St. Jude Medical (STJ -0.6%) announces plans for restructuring, saying it plans to realign its...

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

St. Jude Medical (STJ -0.6%) announces plans for restructuring, saying it plans to realign its product divisions into two new operating units: an Implantable Electronic Systems Division and a Cardiovascular and Ablation Technologies Division. Additionally, the company will also centralize several support functions including IT, HR, legal, business development, and various marketing functions.