Jefferies Raises Price Target on Medtronic (MDT) to $100 Following 1Q Report
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Medtronic, on Behalf of Its Subsidiary Heartware International, Inc., Announces Offer to Repurchase HeartWare's 3.50% Convertible Senior Notes Due 2017 and 1.75% Convertible Senior Notes Due 2021
August 26, 2016 8:31 AM EDTDUBLIN - Aug. 26, 2016 - Medtronic plc (NYSE: MDT), on behalf of its indirect, wholly-owned subsidiary HeartWare International, Inc., today announced that, in connection with the completion of the acquisition of HeartWare by Medtronic, HeartWare has commenced an offer to repurchase (the "Convertible Notes Repurchase Offer"), at the option of each holder, any and all of its outstanding 3.50% Convertible Senior Notes due 2017 (the "2017 Notes") and 1.75% Convertible Senior Notes due 2021 (the "2021 Notes," and... More
Medtronic Reports First Quarter Financial Results
August 25, 2016 6:46 AM EDTRevenue of $7.2 Billion Decreased 1% as Reported; Prior Year Had Extra Selling Week Revenue Increased Greater than 5 Percent on a Constant Currency, Constant Weeks Basis GAAP Diluted EPS of $0.66; Non-GAAP Diluted EPS of $1.03 GAAP Cash Flow from... More
