More foreign companies were in Beijing’s crosshairs Friday after including regions like Tibet and Taiwan in a list of independent countries on their websites Jan.ET More foreign companies came into Beijing’s crosshairs Friday for including regions such as Tibet and Taiwan in a list of independent countries on their websites, a day after authorities ordered hotel giant Marriott International Inc.
Jan 8 (Reuters) - Medtronic Plc on Monday unveiled a restructuring plan that it expects will help it save $500 million to $700 million annually over the next five years.The company said it expected annual gross run-rate savings of over $3 billion by 2022 from the program.
The case for Intuitive SurgicalIt's hard to beat Intuitive Surgical's business model.Put all of that together, and Intuitive Surgical makes 71% of its money from recurring revenue sources.
Commenting on President Trump's tweet, CNBC's Jim Cramer suggested that the president owed Frazier an apology.At the same time they are charged with upholding the company's principles.
Despite calls from some of its investors,Medtronic won't be spinning off any more business units, Chief Executive Omar Ishrak told CNBC Tuesday.The different business units are better as part of Medtronic and we’re in a position to win in all of them," he said.
Large companies moving some operations abroad may not have the adverse economic effects that President-elect Donald Trump built up during his campaign and following the election, former Medtronic CEO Bill George told CNBC on Tuesday.On the contrary, George said sending jobs to foreign countries could actually expand U.
Medical device maker Medtronic on Tuesday reported a quarterly profit that beat analysts' estimates, driven by strong demand for its heart and vascular devices.Sales in the company's cardiac and vascular business, which sells defibrillators, pace-makers, heart valves and stents, rose 5.