We're pleased to close this chapter, and put this matter behind us. We can now direct our full attention to developing our life-saving products and technologies.
More Quotes from Paul Donovan:
It's clear we have not done enough to resolve the issues raised by the FDA, and we recognize fully that the responsibility to do so lies with us.Paul Donovan
It was a very good quarter. We beat Wall Street consensus estimates for revenue, and we believe we met them for earnings.
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That's important because the actual proper economic indicators are getting a bit behind the times in picking up the changes that are taking places,
Paul Donovan
We are seeing a belief that the Japanese economy is recovering. The Japanese are going to keep their money at home and overseas investors are going to put more to work in Japan.
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We believe our 72 proposal is better for Guidant, its shareholders and its employees than Johnson Johnson's revised offer. We are offering significantly more value, and there is strong upside potential over time.
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Tax revenues are going to be lower. Fewer people will have jobs, fewer people will pay income tax, more people get unemployment benefits, so government spending goes up.
Paul Donovan
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