Covidien Public Limited Company


  • Activist Elliott reaches standstill agreement with EMC Monday, 12 Jan 2015 | 10:43 AM ET

    Jan 12- EMC said on Monday that activist investor Elliott Management Corp will vote for EMC's proposed directors as part of a standstill agreement with the data storage company prohibiting the hedge fund from agitating the company until September. Since October 2014, Elliott has been publicly pushing data storage maker EMC to spin off its VMware software...

  • Dec 4- The top U.S. patent appeals court has thrown out a $176 million award for healthcare company Covidien Plc in a dispute with a Johnson& Johnson subsidiary over surgical instruments. Judge Sharon Prost of the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., ruled on Thursday that Covidien's patent claims, which involve surgical cutting tools...

  • WASHINGTON, Nov 26- Medtronic Inc has won U.S. antitrust approval to buy Dublin- based Covidien Plc on condition that it sell its drug-coated balloon catheter business, the Federal Trade Commission said on Wednesday. Medtronic and Covidien shareholders will vote on the merger on Jan. 6. Medtronic is the world's largest stand-alone medical device maker, with a...

  • FACTBOX-Recent tax inversion proposals Tuesday, 25 Nov 2014 | 1:19 PM ET

    Medical technology company Medtronic Inc said on Nov. 18 that its plan to acquire and adopt the tax domicile of Ireland's Covidien Plc was on track to close in 2015.. High-tech manufacturer Applied Materials Inc plans to buy Japanese rival Tokyo Electron Ltd and reincorporate in the Netherlands. Burger King Worldwide Inc plans to acquire Canadian coffee and...

  • LONDON/ NEW YORK, Nov 18- Deutsche Bank on Tuesday priced US $1.5 billion of bonds that convert into equity, fortifying its capital strength and its leverage ratio in particular. It was sized at the upper end of the US $1 billion to US $1.5 billion range flagged to investors. Of the rest, around 25% was sold into Asia and the rest into Europe.

  • Nov 18- Medtronic Inc posted a quarterly profit that was in line with analyst expectations, helped by sales of new heart devices, and said its $42.9 billion purchase of hospital products maker Covidien Plc remains on track to close early next year. But Medtronic executives said they remain fully committed to buying Dublin- based Covidien and are focused on...

  • Early Movers: TWX, ATVI, PBPB, TRIP, GE & more Wednesday, 5 Nov 2014 | 7:55 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • What's boosting healthiest sector in S&P this year Monday, 27 Oct 2014 | 1:43 PM ET

    Health care has been on a tear in 2014, and there is still room for upside. Wall Street analysts are focusing on the following four trends.

  • Lightning Round: Time to sell Facebook? Thursday, 23 Oct 2014 | 7:08 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Early movers: SYMC, YELP, MSFT, FDO, TSLA & more Friday, 10 Oct 2014 | 7:37 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Midday Movers: Media General, Noble, Yodlee & More Friday, 3 Oct 2014 | 12:10 PM ET
    Wall Street New York Stock Exchange NYSE

    Take a look at some of Friday's midday movers.

  • Health care inversions in jeopardy?   Monday, 29 Sep 2014 | 3:12 PM ET
    Health care inversions in jeopardy?

    Discussing how new government rules could impact health care inversion deals, with CNBC's Meg Tirrell and Les Funtleyder, Esquared Asset Management.

  • These 3 hot health-care stocks look strong: Pro Wednesday, 24 Sep 2014 | 2:49 PM ET
    New tax guidelines; Pain for stocks?

    Health-care stocks still have upside, Dan Chai of Iguana Healthcare Partners says.

  • Midday movers: AbbVie, Burger King, CarMax & more Tuesday, 23 Sep 2014 | 12:49 PM ET

    Some of Tuesday's midday movers:

  • Treasury takes actions to deter tax inversions Monday, 22 Sep 2014 | 6:00 PM ET
    Jack Lew

    The issue of so-called tax inversions has been a major policy point for President Barack Obama over the past few months.

  • Capital pains: Medtronic inversion ires investors Monday, 22 Sep 2014 | 1:30 PM ET
    Medtronic Chairman and Chief Executive Omar Ishrak.

    Medtronic's plan to reimburse execs and directors for $63 million in excise taxes from a tax inversion draws heat from shareholders.

  • Midday movers: ConAgra, Kroger, Rite Aid & more Thursday, 18 Sep 2014 | 12:56 PM ET
    Wall Street New York Stock Exchange NYSE

    Some of Thursday's midday movers:

  • Public pension funds stay mum on tax inversions Tuesday, 2 Sep 2014 | 8:07 AM ET
    The offices of the California Public Employees' Retirement System (Calpers) are shown in Sacramento, Calif.

    Public pension funds have major stakes in American firms moving overseas to cut their tax bills. But they are saying little about the strategy.

  • Burger King in merger talks with Tim Hortons Sunday, 24 Aug 2014 | 9:28 PM ET

    Burger King is in talks to combine with Tim Hortons in a deal that would create a powerhouse with a market capitalization of roughly $18 billion.

  • Roche to purchase InterMune in $8.3 billion deal Sunday, 24 Aug 2014 | 12:27 PM ET

    Biotech firm Roche announced plans Sunday to buy InterMune for $8.3 billion on a fully diluted basis in an all-cash transaction.