Tax law hits Medtronic, but sales climb

Medtronic reported a third-quarter loss of nearly $1.4 billion on Tuesday as the med-tech giant was bruised by the new U.S. tax law. But overall performance for the quarter was in line with or ahead of Wall Street estimates. Reuters has an early report on the numbers from Medtronic (NYSE: MDT), which is legally based in Dublin but keeps its operational headquarters in Fridley. The company's net loss for the quarter, compared to an $81 million profit for the same period a year ago, was largely due…
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