It was only a single bullet in his pocket while waiting to board an airplane. But St. Jude Medical CEO Daniel Starks is in a different league, one often inhabited by professional athletes and celebrities rather than medical technology executives, after his detention last week at a Delhi, India airport.
[Read more of this report]Among the life science current events from last week: Daniel Starks’ India arrest, Android v. iPad in healthcare, autism software looks to help schools, Medtronic’s offshoring plan, and reimbursements in diabetes.
[Read more of this report]St. Jude Medical’s (NYSE:STJ) chief executive officer Daniel Starks was free to travel inside India on Thursday, a day after authorities detained him for having a single round of live ammunition on him at the Delhi airport.
[Read more of this report]St. Jude Medical’s (NYSE:STJ) chief executive officer was arrested in India on Wednesday after authorities at the Delhi airport found a single live round tucked into a knee pocket of his cargo pants, according to media reports.Daniel Starks was in India on business and was about to take a chartered flight from the Indira Gandhi [...]
[Read more of this report]Earnings reports are good ways to measure a company’s financial performance. What they’re less useful for is gauging a company’s confidence. You know… Mojo. Swagger. Groove. And here’s what I see: Medtronic Inc. (NYSE:MDT) always had it. Boston Scientific Corp. (NYSE:BSX) has lost it. And St. Jude Medical Inc. (NYSE: STJ) is feeling it.
[Read more of this report]St. Jude Medical Inc. (NYSE:STJ) on Tuesday upgraded its end-of-the-year profit forecast after reporting a third quarter adjusted earnings gain of 16.5 percent. The medical device maker, based in Little Canada, Minnesota, said it now expects to make $2.98 to $3.00 a share, compared to its earlier estimate of $2.78 to $2.83 a share.
[Read more of this report]St. Jude Medical Inc. (NYSE: STJ) said Monday it will acquire fellow Minnesota medical device maker AGA Medical Holdings Inc. (NASDAQ:AGAM) for $1.3 billion. Under terms of the all-cash agreement, St. Jude, based in Little Canada, will pay $20.80 for each share of AGA stock and assume $225 million in AGA debt. The company expects to close the deal by the end of the year.
[Read more of this report]Medtronic’s earnings are bad news for the medical device industry and may indicate the global economy is in worse shape than people think.
[Read more of this report]A Minnesota judge hearing a dispute between Medtronic Inc. (NYSE:MDT) and St. Jude Medical Inc. (NYSE: STJ) over the hiring of a top executive has split the difference.Joseph McCullough can start work at Medtronic in November, not May 2011, as St. Jude had wanted, according to a ruling by Ramsey District Court Judge M. Michael [...]
[Read more of this report]In Minnesota, the sincerest form of flattery is not imitation but rather working for the enemy.According to the Star Tribune in Minneapolis, St. Jude Medical Inc. (NYSE: STJ) filed a lawsuit against a former top executive, accusing the man of violating a non-compete agreement. The company fears the man will share confidential information with rival [...]
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