Medtronic, Inc.
News and overview for Medtronic, Inc.
Medtronic Second Quarter Revenue Increases 8% to $3.838 Billion; Raises EPS Guidance for Current Fiscal Year [Press Release]
Business Wire | 23 hours 42 minutes ago
Medtronic, Inc. (NYSE:MDT) today announced financial results for its second quarter of fiscal year 2010, which ended Oct. 30, 2009.
Medtronic Inc.
Boston Globe, The | 6 hours 10 minutes ago
Medtronic rose the most in a year after the Minneapolis-based maker of medical devices raised its earnings forecast, easing concern about slowing demand for heart devices, and said second-quarter net income jumped 59 percent to $868 million, or 78 cents a share
Medtronic earnings top estimates; raises outlook
Yahoo! | 21 hours 22 minutes ago
CHICAGO (Reuters) – Medtronic Inc (MDT.N) said quarterly earnings rose a better-than-expected 59 percent on solid demand for its devices that protect against irregular heart rhythms, and it raised its fiscal-year forecast.
Video: Medtronic Partners with Patient Advocacy Groups to Launch Educational Campaign During Bladder Health Awareness Month [Press Release]
PRNewswire | 4 days 8 hours 49 minutes ago
... MINNEAPOLIS, Nov. 20 /PRNewswire/ -- Medtronic, Inc. today announced the kick-off of an educational...and in turn, take control of their bodies. Medtronic, Inc. (www.medtronic.com), headquartered in Minneapolis, is the...
Barnes & Noble, Medtronic, Peet's are big movers
Boston Globe, The | 13 hours 14 minutes ago
NEW YORKThe following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange: NYSE: Warner Music Group Corp., down 86 cents at $6.20 The recording company posted an unexpected loss in the fourth quarter on severance costs despite a strong slate of music releases.
Medtronic Announces the Grand Opening of Its New Diabetes Center in San Antonio [Press Release]
Business Wire | 7 days 20 hours 27 minutes ago
Medtronic, Inc. (NYSE:MDT) today announced the grand opening of its new Diabetes Therapy Management and Education Center in San Antonio. The new operation provides customer care and education for patients and healthcare professionals using Medtronic insulin pumps, continuous glucose monitoring and therapy management software for the treatment of diabetes.
Medtronic Introduces 3D Recon Service to Enhance Endovascular Treatment of Aortic Aneurysms [Press Release]
Business Wire | 5 days 23 hours 57 minutes ago
Continuing to drive innovation in endovascular aortic repair (EVAR), Medtronic, Inc. (NYSE: MDT), today announced the introduction of an imaging and visualization service for endovascular specialists who use the company’s market-leading portfolio of stent grafts to treat aortic aneurysms. Aortic aneurysms affect more than one million people in the United States alone and can rupture with fatal consequences if left untreated.
Statement by Medtronic Chairman and CEO Bill Hawkins Regarding U.S. Senate's Revised Medical Device Industry Fee Proposal [Press Release]
Business Wire | 5 days 16 hours 51 minutes ago
Medtronic, Inc. (NYSE: MDT), chairman and CEO Bill Hawkins today issued the following statement regarding the U.S. Senate’s revised proposal regarding a medical device industry fee released yesterday. This new proposal amends the Senate Finance Committee’s earlier proposed $40 billion fee on the medical device industry.
Medtronic Launches the TSRH 3Dx Spinal System [Press Release]
Business Wire | 7 days 18 hours 7 minutes ago
Medtronic, Inc. (NYSE: MDT), today announced the launch of the TSRH® 3Dx™ Spinal System. Designed with procedural efficiency in mind, the TSRH 3Dx Spinal System offers two screws designed to address multiple pathologies. The Multi Planar Adjusting (MPA®) Screw option provides surgeons a variable angle posted screw for targeted, controlled correction maneuvers. The OSTEOGRIP® Screw enhances bone fixation by incorporating a dual-lead thread pattern that reduces toggle at the bone-screw interface.
