Medtronic

The Fridley-based company makes cardiovascular, cardiac rhythm, neurological, spinal, diabetes and surgical medical device technologies and therapies.

Business
9:40am
Medtronic's Fridley headquarters.

Medtronic misses sales targets but beats earnings expectations

A computer outage trimmed sales during quarter, but CEO Omar Ishrak said the system is now working normally.
Business
August 16

Shareholder suit over Medtronic-Covidien deal still in play, court rules

State high court gives OK for shareholders to proceed.
Business
July 31

Medtronic closes on $6.1 billion sale of supply lines to Cardinal Health

The previously announced deal involves lower-margin products widely used in hospitals.
Business
July 17

Medtronic shares dip as CFO signals revenue hit from computer failure

Profit still expected to hit low end of forecast for the May-through-July period.
Business
June 28

Medtronic nears resolution of its Infuse lawsuits

Medtronic did not release figures for the confidential settlements. The company reported that it set aside $300 million for all of its legal settlements in the fiscal year that ended in April, according to the Securities and Exchange Commission filing.
Business
June 26

Medtronic says computer system has been restored

Medtronic computers had been out for a full week, disrupting operations.
Business
June 24

Reaching deep into the brain to treat strokes

Minnesota is a big player in the growing market for tools that are less invasive.
Business
June 10

Medtronic's Tyrx envelopes aimed at reducing heart device infections

In a push to increase use of its Tyrx envelope, company vows to share replacement cost should an infection set in.
Business
June 5

FDA approves cerebral protection system for heart-valve replacements

It screens particles that can travel to brain during aortic valve procedures.
Business
June 3

Med-tech industry watching battle over stent prices in India

India's government has ordered a big price cut; device firms are threatening to leave.
Business
May 27
Terry Williams, a former Medtronic engineer who says he helped invent...

Making pacemakers easier on the heart may come down to connections

Challenging pacemaker-placing method creates a more natural heartbeat
Business
May 25
Medtronic CEO Omar Ishrak said the sale shows the medical device manufacturer’s commitment to “disciplined portfolio management.”

Medtronic beats estimates, then draws shrug with earnings outlook

The medical device giant's guidance for year ahead is viewed by some as conservative.
Business
April 6

Medtronic says it is recalling StrataMR valve

Valve was approved for use less than a year ago.
Business
April 5

Medtronic begins to roll out state-of-the-art insulin pump

Medtronic's 670G device reads the blood-glucose level, makes a high-low prediction, then adjusts insulin dose.
Business
March 19

Medtronic, St. Jude tout favorable test results for heart devices at expo in D.C.

Medtronic and St. Jude are rolling out upbeat trial results for key products.
Business
March 13

Medtronic heart monitor gets FDA approval

New programming makes the latest version of the device more accurate.
Business
February 21

'Confident' Medtronic third-quarter results beat Wall St. expectations

The medical device maker reaffirmed its full-year guidance, citing product launches in the current quarter.
Business
January 26

Medicare to cover implants of Medtronic's Micra pacemaker

The device is much smaller than traditional pacemakers and can be implanted inside the heart without open-chest surgery.
Business
December 28, 2016

Appeals court revives Medtronic shareholder suit over Infuse

Medtronic was dealt a legal setback Wednesday when a federal appeals court reinstated litigation from investment funds claiming that the medical device company misled investors…
Business
December 24, 2016

Device makers with big Minnesota ties are focus of Medicare audit

Medicare watchdog office looks into products from firms with Minnesota ties.
Business
December 9, 2016

Medtronic eliminating some Twin Cities jobs in favor of contractor

Outside contractor hired to replace Columbia Heights jobs.
Business
November 29, 2016

Medtronic in deal to help run labs in Cleveland medical center

The pact with University Hospitals Cleveland medical Center is Medtronic's first integrated health solutions agreement in the U.S.
Business
November 22, 2016
Medtronic's Fridley headquarters.

Medtronic stock down as its second-quarter revenue comes up short

The company said it believes sales woes will be temporary as new products drive a recovery.
Business
November 18, 2016

Medtronic CEO reaches out to workers after election

Omar Ishrak is among the leaders who assured employees of commitment to core values.
Business
November 10, 2016

FDA hearing on off-labels use of devices explores risks to patients

The FDA is grappling with how far companies can go in touting uses that haven't been studied.