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Tag: rhein medical instruments

US stocks slide again as Rhein Medical Instruments’ stock falls 3% in after-hours trading

Posted on September 23, 2021

Rheins Medical Instruments, a biotechnology company that makes bio-medical devices, is down 3.5% after it reported earnings that were “lower than expected.”It was the fourth quarter that the company had seen negative revenue growth, with its revenue growth of 1.4% and operating income declining by 2.3%.The company’s stock has dropped 17.8% since last June.“We are…

Why did Apple decide to stop selling endoscopes in Germany?

Posted on September 20, 2021

Apple has made a decision to stop carrying the Endoscopy Medical Instruments GmbH Endoscopes line of products in Germany, citing “high prices.”In a statement, the company said it “is committed to maintaining and supporting our German operations,” adding that it is “not aware of any changes that could affect its customers.”German news outlet Der Spiegel…

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