Stocks and Finance

Medtronic

Medtronic 5/22/2012

06:58 : Medtronic Q4 profit rises - NEW YORK (MarketWatch) -- Medtronic Inc. said on Tuesday that its fiscal fourth-quarter profit roses to $991 million, or 95 cents per share, from $776 million, or 73 cents a share a year ago. The firm's net sales grew during the quarter ...
Source : marketwatch-com

Medtronic 5/21/2012

07:33 : Ex-Medtronic CEO Bill George says marriage amendment bad for business - Business leaders in Minnesota need to take a active role in opposing a proposed amendment banning same-sex marriage, says former Medtronic Inc. CEO Bill George. George, in an opinion piece in the Star Tribune, says that the amendment's ...
Source : bizjournals-com

Medtronic 5/2/2012

17:57 : Medtronic laying off 220 Twin Cities employees - Medtronic Inc. said Wednesday it is laying off 220 people from a Twin Cities facility that makes pacemakers and implantable cardiac defibrillators. The layoffs are occurring at Medtronic's Cardiac Rhythm Management facility in Mounds ...
Source : bizjournals-com

Medtronic 4/30/2012

12:26 : Medtronic ([[MDT]] +1.2%) gains after being upgraded to Buy on valuation ... - Medtronic (MDT +1.2%) gains after being upgraded to Buy on valuation earlier today at Lazard Capital, citing the company's new product growth potential. Post your comment!
Source : seekingalpha-com

Medtronic 4/16/2012

15:05 : Medtronic’s Powerease system aids surgeons in spinal operations - Medtronic Inc. is launching its new Powerease system, which uses electronic instruments to aid in spinal reconstructive surgery. Powerease is designed to work with spinal screws used in the CD Horizon Solera Spinal System, a spinal fusion ...
Source : bizjournals-com

Medtronic 3/30/2012

18:03 : Medtronic paying $85M to end shareholder lawsuit - NEW YORK (AP) -- Medical device maker Medtronic Inc. has agreed to pay $85 million to resolve a federal class action lawsuit brought by a group of shareholders....
Source : usnews-com

Medtronic 3/25/2012

04:36 : CoreValve, a heart device from Medtronic (MDT), and one from Edwards Lifes - CoreValve, a heart device from Medtronic (MDT), and one from Edwards Lifesciences (EW) called Sapien, were shown to be effective in two of the biggest and longest studies of the products. Edwards has U.S. approval ...
Source : seekingalpha-com

Medtronic 2/21/2012

07:50 : Medtronic posts higher quarterly net profit, sales - WASHINGTON (MarketWatch) -- Medtronic Inc. reported net profit of $935 million, or 88 cents a share, for the third quarter ended Jan. 27, up from $924 million, or 86 cents, earned in the same period during fiscal 2011. Quarterly sales ...
Source : marketwatch-com

Medtronic 1/24/2012

12:27 : Medtronic ([[MDT]] -0.3%) gains FDA approval for the extended investigation - Medtronic (MDT -0.3%) gains FDA approval for the extended investigation of its CoreValve after completing the enrollment for the extreme risk study of its aortic valve treatment. Post your comment!
Source : seekingalpha-com

Medtronic 12/12/2011

20:06 : Medtronic to pay $23.5M to settle kickback claims - MINNEAPOLIS (AP) -- Medtronic Inc., the world's largest maker of medical devices, has agreed to pay $23.5 million to settle allegations that it paid kickbacks to doctors to implant its pacemakers and defibrillators, the U.S. Justice Department ...
Source : usnews-com

Medtronic 11/22/2011

09:45 : More on Medtronic (MDT) FQ2: Net profit rises to $871M from $566M. Company - More on Medtronic (MDT) FQ2: Net profit rises to $871M from $566M. Company experiences growth across most of its operations, although sales of defibrillators and spinal products remained weak. Affirms 2011 guidance. Post your comment!
Source : seekingalpha-com
09:06 : Medtronic Profit Rises 54% - Medtronic's earnings rose 54% as the medical-device maker reported growth across most of its businesses, though defibrillator and spinal products sales remained weak.
Source : wsj-com
08:15 : Medtronic 2Q profit rises on favorable comparison - WASHINGTON (AP) -- Medical implant maker Medtronic Inc. says its second-quarter profit jumped more than 50 percent because of a favorable comparison to last year's quarter, which was weighed down by legal costs....
Source : usnews-com

Medtronic 11/2/2011

11:44 : Medtronic debuts new spinal fusion procedure - Medtronic Inc. has introduced a new spinal surgery product which the company says improves on current methods of spinal fusion surgery. The product, called MAST MIDLF, uses smaller incisions to access the spine through the lower back. ...
Source : bizjournals-com

