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Heart Technology Inc

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August 31, 1995 | From Associated Press
Boston Scientific Corp., a fast-growing maker of sophisticated miniature surgical devices, said Wednesday that it will buy Heart Technology Inc., a pioneer of a machine that drills open clogged arteries. The purchase is the latest in a series by Boston Scientific, based in suburban Natick, Mass., as it diversifies its products. The company, which earned $80 million last year on revenue of $448.9 million, is projected by some analysts to double both figures this year.
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BUSINESS
August 31, 1995 | From Associated Press
Boston Scientific Corp., a fast-growing maker of sophisticated miniature surgical devices, said Wednesday that it will buy Heart Technology Inc., a pioneer of a machine that drills open clogged arteries. The purchase is the latest in a series by Boston Scientific, based in suburban Natick, Mass., as it diversifies its products. The company, which earned $80 million last year on revenue of $448.9 million, is projected by some analysts to double both figures this year.
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BUSINESS
August 31, 1995 | From Times Wire Services
The dollar rose to a 6 1/2-month high against the yen on Wednesday as the Japanese currency suffered from the failure of two major Japanese financial institutions. Wall Street stocks ended mostly higher, meanwhile, bolstered by selective buying in the technology group, but the overall tone of the market remained lackluster. In Japan, regulators said they will close Kizu Credit Union and Hyogo Bank. In late New York trading, the dollar fetched 99.01 yen, up from 98.05 late Tuesday.
NEWS
April 30, 1993 | JAMES M. GOMEZ, TIMES STAFF WRITER
Sam Sabolovich has not been to work in eight years, and daily chest pains are a constant reminder of his doctor's advice: Just stay home and watch TV. "I don't do much. I don't even cut the grass anymore," said Sabolovich, 43, a decorated officer who retired in 1985 from the Detroit Police Department after undergoing quadruple heart bypass surgery. Since the surgery, Sabolovich's arteries have clogged again, forcing him to take daily dosages of nitroglycerin.
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