Medtronic highlights development strategy; raises revenue growth outlook (NYSE:MDT)

Medtronic (NYSE:MDT) will outline its strategy for driving accelerated revenue growth and sustainable double-digit total shareholder returns at its virtual 2020 Investor Day. The strategy includes:

The combination of a strong base business, recent product launches and a robust pipeline is expected to accelerate near- and long-term growth.

Medtronic is bringing inventive and disruptive technology with products such as soft tissue surgical robot, its Micra line of leadless pacemakers, extravascular ICD, pulse field ablation, PillCam Genius, transcatheter mitral replacement and repair, and renal denervation (RDN). RDN has been granted Green Channel priority review, which positions it for potential approval in China within a few months of an expected U.S. approval in calendar 2022.

The company has a differentiated R&D strategy that maximizes new technology, artificial intelligence, and analytics to deliver innovations to address unmet clinical needs.

Medtronic will provide an update on its long-range financial targets. The financial objectives include:

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Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, …

NEW YORK, Oct. 12, 2020 (GLOBE NEWSWIRE) — Before the coronavirus pandemic hit, revenue growth of Latino-owned companies was up 10% over last year, but like most other businesses in America, their fortunes have declined dramatically since March, according to the annual Biz2Credit Latino-Owned Business Study for 2020.

Using February as a baseline, the analysts found that the sales of Latino-owned business dropped 42% in March and April and are down 21% during the 12-month period from Sept. 16, 2019 – Sept. 15, 2020. Even more troubling was the discovery that costs for Latino companies that applied for Paycheck Protection Program (PPP) funding have risen higher than their revenues in the ensuing months.

“Many Latino-owned firms are spending more money than they are generating. Their costs, which now include spending on masks and sanitizing measures, now exceed their revenues,” said Biz2Credit CEO Rohit Arora, one of the nation’s leading experts

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North America Telecom Billing & Revenue Management Market to 2026 with Recent Industry Wide Strategic Developments & Top Winning Strategies

DUBLIN, Oct. 9, 2020 /PRNewswire/ — The “North America Telecom Billing & Revenue Management Market by Component, by Deployment Type, by Operator Type, by Country, Industry Analysis and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering.

The North America Telecom Billing & Revenue Management Market is expected to witness market growth of 11.5% CAGR during the forecast period (2020-2026).

The communications, media, and cloud markets are also experiencing noteworthy transformations, and therefore service providers need to plan new strategies as they are witnessing new challenges. Service providers are facing substantial challenges in the business such as rise in competition at both national and an international level, loss of customer loyalty due to decrease in margins for traditional service assistances, and commoditization of services.

In this new business environment, service providers are need to bring changes in their business in order to meet the new market demands.

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World Consumer Durables & Apparel Analysis 2020 – Coverage of Top 50 Companies Ranked by Sales and Revenue

DUBLIN, Sept. 11, 2020 /PRNewswire/ — The “Top 50 Reports for Consumer Durables & Apparel” report has been added to ResearchAndMarkets.com’s offering.

The Global Top 50 Reports for the Consumer Durables & Apparel Industry service contains a comprehensive report for each of the top 50 companies in the industry (ranked by sales or revenue).

These fundamental data reports are derived from the Worldscope Database which covers over 98% of the world’s market capitalization and represents the leading public companies in over 100 countries. The proprietary Quality Rating – a measure of corporate risk – is assigned to each company.

Product Features:

  • Timely and accurate information on the leading companies in the global industry
  • Unified Format across the world (consistent format for all companies and countries)
  • Deep research content (up to 10-years of historical analysis)
  • Broad base of research (up to 40 unique sub-reports on each company)
  • Proprietary Quality Rating
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