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ResMed shares hit by fears about fed actions

Shares of San Diego’s ResMed Inc. (NYSE: RMD) have dropped 5 percent in the past two days, based on fears that the government might lower Medicare and Medicaid spending on home health care equipment.

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ResMed Inc.

Company Website

9001 Spectrum Center Blvd.
San Diego, CA 92123

Company Trade Data

Stock Symbol Close
Change
Chg %Chg
Volume
52-Week
High Low
RMD
51.88
  0.13  
+ 0.25%
515,065,000
57.34
41.52

Insider Trade Data

Date Insider Shares Type Value
08/18/2014 Pace, Gary William 25,000 Sell $1,290,050
08/18/2014 Pace, Gary William 36,000 Exchange $756,900
08/15/2014 Farrell, Michael J 3,200 Sell $164,365
08/15/2014 Farrell, Michael J 3,200 Exchange $69,360
08/04/2014 Pendarvis, David Brian 5,000 Sell $245,617

ResMed Inc. Executive(s):

Peter Farrell

  • Founder, Executive Chairman

Michael Farrell

  • Chief Executive Officer

Robert Douglas

  • Chief Operating Officer, President

Brett Sandercock

  • Chief Financial Officer

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