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Gambro AB (GAMBB.ST) Purchase Puts a Dent in Baxter International, Inc. (BAX)'s Third-Quarter Earnings


10/17/2013 8:01:45 AM

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Medical products maker Baxter International Inc reported a 7 percent fall in third-quarter earnings, hurt by charges related to its $4 billion acquisition of Swedish dialysis products company Gambro AB. Net earnings fell to $544 million, or 99 cents per share, from $583 million, or $1.06 per share, a year earlier. Excluding special items, the maker of dialysis equipment, drug infusion pumps and blood therapy products reported earnings of $1.19 per share.

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