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Medtronic Inc.

5/21/2013, 7:34 AM ET

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Monday, August 13, 2012, 9:51 AM Medtronic (MDT -0.45%) has said it intends to increase its presence in China through acquisitions, making it the first foreign medical-equipment multinational to announce such a strategy. However, Medtronic may face difficulties in finding companies to buy, says a local business official, due to local R&D capabilities, branding, quality control and staff training. Comment! [Healthcare, M&A]
Thursday, June 28, 2012, 11:32 AM The Supreme Court opinion on the Healthcare Act means that medical device makers still face a 2.3% tax on domestic sales starting next year unless they can persuade Congress to repeal it. Shares are sliding: MDT -1.2%, BSX -2.7%, STJ -1%, EW 1.1%, SYK -1.9%, ATRC -4.7%, CYBX -1.6%. 1 Comment [Healthcare, On the Move]
Thursday, June 28, 2012, 10:21 AM More on the Supreme Court healthcare opinion: The court reinforces that individuals can simply refuse to comply with the mandate, and pay the tax. The Supreme Court's live blog is here. 30 Comments [Breaking News, Top Stories, Healthcare]
Thursday, June 28, 2012, 10:13 AM More on the Supreme Court healthcare opinion: The bottom line: the entire ACA is upheld, with the exception that the federal government's power to terminate states' Medicaid funds is narrowly read. The Supreme Court's live blog is here. Comment! [Breaking News, Top Stories, Healthcare]
Thursday, June 28, 2012, 10:11 AM More on the Supreme Court healthcare opinion: The Medicaid provision is limited but not invalidated. Comment! [Breaking News, Top Stories, Healthcare]
Thursday, June 28, 2012, 10:10 AM The Supreme Court healthcare opinion: The individual mandate survives as a tax. You can read the full opinion here. 88 Comments [Breaking News, Top Stories, Healthcare]
Wednesday, June 27, 2012, 11:11 AM Medtronic (MDT +2%) says that a Virginia judge last week ruled that the company's stent grafts don't infringe a patent owned by W.L Gore. (PR) Comment! [Healthcare]
Thursday, June 21, 2012, 5:20 PM Medtronic (MDT) boosts its quarterly cash dividend by 7% to $0.26 per share. The company's dividend has more than doubled over the past five years, and today's announcement marks the company's 35th consecutive year of increased dividend payments. 7 Comments [Healthcare]
Wednesday, June 20, 2012, 9:56 AM Major medical device companies such as GE, Siemens (SI) and Medtronic (MDT) are developing cheaper equipment that can generate sales in emerging markets and maybe even in cost-cutting developed countries. Rather than making devices more complex and expensive, the idea behind this "frugal innovation" is to strip them down as much as possible. 2 Comments [Healthcare]
Tuesday, May 22, 2012, 7:50 AM Medtronic on (MDT) FQ4: Net profit rises to $991M from $776M, benefiting from growth across MDT's businesses and geographies - particularly in emerging markets - and strong product launches. Guidance: FY 2013 revenue growth 2%-4%, EPS of $3.62 to $3.70 vs. consensus of $3.66. Shares +2.65%. Comment! [Earnings, Healthcare]
Tuesday, May 22, 2012, 7:23 AM Medtronic (MDT): Q4 EPS of $0.99 beats by $0.01. Revenue of $4.3B (+3% Y/Y) beats by $70M. (PR) 2 Comments [Earnings, Healthcare]
Tuesday, May 22, 2012, 12:05 AM Notable earnings before Tuesday’s open: AZO, BBY, MDT, RL, WSM Comment! [Earnings]
Monday, May 21, 2012, 5:30 PM Notable earnings before Tuesday’s open: AZO, BBY, MDT, RL, WSM Comment! [Earnings]
Wednesday, May 2, 2012, 10:40 AM Edwards Lifesciences (EW +0.9%) shrugs off this mornings weakness after the Centers for Medicare & Medical Services announced it will cover Transcatheter Aortic Valve Replacement procedures for the treatment of symptomatic aortic valve stenosis, for which EW's Sapien is a marquee product. Separately, Wells Fargo ups the shares to Outperform on the news. Comment! [Healthcare]
Monday, April 30, 2012, 1:20 PM 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. Comment! [Healthcare, On the Move]
Monday, April 9, 2012, 2:33 PM St. Jude Medical (STJ -4.8%) shares sink after calling attention to a medical journal article that shows Medtronic's (MDT -0.9%) heart device leads resulted in fewer deaths than its recalled Riata and Riata ST products. STJ says the article "substantially undercounted" deaths associated with MDT's Quattro Secure device and wants it retracted. Comment! [Healthcare, On the Move]