Dividend.com: Dark Days for BlackRock

Medtronic Approaching Key 1998 Levels

Medtronic (MDT Quote) just reported a second-quarter profit of $571 million, or 51 cents per share, compared with profit of $666 million, or 58 cents per share, a year earlier.

Revenue rose 14% to $3.57 billion from $3.12 billion. The earnings per share was four cents shy of estimates. The company did see solid results in its cardiac rhythm management which rose 8% to $1.24 billion. The company's cardiovascular division, which sells angioplasty products and stents, rose 22% to $596 million. ...