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Medtronic PLC

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  • June 2- Medical device maker Medtronic Plc reported better-than-expected adjusted quarterly profit on higher sales across its business lines in its first quarter, including revenue from the acquisition of surgical products provider Covidien Plc. Wall Street shrugged off the currency hit, with Medtronic's shares edging slightly higher to $76.72 in...

  • June 2- Medical device maker Medtronic Plc reported a better-than-expected adjusted quarterly profit, helped by higher sales of its heart devices. The results are the first to include revenue generated by Covidien, which Medtronic acquired in January for $49.9 billion. Medtronic said on Tuesday revenue from its minimally invasive therapies group, which it...

  • June 2- Medical device maker Medtronic Inc reported a better-than-expected adjusted quarterly net income, helped by sales of its heart devices. The company's adjusted net profit rose to $1.68 billion, or $1.16 per share. The quarterly results are the first to include revenue generated by Covidien Plc, which Medtronic acquired in January for $49.9 billion.

  • Medtronic beats Street 4Q forecasts Tuesday, 2 Jun 2015 | 7:42 AM ET

    Medtronic lost $1 million in its fiscal fourth quarter, as costs tied to its $42.9 billion acquisition of Covidien and other expenses weighed on the medical device maker's performance. Medtronic's selling, general and administrative expenses also soared 56 percent to $2.4 billion. Medtronic expects full-year fiscal 2016 earnings to range from $4.30 to...

  • Biotech isn't only health-care bet beating market Monday, 1 Jun 2015 | 10:09 AM ET
    An employee works on a stent graft component in a sterile environment at the Medtronic assembly plant in Tijuana, Mexico.

    The health-care sector is hot, and investors don't have to bet on the riskiest biotech stocks to profit.

  • June swoon looming? Here's what to watch out for Friday, 29 May 2015 | 6:11 PM ET
    Trader on the floor of the New York Stock Exchange.

    Markets face a barrage of potential catalysts as the month of June begins, a traditional period of stock market weakness.

  • Lightning Round: Buyers gobbling up a red hot stock Wednesday, 27 May 2015 | 7:00 PM ET
    Mad Money Lightning Round

    Jim Cramer makes the call on a few caller favorite stocks.

  • May 19- Medtronic Plc on Tuesday said fourth-quarter revenue would be higher than expected, boosted by strong U.S. sales of its heart devices, and projected earnings would be at the upper end of its previously forecast range. The preliminary quarterly results are the first to include revenue generated by Covidien Plc, which Medtronic acquired in January for...

  • Market's new biggest fear: Economic stall Monday, 18 May 2015 | 7:42 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Wednesday's Fed minutes along with housing data might cause turbulence.

  • Investors watch for more signs of economic stall Monday, 18 May 2015 | 5:58 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Next week's Fed minutes along with housing data might cause turbulence.

  • DuPont win over Peltz is a win for investors Thursday, 14 May 2015 | 11:42 AM ET
    Nelson Peltz

    DuPont's win over activist investor Nelson Peltz is a victory for long-term shareholders, says former Medtronic CEO Bill George.

  • Siemens unit in China bribery probe - report Sunday, 3 May 2015 | 5:42 AM ET
  • The investigation, which has not previously been reported, follows a wide-reaching probe into the pharmaceutical industry in China that last year saw GlaxoSmithKline Plc fined nearly $500 million for bribing officials to push its medicine sales. "We are not aware of any situation that conforms to what you describe," said Germany- based spokesman Matthias...

  • Data shows improvement on the jobs front Thursday, 30 Apr 2015 | 10:16 AM ET
    A recruiter, left, shakes hands with a job seeker during a career fair at San Francisco State University in San Francisco, California.

    Very low jobless claims may be a sign that March's low employment report will be revised upward.

  • Medtronic addresses quality issues   Tuesday, 28 Apr 2015 | 7:20 AM ET
    FDA halts Medtronic's drug pump production

    The FDA takes legal action against Medtronic. CNBC's Morgan Brennan reports.

  • April 27- Medtronic Plc has agreed to stop manufacturing and distributing its SynchroMed implantable drug pump, U.S. regulators said on Monday, a step toward resolving allegations that the company violated quality standards with the device which delivers pain medication to cancer patients and others. Medtronic failed to correct problems that could lead to...

  • April 27- Medtronic Plc has agreed to resolve U.S. regulators' allegations it violated quality standards for making its SynchroMed implantable infusion pump, which delivers medications to cancer patients and others with chronic pain. The agreement includes Medtronic Chief Executive Omar Ishrak and Senior Vice President Thomas Tefft.

  • April 27- Medical device maker Medtronic Plc said it reached a settlement agreement with the U.S. Food and Drug Administration over one of the company's drug delivery systems. The consent decree places some restrictions on the company and outlines the steps it must take to address the FDA's expectations, the company said on Monday. The agreement does not...

  • Apple and IBM take on health care data with Watson Tuesday, 14 Apr 2015 | 10:47 AM ET
    Apple announces Healthkit for iOS 8.

    IBM is teaming with Apple, J&J and Medtronic in hopes of revolutionizing the health care industry.

  • IBM partners with Apple for your health   Tuesday, 14 Apr 2015 | 7:00 AM ET
    IBM partners with Apple for your health

    CNBC's Landon Dowdy reports on the growing use of the growing use of technology to keep patients healthy.