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Avanos Medical Inc (AVNS.N)

AVNS.N on New York Stock Exchange

69.45USD
20 Sep 2018
Change (% chg)

$0.33 (+0.48%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Halyard Health Announces Agreement To Acquire Coolsystems Inc Marketed As Game Ready®
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Halyard Health Inc ::HALYARD HEALTH ANNOUNCES AGREEMENT TO ACQUIRE COOLSYSTEMS, INC., MARKETED AS GAME READY®.HALYARD HEALTH INC - DEAL FOR $65 MILLION IN CASH.HALYARD HEALTH INC - TRANSACTION IS EXPECTED TO BE IMMATERIAL TO HALYARD'S FISCAL YEAR 2018 ADJUSTED DILUTIVE NET EARNINGS PER SHARE.HALYARD HEALTH INC - HALYARD IS REAFFIRMING ITS 2018 ADJUSTED DILUTIVE NET EARNINGS PER SHARE GUIDANCE OF $1.65 TO $1.85.HALYARD HEALTH INC - TRANSACTION IS EXPECTED TO BE SLIGHTLY ACCRETIVE TO EARNINGS IN 2019 FOR HALYARD.HALYARD HEALTH INC - INTENDS TO FUND ACQUISITION FROM CURRENT CASH.  Full Article

Halyard Health ‍On March 30, Court Reduced Punitive Damages Awarded Against Co To $1.3 Mln Related To Bahamas Surgery Center
Monday, 2 Apr 2018 

April 2 (Reuters) - Halyard Health::‍ON MARCH 30, COURT REDUCED PUNITIVE DAMAGES AWARDED AGAINST CO TO $1.3 MILLION RELATED TO BAHAMAS SURGERY CENTER.COURT ALSO REDUCED PUNITIVE DAMAGES AWARDED AGAINST KIMBERLY-CLARK CORPORATION FROM $350 MLN TO $19.4 MLN​.‍ ON MARCH 30, COURT GRANTED CO'S MOTION TO DISMISS, WITHOUT LEAVE TO AMEND, PUTATIVE CLASS ACTION FILED ON JUNE 28, 2016​.SEC FILING​.  Full Article

Halyard Health Says‍ Plan To Restructure Co's IT Systems Was Approved
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Halyard Health Inc ::HALYARD HEALTH SAYS‍ ON MARCH 15, PHASE OF A RESTRUCTURING PLAN TO RESTRUCTURE CO'S IT SYSTEMS WAS APPROVED - SEC FILING​.HALYARD HEALTH INC - ‍ EXPECTS TO INCUR BETWEEN $40 MILLION AND $50 MILLION TO IMPLEMENT IT SYSTEMS RESTRUCTURING PLAN​.HALYARD HEALTH- EXPECTS TO SUBSTANTIALLY COMPLETE "ITS" RESTRUCTURING PLAN BY 2019 END; SEES SAVINGS BETWEEN $15 MILLION AND $19 MILLION ON ANNUALIZED BASIS​.HALYARD HEALTH INC - ‍ EXPECTS OTHER IT-RELATED COSTS TO BE REDUCED BY ABOUT $13 MILLION TO $17 MILLION PER YEAR FOLLOWING SEPARATION OF S&IP BUSINESS.  Full Article

Halyard Health Q4 Earnings Per Share $0.69
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Halyard Health Inc ::HALYARD HEALTH, INC. ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2017 RESULTS.Q4 EARNINGS PER SHARE $0.69.Q4 CONTINUING OPERATIONS, OR MEDICAL DEVICE SALES, WERE $166 MILLION, AN 8 PERCENT INCREASE FROM PRIOR YEAR.2018 MEDICAL DEVICE SALES ARE EXPECTED TO INCREASE 4 TO 6 PERCENT, ON A CONSTANT CURRENCY BASIS.Q4 ADJUSTED EARNINGS PER SHARE $0.73.Q4 EARNINGS PER SHARE VIEW $0.50, REVENUE VIEW $416.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Halyard Health Board Approved Initial Phase Of Multi-Year Restructuring Plan
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Halyard Health Inc ::HALYARD HEALTH-ON DEC 14, BOARD APPROVED INITIAL PHASE OF MULTI-YEAR RESTRUCTURING PLAN FOR DIVESTITURE OF SURGICAL AND INFECTION PREVENTION BUSINESS.HALYARD HEALTH INC - EXPECT TO INCUR BETWEEN $8 MILLION AND $10 MILLION OF PRE-TAX COSTS.HALYARD HEALTH INC - EXPECT TO SUBSTANTIALLY COMPLETE INITIAL PHASE OF PLAN BY END OF 2019.HALYARD HEALTH INC - EXPECT SAVINGS BETWEEN $11 MILLION AND $13 MILLION ON AN ANNUALIZED BASIS ONCE INITIAL PHASE OF PLAN IS COMPLETED.  Full Article

Owens & Minor to buy Halyard Health's surgical & infection prevention business for $710 mln
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Owens & Minor Inc :Owens & Minor to acquire Halyard Health Inc's surgical & infection prevention (S&IP) business for $710 million in cash.Owens & Minor Inc - ‍expects annual pre-tax synergies to reach approximately $40 million by year three post closing​ of deal.Owens & Minor Inc - co expects transaction to be accretive to non-GAAP diluted earnings per share in 2018, with increasing accretion thereafter​.Owens & Minor Inc - ‍intends to finance transaction with a combination of cash and debt​.Owens & Minor Inc- ‍transaction has been approved by boards of directors of both companies​.  Full Article

Halyard Health to sell S&IP business to Owens & Minor
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Halyard Health Inc :Halyard Health, Inc. announces sale of S&IP business to Owens & Minor, Inc. for $710 million.Halyard Health - Co's remaining business expected to undergo phased restructuring to address dis-synergies, costs associated with divestiture​.Halyard Health Inc - ‍company expects dis-synergies to be eliminated through a multi-year transformation​.Halyard Health Inc - initiated a rebranding process and development of a new information technology platform​.  Full Article

Halyard Health Q3 adjusted earnings of $0.60/shr
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Halyard Health Inc :Halyard Health, Inc. announces third quarter 2017 results, raises full-year adjusted diluted eps outlook.Q3 adjusted earnings per share $0.60.Q3 earnings per share $0.35.Q3 sales $401 million versus $398 million.Q3 earnings per share view $0.46, revenue view $396.1 million -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $2.03 to $2.13.Halyard Health Inc - sees FY 2017 GAAP earnings per share $0.96 to $1.25‍​.  Full Article

Halyard Health reports Q2 EPS of $0.36
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Halyard Health Inc ::Halyard Health, Inc. Announces second quarter 2017 results, raises full-year adjusted diluted eps outlook.Q2 adjusted earnings per share $0.51.Q2 earnings per share $0.36.Q2 sales $399 million versus $400 million.Sees fy 2017 adjusted earnings per share $1.85 to $2.05.Fy2017 earnings per share view $1.85 -- Thomson Reuters I/B/E/S.  Full Article

Halyard Health says CEO Robert Abernathy to retire
Friday, 23 Jun 2017 

June 23 (Reuters) - Halyard Health Inc :Says CEO Robert E. Abernathy to retire.Says Joseph F. Woody appointed CEO.Says Joseph F. Woody appointed CEO.Says Joseph F. Woody appointed CEO.Halyard Health Inc - on June 23, co announced , effective June 26, Abernathy will retire as CEO but will continue as chairman of board of directors.Halyard Health Inc - also effective as of June 26, 2017, board has determined to expand size of board to 10 from 9 - SEC filing.  Full Article