On Friday, Shares of Medtronic plc (NYSE:MDT), gained 2.16% to $76.21.
Medtronic, declared the first in-office implant of its miniaturized cardiac monitor as part of the Medtronic Reveal LINQ In-Office 2 (RIO 2) Study. The world`s smallest cardiac monitor was successfully implanted in an office setting at Scripps Clinic in La Jolla, California, by cardiologist John Rogers, M.D. The RIO 2 study will determine if the Reveal LINQ(TM) Insertable Cardiac Monitor (ICM) procedure, performed in an in-office setting, is as safe as procedures performed in a traditional hospital setting, such as an operating room, cardiac catheterization laboratory or electrophysiology laboratory.
RIO 2 is enrolling about 540 patients in 30 centers across the U.S. in a two-arm, prospective, un-blinded study in which patients will be randomized 1:1 to either receive the Reveal LINQ ICM in an office setting or in a traditional hospital setting. Patients will be followed for about three months and evaluated for procedure and device-related complications, and also for procedure time and resources required to perform the procedure.
The RIO 2 study also is enrolling about 150 patients in 15 centers across Europe, Australia and Canada. This observational study will examine clinical evidence to support moving the LINQ insertion procedure from the traditional hospital setting to new locations within the hospital, or “out-of-lab.”
Medtronic plc, a healthcare solutions company, provides medical technologies, services, and solutions worldwide. It operates through three segments: Cardiac and Vascular Group, Restorative Therapies Group, and Diabetes Group.
Shares of Honeywell International Inc. (NYSE:HON), inclined 1.10% to $102.12, during its last trading session.
Honeywell International, declared that Dave Cote, Chairman and CEO, will be presenting at the Electrical Products Group Conference in Longboat Key, FL, on Monday, May 18, 2015 from 7:30 a.m. – 8:10 a.m. EDT.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.
At the end of Friday’s trade, Shares of Turquoise Hill Resources Ltd. (NYSE:TRQ), showed no change to 4.30% to $4.30.
Turquoise Hill Resources, will declare its first quarter financial results on Monday, May 11, 2015 after markets close in North America.
The Company will host a conference call and webcast to talk about first quarter results on Tuesday, May 12, 2015 at 11:00 am EDT/8:00 am PDT.
Turquoise Hill Resources Ltd., together with its auxiliaries, operates as a mining company. Its principal material mineral resource property is the Oyu Tolgoi copper-gold mine located in the southern Mongolia.
Finally, LyondellBasell Industries N.V. (NYSE:LYB), ended its last trade with 2% gain, and closed at $103.83.
LyondellBasell Industries, declared that its Supervisory Board has authorized the company’s Administration Board to declare an interim dividend of $0.78 per share, representing an 11% enhance from the company’s first quarter 2015 dividend. The interim dividend will be paid June 15, 2015 to shareholders of record June 1, 2015, with an ex-dividend date of May 28, 2015.
The company also declared that at its Annual General Meeting on May 6, 2015, shareholders approved a new share repurchase program authorizing the company to repurchase up to 10% of the company’s shares over the next 18 months. The repurchases will be executed from time to time through open market or privately negotiated transactions.
LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers. The company operates in five segments: Olefins and Polyolefins Americas; Olefins and Polyolefins Europe, Asia, International; Intermediates and Derivatives; Refining; and Technology.
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