U.S. stocks closed mixed, attempting to extend a recovery as investors eyed oil prices and awaited Friday's key jobs report.» Read More
These 10 states lead the nation in tech investment, patents and research, which has helped reinvigorate their local economies.
June 23- Medtronic Inc said it was recalling certain lots of its of its tracheostomy tubes, devices used to ease breathing, after receiving complaints, including reports of 12 serious injuries. The medical device maker said it began notifying hospitals and distributors on May 8 that affected lots of its Covidien Shiley tracheostomy tubes were formed with a...
The CEO of Medtronic talks new FDA approval and how to improve the health-care system.
June 23- Medtronic Inc said the U.S. Food and Drug Administration approved a new version of its non-invasive heart valve replacement device, making it the first recapturable and repositionable device available in the United States. The device has a smaller delivery system than the previous version, which means it can be used to treat patients with smaller...
TPP will create jobs, not destroy them. Dems need to back the president and support free trade, says former Medtronic CEO Bill George.
June 12- The U.S. Food and Drug Administration said it approved a brain implant from St. Jude Medical Inc that helps reduce symptoms of Parkinson's disease and essential tremor, a neurological disorder that causes rhythmic shaking. The device can be used when medication alone may not provide adequate relief from symptoms such as walking difficulties, balance...
Jim Cramer gives his take on a few caller favorite stocks, including this one that he admitted he was too bullish on.
Those record profits that companies are reporting may not be all they're cracked up to be.
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...
May auto sales are expected to be robust when they are reported Tuesday, even as the consumer showed just a so-so willingness to spend in April.
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...
U.S. stock index futures pointed to a lower open on Tuesday as investors awaited some minor data releases ahead of Friday's key jobs report, amid continued concerns about Greece.
Some of the names on the move ahead of the open.
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.
U.S. stock index futures declined on Tuesday, ahead of reports on U.S. auto sales and April factory orders.
The health-care sector is hot, and investors don't have to bet on the riskiest biotech stocks to profit.
Markets face a barrage of potential catalysts as the month of June begins, a traditional period of stock market weakness.
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...
Wednesday's Fed minutes along with housing data might cause turbulence.