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Stock Market & Financial Investment News

News Breaks
September 28, 2012
05:42 EDTKH, MDTMedtronic signs agreement to acquire China Kanghui Holdings
Medtronic (MDT) and China Kanghui Holdings (KH) announced that they have entered into a merger agreement whereby Medtronic will acquire Kanghui. The agreement calls for Medtronic to pay approximately $816M in cash, or $30.75 per ADS. The total value of the transaction, net of Kanghui's cash, is expected to be approximately $755M. The transaction is expected to close in the next few months and is subject to customary closing conditions, including approval from the shareholders of Kanghui. Medtronic expects the net impact from this transaction to be earnings neutral for FY13 and FY14 as the company intends to offset any dilutive impact of the transaction.
News For MDT;KH From The Last 14 Days
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January 30, 2015
06:45 EDTMDTSome suggest doctors could be using stents too often, NY Times reports
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January 27, 2015
08:42 EDTMDTMedtronic coverage resumed with a Buy at Goldman
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January 26, 2015
17:06 EDTMDTMedtronic completes acquisition of Covidien for $49.9B
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07:17 EDTMDTSociety of Thoracic Surgeons to hold annual meeting
51st Annual Meeting of STS is being held in San Diego, California on January 24-28.
07:08 EDTMDTMedtronic pending acquisition of Covidien approved by Irish High Court
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January 23, 2015
16:33 EDTMDTMedtronic reports 5.1% passive stake in Intersect ENT
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15:46 EDTMDTPiper Jaffray's medtech analysts hold an analyst/industry conference call
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08:36 EDTMDTMedtronic receives FDA approval for for the Medtronic Enterra II System
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January 21, 2015
18:06 EDTMDTS&P announces changes to the S&P 500, MidCap 400, SmallCap 600 indices
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