The Latest Breaking News from MDT

The stock market has witnessed a massive sell-off lately on concerns over the Fed’s aggressive interest rate hikes to fight the decade-high inflation. Many analysts expect the economy to slip into recession due to the Fed’s monetary policy tightening. Since the medical device industry is known to be one of…

The major stock market indexes surged yesterday after the Fed Reserve raised benchmark interest rates by half a percentage point. However, the stock market is expected to remain under pressure at least in the near term on continuing macroeconomic and geopolitical concerns. So, we think it could be wise to…

Growing demand from an aging population to track their diseases and increased focus on critical surgical procedures with lesser COVID-19 pressures on hospitals make the medical devices industry’s prospects bright. Moreover, the integration of emerging technologies and continued innovations should drive the industry’s growth. Therefore, prominent players in this space,…

Medtronic Plc (NYSE:MDT) is recalling the Harmony Delivery Catheter, part of the Transcatheter Pulmonary Valve (TPV), due to the possibility that the bond holding the capsule at the end of the delivery catheter may break during a procedure.  Harmony TPV System is used to treat a leaky native or surgically repaired right…

Increased focus on elective surgeries and growing demand from the aging population have been helping medical device companies to grow their revenues. Moreover, continuous innovations and the integration of advanced technologies position the industry well for growth. Therefore, prominent players in this space, Intuitive Surgical (ISRG) and Medtronic (MDT), should…

Needham published a report that pointed to previous comments from Medtronic plc's (NYSE: MDT) management that indicate the potential for changes in the coming year, with a spinoff of a large business considered an option.

Amid the current market fluctuations owing to continuing geopolitical tensions, soaring oil prices, a rising interest rate environment, and supply chain disruptions, it could be wise to add quality dividend stocks Medtronic (MDT), Sanofi (SNY), Nippon Telegraph, and Telephone (NTTYY), Honda Motor (HMC) and Hewlett Packard (HPE) to one’s portfolio…

: Major stock indices appear heading for weekly gains with the Fed’s first interest rate hike digested easily by investors. However, the market is expected to remain under pressure in the near term. So, because wide-moat companies generally do well in these market conditions, we think cheap wide-moat stocks Bristol-Myers…

Medtronic plc (NYSE:MDT) announced final findings from a study that confirmed the effectiveness of the GI Genius intelligent endoscopy module.  GI Genius uses AI to aid in detecting colorectal polyps during colonoscopy, potentially helping to prevent colorectal cancer (CRC).  The study published in Gastroenterology found that the use of GI Genius in conjunction with…

Medtronic expects to return to pre-Covid growth in the current quarter, and MDT stock recovered early from a fiscal third-quarter miss.

Medtronic Plc's (NYSE: MDT) Q3 FY22 sales of $7.76