For Immediate ReleasesChicago, IL – October 9, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include:JPMorgan Chase & Co. (JPM) , Medtronic plc (MDT) and Shopify Inc. (SHOP) and Perma-Pipe International Holdings, Inc. (PPIH) .Here are highlights from Wednesday’s Analyst Blog: Top Research Reports for JPMorgan Chase, Med ...

Core Points - Medtronic has issued a voluntary field action regarding its MiniMed™ 600 and 700 series insulin pumps due to reports of shortened battery life and potential health risks associated with battery alerts and insulin delivery interruptions [1][2][3] - The FDA has classified this action as a class I recall, indicating a significant risk to patient safety [1] - Medtronic emphasizes the importance of patient safety and has established a 24/7 support system for users experiencing battery issues [3] Summary by Sections Product Issue - Customers are advised to monitor built-in alerts for battery status and contact Medtronic for pump replacement if they notice changes in battery life [1] - A comprehensive analysis revealed that physical impacts to the pump can lead to reduced battery life and premature battery alerts [1][2] - Medtronic has received 170 reports of hyperglycemia and 11 reports of diabetic ketoacidosis potentially related to this issue from January 2023 to September 2024 [1] Customer Guidance - Users should be prepared to replace the battery immediately upon receiving a "Low Battery Pump" alarm, as the pump may stop insulin delivery sooner than expected [2] - It is recommended that users carry extra batteries and have backup therapy available [2] Company Commitment - Medtronic prioritizes patient safety and continuity of therapy, actively notifying impacted users since July 2024 [3] - The company is committed to replacing pumps when necessary and providing ongoing support to users [3] Company Overview - Medtronic is a global leader in healthcare technology, aiming to transform diabetes care and improve patient outcomes [4][5] - The company employs over 95,000 people across more than 150 countries, addressing various health conditions with innovative technologies [5][6]

Medtronic plc’s (MDT) growth is backed by remarkable progress within the Neurosurgery Portfolio. The company’s continuous efforts to capture several growth markets look impressive. Meanwhile, headwinds from adverse foreign exchange effects pose a challenge to Medtronic’s operations. Mounting costs and expenses due to geopolitical conditions also add to the worry.In the past year, this Zacks Rank #3 (Hold) stock has risen 15.6% compared with the industry’s 24.2% growth. The S&P 500 composite has witnessed a ...

Medtronic plc (MDT) has shared late-breaking clinical trial results for its PulseSelect Pulsed Field Ablation (“PFA”) system, demonstrating a high rate of durable lesion formation in treating atrial fibrillation (Afib). The findings were presented at the Asia Pacific Heart Rhythm Society meeting held in Sydney, Australia.The widespread adoption of PulseSelect also continues, with more than 10,000 cases having been performed worldwide.Predicting MDT Stock Movement Following the NewsAfter the announcement, Me ...

APHRS: New data confirm robust long-term durability and highly efficient procedure performed without fluoroscopySuccessful launch in Japan follows recent reimbursement approval  Approvals across APAC including China and Australia broaden reach for patientsGALWAY, Ireland and SYDNEY, Sept. 27, 2024 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced the presentation of clinical study results demonstrating a high rate of durable lesion formation for the PulseSe ...

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Core Insights - Federated Hermes, Inc. has launched the Federated Hermes MDT Mid Cap Growth Collective Investment Fund aimed at qualified retirement plan investors, focusing on capital appreciation through a diversified portfolio of US mid-cap growth companies [1][2] - The fund utilizes a systematic, bottom-up stock-selection process that leverages advanced research and technology to minimize subjective influences [1][2] - The fund is managed by an experienced team with a combined total of over 81 years in investment management, overseeing more than $10 billion in various investment vehicles [2][3] Company Overview - Federated Hermes is a global leader in active investment management, with $782.7 billion in assets under management as of June 30, 2024, serving over 10,000 institutions and intermediaries worldwide [4] - The company offers a wide range of investment solutions, including equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies [4] - Federated Hermes has a significant presence with more than 2,000 employees across various global offices, including locations in London, New York, and Boston [4] Fund Details - The new MDT Mid Cap Growth fund is Federated Hermes' first equity collective investment trust (CIT), complementing existing fixed-income CITs [3] - The fund aims to differentiate itself by seeking alpha from multiple sources, enhancing its appeal in the retirement market [2] - The management team includes Daniel Mahr, CFA, Damien Zhang, CFA, Frederick Konopka, CFA, and John Paul Lewicke, each bringing extensive experience to the fund's operations [2]

At the North American Spine Society's 39th Annual Meeting in Chicago, Medtronic plc (MDT) commercially launched several software, hardware and imaging innovations to advance its AiBLE spine technology ecosystem. In addition, the company announced a partnership with Siemens Healthineers to explore opportunities for expanding access to cutting-edge pre and post-operative imaging technologies for spine care. MDT Stock's Trend Following the News After the announcement, shares of MDT dipped 0.4% to close at $89. ...

GALWAY, Ireland and CHICAGO, Sept. 25, 2024 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, announced today at the North American Spine Society (NASS) 39th Annual Meeting in Chicago the commercial launch of several software, hardware, and imaging innovations. These enhancements are designed to advance AiBLE™, the Medtronic smart ecosystem of innovative navigation, robotics, data and AI, imaging, software and implants that enable more predictable outcomes in spine and cra ...

A month has gone by since the last earnings report for Medtronic (MDT) . Shares have added about 0.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Medtronic due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Medtronic Q1 Earnings, Revenues Top Estimates, Margins D ...