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Kyphon News

News on Kyphon (Ticker: MDT) continually updated from thousands of sources around the net.

2 hrs ago | Star Tribune

Medtronic would pick up $25M in CEO's taxes

Medtronic CEO Omar Ishrak will receive $25 million of an estimated $63 million the company is prepared to pay high-ranking officials to offset the costs of moving it headquarters overseas.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Salient Surgical Technologies

14 hrs ago | Fox News

Federal government sues Minnesota city for rejecting proposed Islamic center

The Abu Huraira Islamic Center planned to convert the lower level of Medtronic headquarters into a space for prayer and community gathering.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Salient Surgical Technologies

Wed Aug 27, 2014

Sys-Con Media

Zacks Industry Outlook Highlights: Zimmer Holdings, Medtronic, Covidien, Stryker and Smith & Nephew

A confluence of several factors over the past few years has created ferment in the medical device market the world over.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Manufacturing, Industrial Machines, Startups, Foley, Covidien, Starting Point

Brandon Sun

Medical device maker Medtronic spends $350 million on another European acquisition

U.S. medical device maker Medtronic is building stronger ties to Europe, a couple months after announcing a $42.9 billion acquisition that involves moving its main executive offices across the Atlantic, where it can get a better tax deal.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Salient Surgical Technologies

Tue Aug 26, 2014

The Washington Post

Boehner, Camp Profit From Corporate Bid to Avoid U.S. Tax

Two top Republican lawmakers profited from a corporate tax-avoidance maneuver that the U.S. Treasury Department is seeking to curb.

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Related Topix: US News, US Politics, Dave Camp, Republican, US House of Representatives, John Boehner, Medtronic, Medicine, Medical Equipment, Healthcare Industry, Covidien, Startups

Business Journal

Medtronic pays $200 million for brain-stimulation tech

Medtronic Inc. said Tuesday it had bought Sapiens Steering Brain Stimulation, a Dutch maker of a tool that can send electrical pulses deep inside the brain.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Solera Networks, Salient Surgical Technologies

Mon Aug 25, 2014

Financial News & Daily Record

Medtronic defends tax inversion strategy

With the company facing a backlash over its strategy, Medtronic Inc. CEO Omar Ishrak last week defended its plan to merge with an Irish company and move its official headquarters overseas.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Solera Networks, Salient Surgical Technologies

Sat Aug 23, 2014

OpEdNews

Living on our tax dollars but fleeing them-- tax inverters AbbVie and Medtronic

It's called "inversion" -- US corporations reincorporating in countries like Britain, Ireland or the Netherlands to duck US taxes, often by merging with a European entity.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Healthcare Industry, Salient Surgical Technologies, Illinois

Fri Aug 22, 2014

The Business Journal

Claret Medical lands $18 million in funding for stroke product

Claret Medical, a Santa Rosa-based company that develops systems to cut the incidence of strokes during heart surgery, on Friday disclosed an $18 million round of new funds.

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Related Topix: Stroke, Medicine, Health, Venture Capital, Emerging Technology, Startups, Medtronic, Horizon Therapeutics, Medical Equipment, Healthcare Industry

Business Journal

Irvine's Reverse Medical gets snatched up by Covidien as Medtronic merger looms

As it prepares for a merger with Medtronic Inc., medical device company Covidien has itself acquired a small California-based company to makes products to treat vascular disease.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Covidien

Tue Aug 19, 2014

Fox News

Medtronic Chief: Covidian Deal Good for Economy

Medtronic Inc Chief Executive Omar Ishrak defended his company's plan to acquire Dublin-based Covidien Plc in a so-called inversion deal, saying the medical device maker will be able to create more U.S. jobs while still paying substantial taxes once the transaction closes.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Salient Surgical Technologies, Covidien

AmericanBankingNews.com

Medtronic (MDT) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Medtronic announced its earnings results on Tuesday. The company reported $0.93 earnings per share for the quarter, beating the analysts' consensus estimate of $0.92 by $0.01, Analyst RN reports.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Solera Networks, Salient Surgical Technologies

Mon Aug 18, 2014

Seeking Alpha

Does The Medtronic Whisper Number Indicate Investor Confidence?

Medtronic has a 39% positive surprise history . The overall average post earnings price move is 'positive' when the company reports earnings.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Healthcare Industry, Solera Networks, Salient Surgical Technologies

Sun Aug 17, 2014

AmericanBankingNews.com

Medtronic (MDT) to Release Earnings on Tuesday

Medtronic will be posting its Q115 quarterly earnings results on Tuesday, August 19th.

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Solera Networks, Salient Surgical Technologies

Fri Aug 15, 2014

Bloomberg

Covidien Inversion Deal Under Scrutiny by Options Traders

Speculation Medtronic Inc. will modify its offer for Covidien Plc as sentiment worsens toward tax inversions is fueling demand for bearish options.

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Related Topix: Covidien, Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Salient Surgical Technologies

Thu Aug 14, 2014

Star Tribune

Medtronic founder Bakken praises Covidien purchase

The Fridley-based device maker on Thursday sent a message signed by Bakken that praises the $43 billion deal that will move Medtronic's corporate headquarters to Ireland while maintaining its operational headquarters in Minnesota.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Healthcare Industry, Salient Surgical Technologies

Mon Aug 11, 2014

Sys-Con Media

Product Launch, Technical Updates, Clinical Study Results, Completion ...

Today, Analysts Review released its research reports regarding Medtronic, Inc. , Covidien plc , Johnson & Johnson , Merck & Co., Inc. and Jazz Pharmaceuticals plc .

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Related Topix: Medtronic, Medicine, Medical Equipment, Healthcare Industry, Startups, Horizon Therapeutics, Biotech, Merck , Johnson and Johnson

Sun Aug 10, 2014

The New Zealand Herald

Corporate 1pc get wealthier as cash piles up

Income inequality has company - make that companies. A new wealth gap is opening among US corporations, where cash holdings are growing more concentrated as the rich get richer.

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Related Topix: WebMD, Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Healthcare Industry, Salient Surgical Technologies

Sat Aug 09, 2014

Star Tribune

Schafer: 'Benefit' companies are hardly a new concept in Minnesota

It will soon become possible for Minnesota entrepreneurs to incorporate new ventures as "public benefit corporations," enterprises with a clear legal right to pursue a mission other than simply maximizing shareholder value.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Healthcare Industry

Boston.com

FTC seeks more details on Covidien takeover

Federal antitrust regulators have asked for more information on medical device giant Medtronic Inc.'s plan to buy Mansfield health care supplies company Covidien PLC, raising the possibility the $42.9 billion acquisition could be delayed.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Healthcare Industry, Salient Surgical Technologies, Mansfield, MA

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