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Medtronic Inc

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  • Medtronic first-quarter profit tops expectations Tuesday, 19 Aug 2014 | 7:41 AM ET

    Aug 19- Medtronic Inc on Tuesday reported first-quarter earnings that exceeded analyst expectations on stronger U.S. sales of its medical devices. Excluding one-time items, Medtronic earned 93 a share in the quarter ended July 25. Net earnings fell to $871 million, or 87 cents a share, from $953 million, or 93 cents a share, a year earlier.

  • Final Glance: Medical Devices companies Monday, 18 Aug 2014 | 6:02 PM ET

    Allergan fell $2.65 or 1.7 percent, to $155.61. Baxter International Inc. rose$. 80 or 1.1 percent, to $75.21. Boston Scientific Corp. rose$. 18 or 1.4 percent, to $12.64.

  • Diversified U.S. manufacturer 3 M Co and medical equipment makers CareFusion Corp and C.R. Bard Inc are among the companies exploring a potential deal for ConvaTec, the people said. CareFusion, with a market capitalization of $9 billion, and C.R. Bard, with $11.2 billion, would both be able to achieve an inversion if they use their own stock to pay for ConvaTec.

  • Early Glance: Medical Devices companies Monday, 18 Aug 2014 | 10:29 AM ET

    Allergan fell $1.26 or. 8 percent, to $157.00. Baxter International Inc. rose$. 81 or 1.1 percent, to $75.22. Boston Scientific Corp. rose$. 14 or 1.1 percent, to $12.60.

  • Investors lose out when companies flee US tax Monday, 18 Aug 2014 | 4:14 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Establishing a tax domicile abroad to avoid taxes is popular, but many US companies have failed to produce strong returns for investors.

  • WASHINGTON, August 18- Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.

  • Final Glance: Medical Devices companies Friday, 15 Aug 2014 | 6:16 PM ET

    Allergan rose $2.66 or 1.7 percent, to $158.26. Baxter International Inc. fell$. 34 or. 5 percent, to $74.41. Boston Scientific Corp. fell$. 12 or 1.0 percent, to $12.46.

  • Midday Glance: Medical Devices companies Friday, 15 Aug 2014 | 1:15 PM ET

    Allergan rose $2.17 or 1.4 percent, to $157.77. Baxter International Inc. fell$. 54 or. 7 percent, to $74.21. Boston Scientific Corp. fell$. 15 or 1.2 percent, to $12.43.

  • Early Glance: Medical Devices companies Friday, 15 Aug 2014 | 11:21 AM ET

    Allergan rose $3.59 or 2.3 percent, to $159.19. Baxter International Inc. rose$. 38 or. 5 percent, to $75.13. Johnson& Johnson rose$. 07 or. 1 percent, to $102.09.

  • Aug 14- Top U.S. hedge fund managers did some shopping for shares of discount retailer Dollar General Corp and drug store operator Walgreen Co in the second quarter.

  • Daniel Loeb's Third Point added 1 million shares of Dollar General, raising his stake by 33 percent, while Blue Ridge Capital, founded by Tiger Cub John Griffin, nearly doubled its stake in Walgreen when it bought 2.8 million shares.

  • Harvard Management Co invested in Covidien in Q2 - filing Wednesday, 13 Aug 2014 | 4:06 PM ET

    BOSTON, Aug 13- Harvard Management Co, which oversees the Ivy League school's $32.7 billion endowment, took a new position in surgical device maker Covidien Plc during the second quarter before news of a planned takeover helped push the stock price higher, a regulatory filing shows.

  • NEW YORK, Aug 13- Biotechnology company InterMune Inc is working with financial advisers to evaluate strategic options as it braces for potential takeover interest from larger drugmakers, people familiar with the matter said.

  • *Sanofi, MannKind aim to launch Afrezza in U.S. in Q1 2015. PARIS/ LONDON, Aug 11- French drugmaker Sanofi is betting on inhaled insulin as an alternative option to daily injections for diabetics by signing a worldwide licensing agreement with MannKind Corp worth up to $925 million.

  • Parade of mergers: for better or for worse? Friday, 8 Aug 2014 | 8:36 AM ET

    The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.

  • BOSTON, Aug 4- Cybersecurity researcher Ruben Santamarta says he has figured out how to hack the satellite communications equipment on passenger jets through their WiFi and inflight entertainment systems- a claim that, if confirmed, could prompt a review of aircraft security.

  • DUBLIN, July 30- Ireland is in the firing line from Washington again for luring U.S. companies to its shores for tax benefits, but despite contrite noises coming from Dublin, it has too much to lose to discourage U.S. firms bent on shifting their tax domiciles.

  • July 29- Edwards Lifesciences Corp posted stronger second-quarter earnings on Tuesday, propelled by a gain from a legal settlement and higher sales of heart valves that are implanted using a less-invasive procedure than traditional open-heart surgery.

  • July 29- Edwards Lifesciences Corp posted stronger second-quarter earnings on Tuesday, propelled by a gain from a legal settlement and higher sales of heart valves that are implanted using a less-invasive procedure than traditional open-heart surgery.

  • *By invoking 1969 law, Obama could bypass Congress- former Treasury official. *Treasury Secretary Lew renews call for urgent action by U.S. Congress.