Headquarters: Natick, Mass.In the news: The medical technology company announced an extension of its 2011 restructuring program, which will mean a further workforce reduction of 900 to 1,000 employees company-wide, bringing total headcount down by about 2,400, or about 10 percent. The company also released its fourth-quarter and year-end financials.
Ticker: BSX
Founded: 1979
Pres., CEO: Mike Mahoney
2012 revenues: $7.249 billion, down 5 percent from 2011
2012 net loss: $4.068 billion or $2.89 per share.
Total employees: 24,000
Regional operations: Maple Grove, Plymouth and St. Paul
Regional employees: approximately 5,000 in Minnesota
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
General Motors reports strong first-quarter profits as prices help offset small US sales dip
Despite a small dip in U.S. vehicle sales, General Motors' first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
Business
PepsiCo beats Q1 revenue forecasts as price increases moderate
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.
World
Swedish customs seize around 1.4 tons of cocaine in one of the country's largest-ever drug busts
Swedish customs made one of the country's biggest-ever cocaine seizures after confiscating around 1.4 tons of the drug last week in a port near Stockholm, an official told Swedish television on Tuesday.
Business
Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth
Faced with falling global sales and a diving stock price, Tesla has slashed prices again on some of its electric vehicles and its ''Full Self Driving'' system in an apparent effort to boost the company's earnings growth.
Business
Stock market today: World stocks track Wall Street gains ahead of earnings reports
Global markets were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before, with roughly 150 companies in the S&P 500 set to report earnings this week.
