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CareFusion Q2 Profit Declines; Revises Up FY10 View - Update
Tuesday February 09, 2010 18:21:00 EST
(RTTNews) - Medical device maker CareFusion Corp. (CFN), reported a lower second-quarter profit on Tuesday, as a 5% increase in revenue was offset by an increase in expenses. The company also revised up its earnings and revenue guidance for fiscal 2010, with earnings expectations below the current consensus estimates of Street analysts.
The San Diego, California-based company's second-quarter net income decreased to $70 million or $0.32 per share from $188 million or $0.85 per share a year ago.
On a non-GAAP basis, net income for the quarter decreased to $88 million or $0.39 per share from $110 million or $0.50 per share in the prior-year quarter.
On average, ten analysts polled by Thomson Reuters estimated earnings of $0.3 (continued...)
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Economic News
Tuesday February 09, 2010
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Global Market News
Tuesday February 09, 2010
- South Korean Stocks May Extend Gains
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15:20:00 EST - European Markets Rise, Led By Banks, Miners - European Commentary
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Industry News
Tuesday February 09, 2010
- South Korean Stocks May Extend Gains
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| DOW Utilities | 369.49 | 3.86 (1.05571%) | |
General News
Tuesday February 09, 2010
- Reports: Germany Yet To Decide On Possible Aid Package To Greece
16:43:00 EST - Cell Phone Store Worker Shot During Robbery
16:38:00 EST - Pro-Government Protestors Attack Italian Embassy In Tehran
15:48:00 EST - University Officials Ask State For Promised Funding
15:06:00 EST - Iran Goes Ahead With Processing Nuclear Fuel
12:37:00 EST - Three NATO Troops Killed In Afghanistan
12:32:00 EST