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Covidien stock rises on earnings beat

Mon, 11/12/2012 - 12:00am
Mass High Tech: The Journal of New England Technology

Covidien plc shares were up 5 percent Friday afternoon, after the company’s fiscal fourth quarter earnings beat analysts expectations The company early Friday reported earnings minus items of $1.02 a share, down 6 percent from the year-ago quarter but 2 cents more than Wall Street’s consensus.

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