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Philips and Medtronic advocacy partnership aims to help accelerate access to life-saving treatments
GlobeNewswire News Room· 2024-10-24 13:00
October 24, 2024 Both companies also join the newly established World Stroke Organization Advocacy Coalition Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Medtronic Neurovascular, a leading innovator in neurovascular therapies, today announced a strategic advocacy partnership. Delivering timely stroke care is crucial to saving lives and reducing long-term disability. As leaders in stroke diagnosis and treatment, the two organizations are advocat ...
Medtronic (MDT) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-10-22 22:56
Medtronic (MDT) closed at $91.12 in the latest trading session, marking a +0.1% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.05% for the day. Elsewhere, the Dow lost 0.02%, while the tech-heavy Nasdaq added 0.18%. Prior to today's trading, shares of the medical device company had gained 1.3% over the past month. This has outpaced the Medical sector's loss of 4.16% and lagged the S&P 500's gain of 2.76% in that time. Investors will be eagerly watching for the performa ...
MDT vs. ABT: Which Stock Is the Better Value Option?
ZACKS· 2024-10-21 16:45
Investors looking for stocks in the Medical - Products sector might want to consider either Medtronic (MDT) or Abbott (ABT) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revis ...
Medtronic: Undervalued Dividend Aristocrat With High Margins
Seeking Alpha· 2024-10-10 12:05
iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios. Navigating this market can be a tricky endeavor. For one thing, there is plenty of interest rate uncertainty given the Fed's delicate balancing act of contr ...
MDT Stock Trades Near 52-Week High: Is it a Smart Buy Now?
ZACKS· 2024-10-09 17:32
Following a slump, shares of Medtronic (MDT) seem to have started to recuperate, possibly banking on a gradually improving investment and research scenario, thanks to the recent monetary policy easing. Closing Wednesday's trading session at $88.14, shares of this MedTech behemoth are currently trading near the 52-week high of $91.49. Fed's latest aggressive 50-bps rate cut, along with the high likelihood of another half a percentage point cut in the rest of 2024, as part of the central bank's gradual unwind ...
The Zacks Analyst Blog JPMorgan, Medtronic, Shopify and Perma-Pipe International
ZACKS· 2024-10-09 08:15
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 ...
Voluntary recall notifying Medtronic insulin pump users of potential risks of shortened pump battery life
Prnewswire· 2024-10-04 10:45
Customers are being notified of the importance of checking built-in alerts and alarms for battery status and to contact Medtronic for pump replacement if affected by this issue GALWAY, Ireland, Oct. 4, 2024 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, voluntarily issued a field action starting on July 31, 2024, notifying global customers of its MiniMed™ 600 series or 700 series insulin pumps to follow their pump's built-in alerts and alarms for battery status and to c ...
Reasons to Retain Medtronic Stock in Your Portfolio Now
ZACKS· 2024-10-01 15:20
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 ...
Positive Trial Outcome for PulseSelect PFA Likely to Boost MDT Stock
ZACKS· 2024-09-30 13:15
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 ...
New clinical data demonstrate excellent lesion durability with PulseSelect™ Pulsed Field Ablation System in real-world setting as approvals and adoption expand globally
Prnewswire· 2024-09-27 23:00
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 ...