Medtronic 10/31/2011

14:15 : Medtronic stent gets FDA approval - Medtronic Inc. has received regulatory approval to market a stent for treating patients who suffer from peripheral artery disease. The product, called Assurant Cobalt, is used to prop open iliac arteries that have narrowed ...
Source : bizjournals-com

Medtronic 10/25/2011

20:06 : Medtronic probes insulin pump risks over hacking claim - Medtronic Inc has asked software security experts to investigate the safety of its insulin pumps, as a new claim surfaced that at least one of its devices could be hacked to dose diabetes patients with potentially lethal amounts of insulin.
Source : ibtimes-com
09:06 : FDA warns of complications with Medtronic catheter - WASHINGTON (AP) -- Federal health regulators say an experimental catheter from Medtronic Inc. that uses extreme heat to correct irregular heartbeats caused safety side effects in nearly one-fifth of patients treated, far exceeding the ...
Source : usnews-com

Medtronic 9/21/2011

06:19 : Medtronic (MDT) wins a $101M damages award in a patent lawsuit against ... - Medtronic (MDT) wins a $101M damages award in a patent lawsuit against NuVasive (NUVA) related to technology on spinal surgey products. Shares of MDT +2.2% in premarket trading. Post your comment!
Source : seekingalpha-com

Medtronic 9/20/2011

20:56 : Medtronic wins huge jury award over patent dispute - A jury on Friday awarded Medtronic Inc. $101.2 million in damages in a dispute over spine device patents, marking one of the largest jury awards in the nation this year. The federal jury in San Diego ruled against medical device company ...
Source : bizjournals-com

Medtronic 9/15/2011

17:14 : Medtronic’s system to treat AIS gets second approval from FDA - Medtronic Inc. has received a second clearance from the Food and Drug Administration for its TSRH Spinal System, which is designed to treat adolescent idiopathic scoliosis with pedicle screws. AIS is the most common pediatric spine condition, ...
Source : bizjournals-com
16:54 : Medtronic (MDT) receives a second clearance from the FDA to treat adolesce - Medtronic (MDT) receives a second clearance from the FDA to treat adolescent idiopathic scoliosis with its TSRH spinal pedicle screw. Shares are flat AH. Post your comment!
Source : seekingalpha-com

Medtronic 9/12/2011

09:05 : Medtronic Gets A Pain In The Back - A controversy concerning Medtronic Inc. (NYSE: MDT), the largest manufacturer of medical devices in the U.S., may serve as a drag on its stock's performance for months to come.
Source : forbes-com

Medtronic 8/30/2011

15:48 : Medical device makers Medtronic (MDT) and NuVasive (NUVA) are set to squar - Medical device makers Medtronic (MDT) and NuVasive (NUVA) are set to square off in a patent suit, with each accusing the other of infringing on technology related to spinal surgery products. One of Medtronic's "expert" ...
Source : seekingalpha-com

Medtronic 8/23/2011

06:56 : Medtronic fiscal 1Q profit slips 1 percent - MINNEAPOLIS (AP) -- Medtronic, the world's largest medical device maker, says its fiscal first-quarter earnings slipped 1 percent as challenges in spinal products and its biggest business, implantable cardioverter defibrillators, countered ...
Source : usnews-com
06:44 : Medtronic quarterly earnings dip 1% - WASHINGTON (MarketWatch) -- Medtronic Inc. said Tuesday its fiscal first-quarter earnings fell to $821 million, or 77 cents a share, from $830 million, or 76 cents a share, in the year-ago period. Weighted average shares outstanding declined ...
Source : marketwatch-com

Medtronic 8/3/2011

21:58 : Medtronic enlists Yale to review bone graft trials - NEW YORK (AP) -- Medtronic Inc. is funding two independent reviews of studies of its Infuse bone graft in the wake of criticism of the clinical trials it conducted to support the device....
Source : usnews-com
21:49 : Medtronic Gives Grant to Yale - Medtronic is giving Yale a $2.5 million grant to conduct an independent review of the safety and effectiveness of its spine treatment called Infuse Bone Graft.
Source : wsj-com
21:48 : Medtronic gives Yale $2.5M to independently study disputed spinal product - Medtronic Inc., facing increased scrutiny over its spinal product Infuse, said Wednesday it is giving Yale University $2.5 million to independently review the product's safety and effectiveness. The medical device giant said it will release ...
Source : bizjournals-com

Medtronic 7/14/2011

17:44 : Jacksonville gives $2.5M incentive for Medtronic expansion - Medtronic Inc. received approval from the Jacksonville Economic Development Commission Thursday for a $2.5 million financial incentives package to expand its Xomed surgical-technologies business. Fridley-based Medtronic ...
Source : bizjournals-com

Medtronic 7/8/2011

13:06 : Medtronic warns of battery problem with drug pumps - MINNEAPOLIS (AP) -- Medical device maker Medtronic is warning patients about a rare problem with its SynchroMed drug pumps that can cause them to lose battery power and fail....
Source : usnews-com
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