Stryker Corporation Pledges to Fix Its Europe Problem

Medical device company Stryker Corp. acknowledges that its performance in recession-savaged Europe is a problem, but that has less to do with the economy than you think. Stryker (NYSE:SYK) has brushed off economic troubles in the U.S. for several quarters, but it has a European crisis of its own to deal with, company officials reiterated yesterday during the medical device company's annual analyst day in Mahwah, N.J. Ramesh Subrahmanian, the company's international group president, said Stryker's troubles in Europe go beyond the weak economy there, vowing to work hard to improve the company's performance across the pond.

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