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

64.95 USD  -0.24 (-0.37%)
Delayed Price  /  Updated: 5:55 PM CDT, Sep 15, 2014  /  Add to My Watchlist      
52 Week High 66.21
52 Week Low 52.44
Volume 3727049
Bid (Size) 1800
Ask (Size) 1400
Today's Range 65.41 - 64.75
Shares Outstanding 979516413
Dividend Yield 1.17

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Race is on to find fix for faulty heart valve

ARTICLE Updated: Sep 15 2014 - 8:31 PM

A minimally invasive alternative to open-heart surgery has become a competitive battleground for devicemakers who are racing to get new products into the market.Boston Scientific unveiled encouraging...

Treasury close to decision on action that might scuttle Medtronic-Covidien deal

ARTICLE Updated: Sep 9 2014 - 10:48 AM

WASHINGTON – The U.S. Treasury Department will decide “in the very near future” if it has the power to take away some tax incentives to American corporations relocating to foreign...

Study fuels argument for 'sham' devices

ARTICLE Updated: Sep 8 2014 - 9:39 PM

A debate is building in the medical device community over the idea of putting clinical trial participants under the knife for experimental procedures that will not directly benefit them.Subsets of...

Schafer: Medtronic had no choice but to cover the excise tax

ARTICLE Updated: Sep 4 2014 - 8:43 AM

Medtronic’s plan to buy an Irish device company and move the merged operation’s headquarters over there has kicked up a lot of controversy, not the least of which concerns the...

Medtronic would pick up $25M in CEO's taxes

ARTICLE Updated: Aug 29 2014 - 8:56 AM

Medtronic Inc., which plans to cover its top leaders for certain taxes they face as part of a controversial merger plan, has calculated the cost for the CEO’s tab alone at $25 million.The...

In services push, Medtronic to pay $350 million for Italian firm

ARTICLE Updated: Aug 28 2014 - 5:50 AM

Medtronic Inc., which already has big contracts to manage heart-lab operations in dozens of European hospitals, announced a $350 million Italian acquisition Wednesday that aims to expand those...

Medtronic buys Sapiens SBS for $200M

ARTICLE Updated: Aug 27 2014 - 12:30 AM

Medtronic Inc. said Tuesday that it is paying $200 million in cash for a Dutch company that is working on a next-generation deep-brain stimulation device for patients with neurodegenerative...

Medtronic to press ahead with Covidien deal

ARTICLE Updated: Aug 22 2014 - 7:12 PM

Medtronic Inc. executives reaffirmed their commitment to move the company’s legal headquarters to Ireland through a corporate acquisition, despite public criticism and the threat of changes in...

Upset stockholders confront Medtronic executives

ARTICLE Updated: Aug 22 2014 - 4:04 PM

Medtronic Inc. chief executive Omar Ishrak heard an earful from stockholders who got their first chance Thursday to directly question the company’s planned purchase of an Irish...

Medtronic hires ex-senators to lobby bills that could kill Covidien deal

ARTICLE Updated: Aug 13 2014 - 6:53 AM

WASHINGTON – Medtronic Inc. has hired two former U.S. senators to lobby their ex-colleagues against legislation that could undermine the company’s plans to move its headquarters overseas...

Medtronic buys Visualase for $105 million

ARTICLE Updated: Jul 29 2014 - 8:47 AM

Medtronic Inc. said Monday it will spend up to $105 million to buy Visualase Inc., a small Texas company that has developed a system using an MRI-guided laser for minimally invasive...

Schafer: St. Jude stays course after rival's huge deal

ARTICLE Updated: Jul 19 2014 - 4:20 PM

Medtronic’s planned acquisition of Covidien, a $43 billion deal that should have shaken the ground plenty hard under the feet of St. Jude Medical’s executives, hasn’t had that much...

White House poses new hurdle for Medtronic-Covidien deal

ARTICLE Updated: Jul 17 2014 - 9:46 AM

WASHINGTON – The Obama administration wants to stop corporate deals like a proposed Medtronic acquisition that could enable the company to save millions in U.S. taxes by shifting its...

Schafer: Medtronic follows tax trail pioneered by Tyco

ARTICLE Updated: Jul 12 2014 - 2:00 PM

Had it not been for a notorious American executive named L. Dennis Kozlowski, the merger deal that would move Medtronic’s headquarters to Ireland might not be happening. Pentair would likely still be...

Suit seeks to stop Medtronic purchase of Covidien

ARTICLE Updated: Jul 12 2014 - 6:08 AM

A Covidien shareholder has challenged Medtronic Inc.’s proposed $42.9 billion purchase of the Irish company in federal court.Shareholder Richard Taxman’s proposed class-action suit asks a...

Medtronic deal could sting for long-time shareholders

ARTICLE Updated: Jul 6 2014 - 6:49 AM

Bloomington retiree Jim Furber considers Medtronic Inc. a great asset to the state and says he’s thankful for the company’s growth and stock appreciation over the years.But like many...

Schafer: Global strategy, not taxes, drove Medtronic's merger with Covidien

ARTICLE Updated: Jul 5 2014 - 2:00 PM

It’s become easy to miss all the smart thinking that went into Medtronic’s decision to buy Covidien for $42.9 billion.And no, there was nothing particularly innovative about moving the corporate...

Supreme Court won't block Medtronic liability case

ARTICLE Updated: Jun 27 2014 - 5:50 AM

WASHINGTON – The U.S. Supreme Court has declined to hear an appeal from Medtronic Inc. to stop a liability lawsuit stemming from a medical device that allegedly left an Arizona man...

CEO Pay Watch: Omar Ishrak, Medtronic

ARTICLE Updated: Jun 26 2014 - 8:17 PM

CEO Pay Watch Medtronic Inc.Omar Ishrak, Chairman, CEOTotal compensation: $8,331,159 for the year ended April 30Salary: $1,459,080Non-equity incentive pay: $4,682,931Other compensation: $52,614Value...

Medtronic could avoid $3.5B to $4.2B in taxes with merger

ARTICLE Updated: Jun 25 2014 - 5:17 AM

WASHINGTON – Medtronic Inc. could avoid $3.5 billion to $4.2 billion in U.S. taxes on funds it holds overseas as part of its plan to acquire a major foreign medical company and move its...

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