Medtronic Chairman and CEO Bill Hawkins Provides Statement on U.S. Senate s Revised Medical Device Industry Fee Proposal [Press Release]
Business Wire | 5 days 16 hours 45 minutes ago
Medtronic, Inc. (NYSE: MDT), chairman and CEO Bill Hawkins today issued the following statement regarding the U.S. Senate’s revised proposal regarding a medical device industry fee released yesterday. This new proposal amends the Senate Finance Committee’s earlier proposed $40 billion fee on the medical device industry.
Medtronic Chairman and CEO Bill Hawkins Comments on U.S. Senate's Revised Medical Device Industry Fee Proposal [Press Release]
Business Wire | 5 days 16 hours 49 minutes ago
Medtronic, Inc. (NYSE: MDT), chairman and CEO Bill Hawkins today issued the following statement regarding the U.S. Senate’s revised proposal regarding a medical device industry fee released yesterday. This new proposal amends the Senate Finance Committee’s earlier proposed $40 billion fee on the medical device industry.
Medtronic Launches Global Clinical Trial Evaluating Outcomes from Comprehensive Attain Family of Left Heart Leads and Delivery Catheters [Press Release]
Business Wire | 14 days 21 hours 56 minutes ago
Medtronic, Inc. (NYSE: MDT) today announced the first enrollment in the global Attain Success trial that will evaluate implant success, complication rates and procedure times in the market-released Attain® Family of left-heart leads and delivery systems portfolio. Fifteen new Attain Family therapy delivery products were commercially released in the last two years, including 13 catheters and two Medtronic-exclusive left-heart leads – Attain StarFix® and Attain Ability®. Safwat Gassis, M.D. wit...
Medtronic Receives FDA Warning Letter Following Inspection of Its Mounds View, Minn. Facility [Press Release]
Business Wire | 6 days 21 hours 59 minutes ago
Medtronic (NYSE: MDT) today announced it received a warning letter from the U.S. Food and Drug Administration (FDA) regarding the inspection of the Company’s Mounds View, Minn. (Cardiac Rhythm Disease Management) facility completed in August 2009.
Medtronic Receives International Business Leadership Award from the Greater Miami Chamber of Commerce [Press Release]
Business Wire | 5 days 16 hours 49 minutes ago
Medtronic, Inc. received today an International Business Leadership Award from the Greater Miami Chamber of Commerce in recognition for its significant impact on the economy of the state of Florida in the Education & Training category.
Medtronic to Announce Financial Results for Its Second Fiscal Quarter [Press Release]
Business Wire | 14 days 14 hours 27 minutes ago
Medtronic, Inc. (NYSE: MDT), announced today it will report financial results for its second fiscal quarter on Tuesday, Nov. 24, 2009. A news release will be issued at approximately 6:15 a.m. Central Time and will be available at www.medtronic.com/newsroom. The earnings news release will include summary financial information for Medtronic’s second quarter ended Oct. 30, 2009.
Sign up for ANA SmartBrief
Company Overview
| Company: | Medtronic, Inc. |
|---|---|
| Industry: | Medical Devices |
| Website: | http://www.medtronic.com |
Sometimes the best medicine is a short, sharp shock; that's why Medtronic's products reside in its customers' hearts and minds (among other places). A leading maker of implantable biomedical devices, the company makes defibrillators and pacemakers that shock the heart to help it beat normally. Subsidiary Medtronic Sofamor Danek makes spinal implant devices, and its neurological division makes neurostimulation devices and products that treat urinary incontinence. Medtronic CardioVascular produces catheters, stents, valves, and surgical ablation technologies used to treat vascular and heart disease. Medtronic also makes devices for diabetes; ear, nose, and throat (ENT) conditions; and emergency medicine.
Key Numbers
| Sales in U.S. Dollars (mil.) | 14,599 (2009) |
|---|---|
| One-year % Growth in Sales | 8.0 (2009) |
| Net Income in U.S. Dollars (mil.) | 2,169 (2009) |
| One-year % Growth in Net Income | -2.8 (2009) |
| Number of Employees | 41,000 (2009) |
| One-year % Growth in Number of Employees | 2.5 (2009) |
| Fiscal Year-End | May |
