranges between $80.44 and $81.00. The company’s Market capitalization is $23.07 Billion with the total Outstanding Shares of284.93Billion. During the 52-week trading session the minimum price at which share price traded, registered at $48.83 and reached to max level of $84.00. St. Jude Medical, Inc. (STJ), a global medical device company, recently declared the United States Food and Drug Administration approval and first implant of the St. Jude Medical Infinity™ Deep Brain Stimulation (DBS) system and its DBS directional leads, the first directional lead approved in the United States. Combined with the first and only wireless iOS™ software platform available to DBS patients and physicians, the St. Jude Medical Infinity system provides a discreet, personalized experience for patients suffering from Parkinson’s disease or essential tremor, while delivering targeted relief of only the necessary areas.
The Infinity DBS system was first implanted by Dr. Kelly Foote, professor of neurosurgery and co-director of the University of Florida Center for Movement Disorders and Neurorestoration at the UF Health Shands Hospital.
Speaking about the new technology, Foote said, “I’m very happy that the Infinity DBS system and its directional DBS lead are now available in the U.S. I believe that the directional lead represents an important advancement in DBS technology that has the potential to improve outcomes of DBS therapy for many patients. This new system offers the potential to diminish adverse effects of DBS by steering current away from areas of the brain that cause side effects, allowing us to better control the symptoms of Parkinson’s disease and essential tremor.”
Shares of Zumiez Inc. (NASDAQ:ZUMZ), added 3.69% and closed at $21.93 in the last trading session. The last trading range of the stock ranges between $21.36 and $22.54. The company’s Market capitalization is $564.62 Billion with the total Outstanding Shares of 24.83Billion. During the 52-week trading session the minimum price at which share price traded, registered at $11.53 and reached to max level of $22.54. Zumiez Inc. ( NASDAQ : ZUMZ ), a leading specialty retailer of apparel, footwear, equipment and accessories for young men and women recently declared that total net sales for the five-week period ended October 1, 2016 raised 11.5% to $75.0 million, contrast to $67.3 million for the five-week period ended October 3, 2015. The Company’s comparable sales raised 6.3% for the five-week period contrast to a comparable sales decrease of 1.8% in the year ago period.
Based mainly on higher than planned sales quarter-to-date the Company is raising its guidance and now anticipates fiscal 2016 third quarter net sales in the range of $216 to $217 million and net income per diluted share of about $0.29 to $0.30, a boost from the formerly issued guidance of net sales in the range of $209 to $213 million and net income per diluted share of about $0.21 to $0.26. This guidance is now predicated on a comparable sales increase of about 2% for the third quarter.