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Stock impact report

Medical device makers see little impact from Fiona on Puerto Rico operations [Reuters]

Baxter International Inc. (BAX) 
Last baxter international inc. earnings: 4/30 07:15 am Check Earnings Report
US:NYSE Investor Relations: investor.baxter.com
Company Research Source: Reuters
disruption from Hurricane Fiona, which knocked out power for over 3 million people and caused flooding and landslides on the island. The U.S. Food and Drug Administration, which worked with companies to prevent shortages of drugs and medical devices after Hurricane Maria battered the medical manufacturing hub in 2017, said it is in discussion with companies it regulates there regarding any impact on supplies. Most companies Reuters spoke to, including Baxter International (BAX.N) , said they had initially either temporarily halted operations or were running their plants on generators since Fiona struck on Sunday. None said they expected supplies to the United States to be significantly disrupted by the storm, in part due to infrastructure changes, such as building up their generator power, following Hurricane Maria. The electricity grid on the island is owned by bankrupt state-run Puerto Rico Electric Power Authority (PREPA) and is now operated by LUMA Energy, a private joint Show less Read more
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