Author: Vitaliy Dadalyan

Medtronic to Acquire Avenu Medical

Avenu's Percutaneous Fistula Creation Technology Will Strengthen the Medtronic Peripheral Vascular Access Portfolio and Reinforce Medtronic's Commitment to Improving Outcomes for Patients with End-Stage Renal DiseaseDUBLIN, Sept. 30, 2020 /CNW/ -- Medtronic plc (NYSE:MDT), the global leader in medical technology, today announced the planned acquisition of Avenu Medical, a privately held medical device company based in San Juan Capistrano, Calif....

Cramer Weighs In On Disney, Teladoc And More

On CNBC's "Mad Money Lightning Round," Jim Cramer said Switchback Energy Acquisition Ord Shs Class A (NYSE: SBE) is another blank-check company. Until we find out more about it, we don't know if we have another Nikola Corporation (NASDAQ: NKLA), added Cramer.Cramer's charitable trust owns Walt Disney Co (NYSE: DIS) and he won't sell on the news about layoffs. He is willing to accept some short-term loss.Cramer really likes Teladoc Health Inc (NYSE: TDOC) and he is trying to figure out whether to buy it for his charitable trust.Instead of Dynatrace Inc (NYSE: DT), Cramer would buy Splunk Inc (NASDAQ: SPLK).WP Carey Inc (NYSE: WPC) is good and it has a decent yield, said Cramer.Enphase Energy Inc (NASDAQ: ENPH) is one of the few energy companies that Cramer likes.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * 'Fast Money Halftime...

U.S. pipeline companies hit by weak demand offer enticements to keep shippers

U.S. pipeline companies are sweetening terms in a competition to keep producers using their lines as the industry downturn caused by the coronavirus pandemic means there is less oil to transport. The pandemic has ended a boom in U.S. shale production which had prompted a rapid expansion in the capacity of the largest energy pipeline network in the world to carry all the oil from fields to processing centers and onto refineries and export terminals. Now, pipeline companies may see their revenues plunge as much as 50% on some lines this year, analysts said, because oil companies have cut production to match the fall in demand caused by the impact of coronavirus on travel....

U.S. Stock Futures Slip After Presidential Debate: Markets Wrap

(Bloomberg) -- U.S. equity-index futures dropped alongside most stock markets after an acrimonious American presidential debate highlighted the risk of a contested vote in November. The dollar fluctuated.S&P 500 and Nasdaq 100 contracts slipped in the hours after the chaotic sparring between Donald Trump and Democratic hopeful Joe Biden during which the president suggested vote-by-mail could be rife with fraud. In Europe, declines in industrial-goods and tech shares outweighed gains in utilities.“What we’ve seen from the debate is the reinforcement that if Biden wins, Trump is not going to accept that,” said Chris Weston, head of research at Pepperstone Group Ltd. in Melbourne. “People positioned for an ugly contest afterwards have been validated.”Investment firms were also recalibrating positions on the final day of this quarter, with traders saying flows were positive for the dollar. Various tech shares fell in premarket trading alongside Walt Disney Co., which said 28,000 workers will be...