1. A new (deputy) sheriff in town: St. Jude Medical struts its stuff

    A new (deputy) sheriff in town: St. Jude Medical struts its stuff
    Earnings reports are good ways to measure a company’s financial performance. What they’re less useful for is gauging a company’s confidence. You know… Mojo. Swagger. Groove. And here’s what I see: Medtronic Inc. (NYSE:MDT) always had it. Boston Scientific Corp. (NYSE:BSX) has lost it. And St. Jude Medical Inc. (NYSE: STJ) is feeling it. Minnesota has traditionally been home to the Big Three of medical devices. That hasn’t changed, but I’d argue St. Jude, based in Little Canada, has supplanted Boston Scientific for that No. 2 position behind Medtronic, based in Fridley ...
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