Covidien Reports Second-Quarter Results

DUBLIN--(BUSINESS WIRE)--Covidien plc (NYSE: COV) today reported results for the second quarter of fiscal 2011 (January - March 2011). Net sales of $2.80 billion increased 10% from the $2.55 billion reported in the second quarter a year ago. Foreign exchange rate movement added approximately two percentage points to the quarterly sales growth rate.

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