Medtronic will look to international markets to grow sales of its division that makes pacemakers and defibrillators. The medical device maker also told investors Monday that it plans to cut research and development for heart rhythm devices, the PiPress and Bloomberg report. CEO Bill Hawkins blamed market saturation for a slowdown in U.S. sales. The Fridley-based company thinks it can continue increasing revenue up to 11 percent a year if it focuses on selling in countries like China, India, Russia, Brazil and South Korea.
US Bank has nearly doubled its presence in Los Angeles with the purchase of a chain of Southern California branches. The Minneapolis bank said Monday that it’s finalized the acquisition of $2.9 billion in assets, $1.1 billion in loans and $2.7 billion in deposits from Bank of New York Mellon Corp. Coincidently, that bank’s TV commercial caught my attention on CNN earlier this morning for featuring a loop of local rock star Mark Mallman’s song “Knockout on 22nd St.” You can view the Mellon commercials here.
Buffalo Wild Wings wants to remind you that a burrito isn’t the only way to punish your digestive system after a long night out on the town. The Minneapolis-based restaurant chain has launched an ad campaign touting its new 9p.m.-to-bar-close menu. Much like Taco Bell‘s “Fourth Meal,” Buffalo Wild Wings’ “Night Hunger” campaign comes with a flashy, game-based website. After a few tries I was able to defeat a werewolf with my stomach growls, but I was later cut up by a chainsaw maniac before making it to my buffalo wings.
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