MDT


Medtronic Delivers Positive Results For Chronic Back Pain Trial

Medtronic plc (MDT) has announced statistically significant 12-month results from a large, multicenter trial (RCT) that it says further proves the superiority of DTM …

Medtronic’s Organizational Revamp To Cut Costs By Up To $475M

Medtronic announced restructuring plans to cut annual costs by $450 million – $475 million by fiscal 2023 as the medical device maker introduces …

AbbVie To Face US House Committee Subpoena In Drug-Pricing Probe

The US House Oversight Committee intends to issue a subpoena to AbbVie after the drugmaker failed to provide sufficient documents related to an …

Does Wall Street Prefer Medtronic Or Intuitive Surgical Amid The Covid Crisis?

Medical device makers are facing challenging times as elective surgeries have either been cancelled or postponed with hospitals and healthcare facilities shifting their …

Truist Lifts Medtronic’s PT On Growth Prospects

Truist Securities lifted the price target on Medtronic to $125 (20% upside potential) from $105 and maintained a Buy rating, following upbeat 1Q …

Medtronic Gains 4% As Quarterly Profit Tops Estimates Amid Faster Recovery

Medtronic shares rose almost 4% after the medical device maker beat quarterly revenue and profit estimates amid a gradual resumption of elective surgeries …

Medtronic Ramps Up Dividend By 7% Ahead Of 1Q Results; Analyst Sticks To Buy

Medtronic Plc raised its quarterly cash dividend by 7% ahead of the release of the medical device maker’s fiscal first-quarter results on Tuesday. …

Medtronic To Buy Medicrea For About $154 To Bolster Spine Surgery Business

Medtronic Plc (MDT) announced it has entered into a tender offer to buy all of the outstanding stock of spine surgery tech-maker Medicrea …

Blackstone To Invest $337 Million In Medtronic’s Diabetes Programs

Medtronic Plc (MDT) has announced that the Blackstone Group’s (BX) life sciences division will invest $337 million into the research and development of …

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