On the upside
Phillips-Van Heusen (NYSE: PVH) will pay approximately $3 billion in cash and stock to acquire Tommy Hilfiger.
Medtronic (NYSE: MDT) reported upbeat results for its Cryoblation catheter.
RadNet (Nasdaq: RDNT) reversed year ago losse to post a fourth quarter profit as revenue rose.
On the downside
Gramercy Capital (NYSE: GKK) retained the services of EdgeRock Realty Advisors to explore strategic alternatives for its Gramercy Realty business.
Although Insmed (Nasdaq: INSM) swung to a profit for the fourth quarter, revenue slipped.
American Bioengineering (NYSE: AOB) reported higher fourth quarter earnings but the results fell short of expectations.
