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Medtronic News

News on Medtronic (Ticker: MDT) continually updated from thousands of sources around the net.

Saturday | Star Tribune

Schafer: Medtronic follows tax trail pioneered by Tyco

Had it not been for a notorious American executive named L. Dennis Kozlowski, the merger deal that would move Medtronic 's headquarters to Ireland might not be happening.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Solera Networks, Salient Surgical Technologies

Thu Jul 10, 2014

Medical Device/Diagnostic Ind.

5 of the Best Performing Medtech Firms of 2014

During the first half of 2014, several of the medical device companies with the greatest stock price gains were M&A targets.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Salient Surgical Technologies, Allergan, Biotech

Business Journal

GE Healthcare shuffles Milwaukee-area execs after Medtronic hirings

Steve Gray led the GE Healthcare CT business as it spent hundreds of millions of dollars developing a next-generation computed tomography unit that the company calls "Revolution."

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Kyphon, Salient Surgical Technologies

Mon Jul 07, 2014

Business Journal

Medtronic discloses Minnesota job cuts

The eliminated positions are in Fridley, the headquarters for its corporate functions and neuromodulation business, and in Mounds View, where its cardiac rhythm disease management and structural heart divisions are based.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Solera Networks, Salient Surgical Technologies

Sat Jul 05, 2014

Star Tribune

Medtronic deal could sting for long-time shareholders

Bloomington retiree Jim Furber considers Medtronic Inc. a great asset to the state and says he's thankful for the company's growth and stock appreciation over the years.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Kyphon, Salient Surgical Technologies, Minnesota

Thu Jul 03, 2014

Freshnews

The Zacks Analyst Blog Highlights: Abbott Laboratories, Medtronic,...

Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Kyphon, Abbott Labs, Abbott Laboratories

Wed Jul 02, 2014

Sys-Con Media

People With Type 2 Diabetes Achieve Superior Outcomes With Insulin...

As an example of its commitment to improving clinical outcomes for all people with diabetes, Medtronic, Inc. today announced the results of the global OpT2mise trial, which included eight participating centres in Canada.

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Related Topix: Medicine, Insulin (generic), Humulin, Novolin, Medtronic, Diabetes, Medical Equipment, Health, Healthcare Industry, Startups, Horizon Therapeutics, Kyphon

Fri Jun 27, 2014

Forbes.com

Ex-Dividend Reminder: Bristol-Myers Squibb, Medtronic and Mack Cali Realty

Bristol-Myers Squibb will pay its quarterly dividend of $0.36 on 8/1/14, Medtronic, will pay its quarterly dividend of $0.305 on 7/25/14, and Mack Cali Realty will pay its quarterly dividend of $0.15 on 7/11/14.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Biotech, Real Estate, Bristol Myers Squibb, Mack Cali Realty Corporation

Thu Jun 26, 2014

Star Tribune

Supreme Court won't block Medtronic liability case

Medtronic wanted the case thrown out based on a legal concept that severely limits the ability to sue for injuries caused by devices approved by the U.S. Food and Drug Administration.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Kyphon, Salient Surgical Technologies, US News, US Supreme Court

Seeking Alpha

Medtronic Covets Covidien, But It Could Do So Much Better

At Covidien's current EBITDA and growth rate, this $43-billion investment will take ~6-7 years to recuperate for Medtronic.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Salient Surgical Technologies

Wed Jun 25, 2014

Star Tribune

New report calls Twin Cities tax climate 'competitive'

The announcement earlier this month by Cardiovascular Systems Inc. of a new $30 million headquarters and research facilities in New Brighton didn't get much attention, amid a lot of expansion in a booming Minnesota economy.

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Related Topix: Minnesota, KPMG International, Financial Services, Accounting, Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry

Benzinga

Medtronic Announces Crystal Af Trial Showed Insertable Cardiac...

Medtronic, Inc. , today announced results from the CRYSTAL AF Clinical Trial have been published in The New England Journal of Medicine.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Kyphon, Solera Networks, Salient Surgical Technologies

Business Journal

Medtronic could save $4 billion in taxes with Covidien acquisition

The Medtronic Inc. headquarters building stands in Minneapolis, Minnesota, U.S., on Monday, June 16, 2014.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Kyphon, Solera Networks, Salient Surgical Technologies

WWTC-AM Eagan

Merger Could Save Medtronic $4.2B In U.S. Taxes

Medtronic stands to save three and a half to four-billion dollars it otherwise would send to Uncle Sam in taxes if the merger with Covidien is approved.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Salient Surgical Technologies, Covidien

Mon Jun 23, 2014

Financial News & Daily Record

Medtronic's $43B deal brings more than tax savings

The headlines last week surrounding Medtronic Inc.'s $42.9 billion merger agreement with Covidien plc were mostly about Medtronic's 'tax inversion' strategy.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Salient Surgical Technologies, Ireland, World News,

RedOrbit

hackers breach medtronics

The largest stand-alone medical device manufacturer in the world has revealed that hackers had successfully infiltrated its computers, and that it had lost some patient records in separate incidents last year.

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Related Topix: Computer Security, Science / Technology, Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Securities and Exchange Commission, Corporate / Securities Law, Law

Sat Jun 21, 2014

TwinCities

Minnesota: Jobs, jobs, jobs vs. taxes, taxes, taxes: Pioneer Press editorial

It now employs 48,000 people, 8,000 of them in Minnesota, which will remain the company's "operational" headquarters.

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Related Topix: US News, US Senate, Democrat, US Politics, Amy Klobuchar, Senator Al Franken, Minneapolis, MN, Startups, Medtronic, Medicine, Medical Equipment, Kyphon, Healthcare Industry, Opinion

Fri Jun 20, 2014

New Hampshire Public Radio -

U.S.-Foreign Mergers Raise Calls For Tax Reforms

This week the big medical device company Medtronic said it was moving its legal headquarters from Minneapolis to Ireland.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Salient Surgical Technologies, Covidien

Theflyonthewall.com

Medtronic says discovered 'unauthorized intrusion' to systems in 2013

Options expected to be active Options expected to be active: WFT MDT COV BHP CCL EOG WMB IGT AMT TGT FIO NOK BLUE Covidien, Medtronic deal should close by year-end, says Brean Capital Brean Capital said Covidien's deal with Medtronic should close by year end and they do not see another suitor stepping in with a better proposal.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Salient Surgical Technologies, EPS

Reuters

UPDATE 2-Medtronic says was victim of cyber attack, lost patient records

Medtronic Inc, the world's largest stand-alone medical device maker, was the victim of a cyber attack and lost some patient records in separate incidents last year, it said in a regulatory filing on Friday.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Kyphon, Salient Surgical Technologies, Computer Security, Science / Technology

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