Thursday, July 19, 2007

Baxter quarterly net rises as sales climb 7 percent

(Reuters) - The Deerfield, Illinois-based company, which also makes hospital products and kidney dialysis equipment, also raised its outlook for the year, forecasting earnings per share of $2.65 to $2.70, with sales up 4 to 5 percent.



Baxter said second-quarter net earnings were $431 million, or 65 cents per diluted share, compared with $309 million, or 47 cents per share, in the year-ago quarter.


Read more at Reuters.com Market News

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