17 hrs ago
Medtronic would pick up $25M in CEO's taxes
Medtronic CEO Omar Ishrak will receive $25 million of an estimated $63 million the company is prepared to pay high-ranking officials to offset the costs of moving it headquarters overseas.
Federal government sues Minnesota city for rejecting proposed Islamic center
The Abu Huraira Islamic Center planned to convert the lower level of Medtronic headquarters into a space for prayer and community gathering.
Wed Aug 27, 2014
Republicans Boehner and Camp Profit from Medtronic Tax-Driven Deal
Two top Republican lawmakers profited from a corporate tax-avoidance maneuver that the U.S. Treasury Department is seeking to curb.
Medical device maker Medtronic spends $350 million on another European acquisition
U.S. medical device maker Medtronic is building stronger ties to Europe, a couple months after announcing a $42.9 billion acquisition that involves moving its main executive offices across the Atlantic, where it can get a better tax deal.
Tue Aug 26, 2014
Medtronic pays $200 million for brain-stimulation tech
Medtronic Inc. said Tuesday it had bought Sapiens Steering Brain Stimulation, a Dutch maker of a tool that can send electrical pulses deep inside the brain.
Mon Aug 25, 2014
Financial News & Daily Record
Medtronic defends tax inversion strategy
With the company facing a backlash over its strategy, Medtronic Inc. CEO Omar Ishrak last week defended its plan to merge with an Irish company and move its official headquarters overseas.
Sat Aug 23, 2014
Living on our tax dollars but fleeing them-- tax inverters AbbVie and Medtronic
It's called "inversion" -- US corporations reincorporating in countries like Britain, Ireland or the Netherlands to duck US taxes, often by merging with a European entity.
Tue Aug 19, 2014
Medtronic Chief: Covidian Deal Good for Economy
Medtronic Inc Chief Executive Omar Ishrak defended his company's plan to acquire Dublin-based Covidien Plc in a so-called inversion deal, saying the medical device maker will be able to create more U.S. jobs while still paying substantial taxes once the transaction closes.
Medtronic (MDT) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Medtronic announced its earnings results on Tuesday. The company reported $0.93 earnings per share for the quarter, beating the analysts' consensus estimate of $0.92 by $0.01, Analyst RN reports.
Mon Aug 18, 2014
Does The Medtronic Whisper Number Indicate Investor Confidence?
Medtronic has a 39% positive surprise history . The overall average post earnings price move is 'positive' when the company reports earnings.
Cognex Ships Its One Millionth Vision System
The Cognex In-SightA vision system was purchased by Medtronic, the world's largest medical technology company.
Sun Aug 17, 2014
Medtronic (MDT) to Release Earnings on Tuesday
Medtronic will be posting its Q115 quarterly earnings results on Tuesday, August 19th.
Fri Aug 15, 2014
Covidien Inversion Deal Under Scrutiny by Options Traders
Speculation Medtronic Inc. will modify its offer for Covidien Plc as sentiment worsens toward tax inversions is fueling demand for bearish options.
Thu Aug 14, 2014
Medtronic founder Bakken praises Covidien purchase
The Fridley-based device maker on Thursday sent a message signed by Bakken that praises the $43 billion deal that will move Medtronic's corporate headquarters to Ireland while maintaining its operational headquarters in Minnesota.
Sun Aug 10, 2014
The New Zealand Herald
Corporate 1pc get wealthier as cash piles up
Income inequality has company - make that companies. A new wealth gap is opening among US corporations, where cash holdings are growing more concentrated as the rich get richer.
Sat Aug 09, 2014
FTC seeks more details on Covidien takeover
Federal antitrust regulators have asked for more information on medical device giant Medtronic Inc.'s plan to buy Mansfield health care supplies company Covidien PLC, raising the possibility the $42.9 billion acquisition could be delayed.
Wed Aug 06, 2014
Medtronic enters hemodialysis field, builds factory in China
Medtronic Inc. has just broken ground to build its first production line for hemodialysis systems, hoping to serve the global market from its new production base in Chengdu, China.
Tue Aug 05, 2014
VMware GM: NSX Adoption Accelerating With Customers, Partners
VMware's NSX software defined networking platform is hitting its stride with customers and the channel adoption accelerating at a rapid pace, VMware Network and Security Business Unit General Manager Steve Mullaney said.
Sun Aug 03, 2014
At long last, a seller's market in Minnesota mergers and acquisitions
The stone-cold, postrecession mergers-and-acquisitions market has gradually heated into a 2014 deals market that could be the best year since 2007.
Thu Jul 31, 2014
The Salinas Californian
SVMH picked for key clinical studySVMH picked for key clinical...
SVMH picked for key clinical study It's one of 45 hospitals worldwide testing new MRI-friendly heart device.