St. Jude Medical (STJ -6%) could receive a warning letter from the FDA about its manufacturing...

|About: St. Jude Medical, Inc. (STJ)|By:, SA News Editor

St. Jude Medical (STJ -6%) could receive a warning letter from the FDA about its manufacturing facility in Sylmar, California, where it produces defibrillators and pacemakers and which the FDA is inspecting. The news, which CEO Dan Starks disclosed on an earnings call, is not a surprise given the massive insulation problems St. Jude has had with the wires for its defibrillators.