Medtronic Just Retired 55 Million Shares Without Spending Cash. Is the Stock a Buy?
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Summary
Key Points Medtronic (NYSE: MDT) is entering new waters after spinning off its diabetes segment, now called MiniMed (NASDAQ: MMED). The hope for the medical devices company is that the move will unlock greater margins. It's already helped the stock in one way. As part of the deal, Medtronic received …
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