Teleflex Inc. Has Surged To A New High On Guidance News

Teleflex Inc. (TFX) announced Monday morning that it now expects to report full year 2010 EPS of $4.10 to $4.25. The consensus estimate is for EPS of $3.98. The company also announced that it appointed Richard Meier as Executive Vice President and CFO, effective immediately.

Teleflex Inc. gapped up and spiked higher Monday morning. Shares are now up 3.90 at $60.19. The stock has jumped to a new high for the year.

by RTTNews Staff Writer

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