Medical Equipment Zone

Group recycles medical equipment to give to the needy

admin — Tue, 31 Mar 2009 17:25:31 +0000

Have an old wheelchair collecting dust in your house or a cane you’re not using anymore? There is a way to recycle medical equipment and help someone in our community.

Goodwill Industries of the Valleys gives all those items to a non-profit organization called FREE or the Foundation for Rehabilitation Equipment Endowment.

Sonja Schaible with the FREE Foundation said “Everything here is donated from the community for us to give back to the community for free.”

Last year FREE gave away 553 pieces of equipment worth $145,000.

Before anything leaves here, it’s refurbished, inspected, and sanitized to make sure it’s in tip top condition.

For more information on the FREE foundation call (540) 777-4929.

Medical Equipment Companies Meeting Berkshire Hathaway Acquisition Criteria: Covidien Ltd. (COV) , St. Jude Medical Inc. (STJ) , Zimmer Holdings Inc. (ZMH)

admin — Tue, 31 Mar 2009 17:19:53 +0000

On March 19, Bloomberg reported that Warren Buffett, Chairman and CEO of Berkshire Hathaway, is seeking to spend $5 billion to $20 billion on an acquisition. He prefers “simple” businesses with pretax profit exceeding $75 million, “consistent earnings power,” “good” returns on equity and little or no debt. Bloomberg went on and stated that there are 50 U.S. companies with that much market value and profit, a return on equity exceeding 10 percent and a debt-to- equity ratio less than 50 percent, according to Bloomberg’s own data.

It is fool’s game to speculate on which of the 50 companies that Berkshire Hathaway will acquire. Each company has to stand on its own investment merit regardless what Warren Buffett may or may not make a move on it.

GuruFocus dug into the list of companies and present information on company’s business, ownership of the Investment Gurus, and trade activity of insiders. The companies are grouped according to industries they operate in. This part we treat threee medical equipment companies: Covidien Ltd. (COV) , St. Jude Medical Inc. (STJ) , Zimmer Holdings Inc. (ZMH)

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admin — Sun, 09 Mar 2008 15:02:27 +0000

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