The Traderszone Network

Published in TZ Latest News 22 April, 2015 by The TZ Newswire Staff

St. Jude, Abbott Labs Beat Q1 Expectations

Two medical-product giants broke out of bases Wednesday after beating first-quarter expectations. St. Jude Medical (STJ) jumped to a new high after it reported earnings of 91 cents a share, up 6% from the year-earlier quarter and in line with analysts’ consensus. Revenue shrank 1% to $1.345 billion, but that beat consensus by more than $25 million.

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