13 hrs ago
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.
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.
Wed Jul 30, 2014
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 .
Tue Jul 29, 2014
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.
Mon Jul 28, 2014
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.
Sun Jul 27, 2014
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.
Sat Jul 26, 2014
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.
Fri Jul 25, 2014
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.
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.
Thu Jul 24, 2014
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.
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.
Wed Jul 23, 2014
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.
Tue Jul 22, 2014
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.
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.
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.
Mon Jul 21, 2014
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.
AbbVie Gets Its 'Tax Break' In Shire
The pharmaceutical industry has constantly provided us with news of gigantic mergers lately.
Sun Jul 20, 2014
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.
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.
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.