Medtronic “Outperforming Sector”

Medtronic has posted financial results for its first quarter of fiscal year 2014, ended July 26, 2013. It’s forecasts for revenue and EPS for FY 2014 remain as stated in last year-end financials, although sales estimates were a smidge lower than anticipated by analysts.

Medtronic Pacemaker Recall

Australia’s regulatory authority, the Therapeutic Goods Administration (TGA) has issued a hazard alert pertaining to one of Medtronic’s pacing devices, the Consulta Cardiac Resynchronization Therapy Pacemaker (CRT-P). The action coincides with the company’s recall of certain Consulta and Syncra CRT-P devices.

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