NEW PRODUCTS
St. Jude Medical Inc., Little Canada, announced U.S. Food and Drug Administration approval and first use of MediGuide Enabled ablation catheters. The ablation catheters, which are used to treat specific irregular heartbeats, expand the MediGuide platform for St. Jude Medical.
Medtronic Inc., Fridley, has submitted its first pre-market approval (PMA) module to the U.S. Food and Drug Administration for the IN.PACT Admiral drug-eluting balloon. Designed to treat atherosclerotic lesions in the superficial femoral artery, the angioplasty device remains investigational in the United States.
DEBT AND EQUITIES
Tennant Co., Golden Valley, declared a regular quarterly cash dividend of 18 cents per share, payable Sept. 16, to shareholders of record on Aug. 30.
G&K Services Inc., Minnetonka, declared a quarterly dividend of 27 per share, an increase from 19.5 cents per share, payable Sept. 27 to shareholders of record on Sept. 12.
![Hormel headquarters in Austin, MN. ] GLEN STUBBE * gstubbe@startribune.com Friday September 11, 2015 Despite woes throughout the food industry, partly due to consumers turning away some from processed foods, Hormel has managed to continue prospering -- even though a good part of its business -- Spam, chili -- is about as processed as you can get. But the company's turkey and pork offerings are riding a hot protein trend. And over the past two years, it's made some of the biggest acquisitions in](https://arc.stimg.co/startribunemedia/527MWWMEXAN6BDVVGMMGBOERGU.jpg?&w=252&ar=3:2&fit=crop)
