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Medtronic News

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

13 hrs ago | Seeking Alpha

NuVasive Running On Renewed MIS Vigor

NuVasive left its larger rivals in the dust, as mid teens growth was well above the low single-digit growth rates of other large players in the spine market.

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Related Topix: NuVasive, Healthcare Industry, Biotech, Johnson and Johnson, Medicine, Zimmer Holdings, Medical Equipment, Stryker, Startups, Intuitive Surgical

22 hrs ago | The Salinas Californian

SVMH picked for key clinical studySVMH picked for key clinical...

SVMH picked for key clinical study It's one of 45 hospitals worldwide testing new MRI-friendly heart device.

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Related Topix: Medicine, Medical Equipment, Healthcare Industry, Food and Drug Administration, Startups, Medtronic, Horizon Therapeutics, Kyphon, Salient Surgical Technologies

Wed Jul 30, 2014

Barron's

Corporate Inversions: Could They Cost Fund Investors Tens of Millions in Taxes?

Corporations want to keep them going. Wall Street loves them. The Obama administration wants to shut them down .

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Related Topix: Medicine, Medical Equipment, Healthcare Industry, Biotech, Forest Labs, Mutual Funds, Personal Finance

Tue Jul 29, 2014

Journal Gazette

Lilly has aversion to inversion

It's not just American tourists heading overseas these days. Increasingly, U.S. corporations are turning to "tax inversions" to move abroad and avoid high corporate tax rates.

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

Mon Jul 28, 2014

Business Journal

FDA approves new Medtronic device

Medtronic Inc. has received approval from the U.S. Food and Drug Administration to market the Prestige LP Cervical Disc System.

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Related Topix: Medicine, Medical Equipment, Healthcare Industry, Startups, Medtronic, Horizon Therapeutics, Kyphon, Food and Drug Administration, Solera Networks

Sun Jul 27, 2014

Bloomberg

Lew Can Use Tax Rule to Slow Inversions, Ex-Official Says

The U.S. Treasury Department should use immediate stopgap regulations to make offshore transactions known as corporate inversions less lucrative, said the department's former top international tax lawyer.

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Related Topix: Medicine, Medical Equipment, Healthcare Industry, US News, US Politics, Charles Schumer, US Senate, Democrat

Sat Jul 26, 2014

TwinCities

Medtronic's Covidien deal would mean tax hit for long-term investors

The 84-year-old Eagan resident said she admires Medtronic co-founder Earl Bakken, and has benefited financially from considerable growth in the stock's value since the late 1970s.

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

Fri Jul 25, 2014

JD Journal

Obama Takes Issue with Companies Switching Addresses for Taxes

When making remarks on Friday at a technical college in Los Angeles, President Barack Obama had some strong words for companies that use cross-border mergers to escape taxes in the United States, according to Bloomberg.

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Related Topix: Medicine, Medical Equipment, Healthcare Industry, Canonsburg, PA, Europe, World News, United Kingdom

Sys-Con Media

Alere Connect and Qualcomm Life Lead in ABI Research's Remote...

Alere Connect, Qualcomm Life, and Preventice ranked one, two and three respectively in ABI Research's latest "Remote Patient Management Platforms" Competitive Assessment.

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Related Topix: Medical Equipment, Medicine, Healthcare Industry

Thu Jul 24, 2014

Business Journal

Bone-growth startup lands cash from VC Brightstone

Brightstone Venture Capital has invested an undisclosed amount in Fortus Medical, a startup that uses stem cells to promote bone growth and help spinal surgery patients heal.

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Related Topix: Medical Equipment, Medicine, Healthcare Industry

Albany Times Union

This Eye-Popping Chart Of Ex-US Companies Shows Why People Are...

This Eye-Popping Chart Of Ex-US Companies Shows Why People Are Freaking Out About 'Tax Inversions' A tax inversion is a corporate merger strategy that involves a company based in one country, say the U.S., acquires another company based somewhere else, say the U.K., and following the deal moves its tax base to enjoy a lower corporate tax rate.

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Related Topix: Medicine, Medical Equipment, Healthcare Industry, Pfizer, Biotech

Wed Jul 23, 2014

Seeking Alpha

Surprise: The Real Costs Of Inversions Are Paid By Ordinary Shareholders

An inversion is achieved when a US based company buys a foreign corporation, and as a result moves its legal domicile in the foreign country.

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Related Topix: Medicine, Medical Equipment, Healthcare Industry

Tue Jul 22, 2014

Fox News

FT: 25 More Firms May Seek Tax Breaks Overseas

A top Democrat warned on Tuesday a recent string of so-called tax inversions could foreshadow future moves as U.S. firms look to dodge American taxes.

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Related Topix: Medicine, Medical Equipment, Healthcare Industry, Pfizer, Biotech, Business News

CNN

Opinion: Corporations skip tax with overseas maneuver

One can hardly read the news these days without learning that yet another American corporation has announced plans to invert, which is corporate-speak for restructuring as a foreign company to avoid U.S. taxes.

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

Forbes.com

No Need To Envy Tax-Inversion Takeovers: Better Tax Deal Awaits

Watching big pharmaceutical companies and other major U.S. corporations line up to make foreign acquisitions that will bring them a low-tax haven as headquarters, a middle market CEO/owner/entrepreneur could easily become jealous.

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Related Topix: Walgreens, Retail, Medicine, Medical Equipment, Healthcare Industry, Pfizer, Biotech

Mon Jul 21, 2014

USA Today

Tax inversions allow firms to avoid state taxes

American companies that merge with foreign competitors to lower their federal taxes also cut their state taxes, leaving states to mostly watch helplessly as their tax revenue drains away.

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Related Topix: Startups, Medtronic, Medicine, Horizon Therapeutics, Medical Equipment, Kyphon, Healthcare Industry, Salient Surgical Technologies, US Politics, Mark Dayton, US News, US Senate, Democrat

Seeking Alpha

AbbVie Gets Its 'Tax Break' In Shire

The pharmaceutical industry has constantly provided us with news of gigantic mergers lately.

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Related Topix: Biotech, Medicine, Pharmaceuticals, Mylan Laboratories, Healthcare Industry, Abbott Laboratories, Medical Equipment

Sun Jul 20, 2014

Bloomberg

Merger Rush for Offshore Tax Break Bets on U.S. Stalemate

U.S. companies are racing to complete tax-reducing offshore mergers before a credible threat to stop them emerges from Congress.

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Related Topix: US News, Medicine, Medical Equipment, Healthcare Industry, Biotech, Shire plc, Salix Pharmaceuticals, US Politics, US Senate, Ron Wyden, Democrat, Orrin Hatch, Republican

Fri Jul 18, 2014

St. Cloud Times

Shareholder files suit against MedtronicShareholder files suit...

Shareholder files suit against Medtronic Claim: 'Reverse merger' will result in substantial loss.

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

Fox News

Will Congress Scuttle the AbbVie-Shire Merger?

AbbVie's $54 billion proposal to acquire Irish drug maker Shire would mark the largest tax inversion ever, as a growing number of U.S. companies pursue lower rates overseas.

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Related Topix: US News, Biotech, Medicine, Pharmaceuticals, Mylan Laboratories, Healthcare Industry, Abbott Laboratories, Medical Equipment, Pfizer, Orrin Hatch, US Senate, Republican, US Politics

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