DEBT AND EQUITIES
Medtronic Inc., Fridley, approved a cash dividend of 30.5 cents per common share, an increase from 28 cents, payable Oct. 24 to shareholders of record on Oct. 3.
Mocon Inc., Brooklyn Park, approved a quarterly cash dividend of 11 cents per common share, payable on Nov. 21 to shareholders of record on Nov. 7.
PRODUCT RECALL
Smiths Medical, Arden Hills, is recalling certain lots of Portex endotracheal tube holders sold as stand-alone products and packaged intubation kits. The FDA has been made aware of this action. Smiths Medical is voluntarily recalling these products because a small number of customers have reported difficulty when passing a suction catheter through the endotracheal tube when the holder is locked, or have experienced difficulty when locking the holder. These conditions could present a delay in therapy while replacement product is obtained, or could result in an accidental extubation if the tube holder fastener is loosened in an effort to suction the patient.
