ABIOMED News

On Wednesday, Abiomed, Inc. reported its fourth quarter earnings and discussed the following topics in its earnings conference call.

J.C. Penney Company, Inc. : Stacey Widlitz believes that J.C. Penney's Q1 blowup may be the result of consumers just enjoying deals, as evidenced by the Ron Johnson-led tactic of promoting pricing without promotions, and subsequent drops in store traffic.

These are stocks that gapped up today and had open prices higher than the close on the previous trading day: SINA Corporation gapped up today, opening at $57.44 after closing the previous trading session at $51.68. Trading at a volume of 3.7 million, the stock price is up 13.6%. The stock has been on a downward trajectory over the last two months, ... (more)

The conference will be held at the InterContinental Hotel in Boston. Based in Danvers, Massachusetts, Abiomed, Inc., is a leading provider of medical devices that provide circulatory support to acute heart failure patients across the continuum of care in heart recovery.