Thursday Aug 28
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.
Wed Aug 27, 2014
Medtronic EVP Christopher J. Oconnell Sells 28,000 Shares
Medtronic EVP Christopher J. Oconnell sold 28,000 shares of the stock on the open market in a transaction dated Tuesday, August 26th.
Medtronic Director Sells $176,275 in Stock
Medtronic Director Shirley A. Jackson unloaded 2,769 shares of the stock in a transaction dated Tuesday, August 26th.
Feds plan to sue city of St. Anthony over rejection of Islamic center
People stood along the wall as the room filled up during a city council meeting as they decided on a proposed Islamic center in St Anthony Village on June 12, 2012.
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.
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.
Tue Aug 26, 2014
John Paulson's Big Q2 Buys
Paulson & Co.' s recent 13F indicates that in the second quarter, the hedge fund mostly stuck to a merger arbitrage strategy.
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.
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.
Burger King buying Tim Hortons
Burger King announced that it has reached a deal to buy Canadian doughnut chain Tim Hortons and base itself in Canada, a controversial transaction that might cut its U.S. tax bill.
Mon Aug 25, 2014
Aversion to Inversions
This is one of three articles in a special report probing the question of which corporate actions represent legitimate tax avoidance and which ones are mere attempts at "gaming the system."
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.
Medtronic Receives Consensus Rating of "Buy" from Brokerages
Shares of Medtronic have been given an average recommendation of "Buy" by the nineteen brokerages that are currently covering the company, AnalystRatings.Net reports .
Sun Aug 24, 2014
Inversion Express Slows to Crawl as Obama Condemns CEOs
President Barack Obama 's full-throated denunciation of overseas mergers that lower U.S. companies' taxes is throwing cold water on potential deals.
Sat Aug 23, 2014
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.
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.
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.
Thu Aug 21, 2014
Medtronic, Inc. (MDT) Declares Quarterly Dividend of $0.31
Medtronic declared a quarterly dividend on Thursday, August 21st, AR Network reports.
Tue Aug 19, 2014
The Daily News
Medtronic First-Quarter Profit Drops Almost 9 Percent
Medtronic Inc . on Tuesday reported net income that declined by nearly 9 percent in its fiscal first quarter, and beat analysts' expectations.