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Stock Market & Financial Investment News

News Breaks
January 7, 2013
12:51 EDTMDTMedtronic says strongly focused on China and India
Says both are big opportunities for the company.
News For MDT From The Last 14 Days
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March 31, 2015
08:36 EDTMDTMedtronic receives FDA approval for CoreValve System
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March 30, 2015
16:55 EDTMDTFDA expands use of CoreValve System
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09:04 EDTMDTMedtronic announces Japanese approval of CoreValue System
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March 25, 2015
16:05 EDTMDTMedtronic highlights data on patients undergoing laparoscopic colon resections
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March 18, 2015
05:39 EDTMDTSt. Jude Medical downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded St. Jude Medical (STJ) to Market Perform saying competitive pressures will drive 2015 market share losses in the company's cardiac rhythm management business, which represents 50% of total sales. Wells believes the launch of CardioMEMS will not be strong enough to offset the headwinds in CRM unit. The firm thinks Boston Scientific's (BSX) earlier than expected approval for its next generation subcutaneous implantable cardioverter-defibrillator called Emblem will drive share gains against St. Jude and Medtronic (MDT) in the single chamber ICD market. Wells cut its price target range for St. Jude shares to $69-$70 from $73-$74. The medical technology company closed yesterday down $2.01 to $65.45.

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