J&J: Expect More Consolidation in Orthopedics Industry
Fierce Medical Devices5.22.2014

Michael Orsinger, chairman of Johnson & Johnson's ($JNJ) DePuy Synthes orthopedics unit, said May 22 that customers are demanding a "one stop shop" approach toward implants, predicting that it will drive continued consolidation in the industry.

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With Big Pharma Mergers in the Works, Who’s SG&A Costs Look Ripe for Cutting?
Fierce PharmaMarketing4.30.2014

When Big Pharma starts talking about big buyouts, the sales and marketing departments start chattering about their jobs. Last week's Novartis-plus-GlaxoSmithKline cancer deal is one prime example. Another, bigger one: Pfizer's proposed $100-billion-or-so buyout of AstraZeneca.

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GE Healthcare Makes a Buyout Deal in Hospital Management Tech
Fierce Medical Devices4.02.2014

GE Healthcare ($GE) is looking to cash in on the march toward hospital efficiency. It announced the acquisition of operating room management and analytics solutions provider CHCA Computer Systems today for an undisclosed amount. The deal is expected to close in the second quarter of 2014.

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Multi-Asset Traders Look to Future(s)
Markets Media4.04.14

Multi-asset trading has become the watchword for all asset managers, including traditional long-only ones. As a result, they are demanding a single platform to trade all asset classes, especially futures. ITG recently added futures trading to its Triton EMS suite trading through a new universal Level 2 window. With this enhancement, institutional investors can trade equities, options, foreign exchange and a broader universe of futures using a single workflow tool, the company said. “Global futures is something that we’ve expanded into in a way that replicates many of the advancements that we’ve made in the equities business,” said Will Geyer, ITG managing director and head of platforms. Read more.

ITG Releases New Smart Limit Algorithm
Traders Magazine2.26.14

ITG announced the launch of ITG Smart Limit Algorithm, or "SLimit". ITG Smart Limit Algorithm employs logic to determine optimal order pricing, sizing and routing in order to balance spread capture opportunities and adverse selection risk. "ITG Smart Limit Algorithm enables institutional traders to compete effectively with high frequency traders when supplying liquidity since it uses similar trading technology and techniques," said Jeff Bacidore, head of algorithmic trading at ITG. He added, "Clients can use SLimit directly when working orders manually or indirectly when using an existing ITG algorithm." Read more.

US Analysts Divided Over Snowstorm’s Impact on Economy
Channel News Asia2.18.14

Channel News Asia: Steve Blitz, chief economist at ITG, said: “The economy was slowing a little from the pace that was set late summer, early fall, but obviously the slowdown got exacerbated by the weather.” Read more.

Signs of Life in Home Building
New York Times2.10.14

New York Times: “If one is looking for a positive sign for home buying later this year as well as for autos, this is the most powerful one,” wrote Steve Blitz, the chief economist at ITG Investment Research. Read more.

Early approval by FDA for Medtronic’s self-expanding transcatheter CoreValve System for severe aortic stenosis patients
Stryker and Samsung partner together on a portable CT scanner
Is QE finally on the way for the eurozone?
City A.M.1.10.14
A day after the European Central Bank (ECB) did what everyone thought it would do and didn't cut interest rates, Capital Economics thinks president Draghi knows he needs to act sooner rather than later, and that there's a good chance he will. But Steve Blitz, chief economist at ITG, says there wasn't much the bank could do anyway: "Can we now all agree that central banks cannot create inflation out of thin air?" The situation in the Eurozone is not as optimistic as many would have. Continue reading.
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