Stryker Q4 earnings rise
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Stryker Corp , which this week said it was recalling some of its artificial hip products, on Wednesday reported higher fourth-quarter profit on increased sales of its orthopedic implants and surgical equipment.
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The company, one of the worldâs largest construction equipment makers, said Friday that its fourth-quarter earnings rose 11 percent on strong international growth.
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Seagate Technology STX.N on Tuesday  raised its quarterly revenue and profit forecasts for the  December quarter on strong seasonal demand for newer products,  surpassing analysts' forecasts and sending its shares up more  than 12 percent.
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Rockwell Collins Inc., the maker of aircraft electronics, said its income rose 18 percent in the latest quarter, helped by strong sales to the military.
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Stryker Corp , which said this week it was recalling some artificial hip products, reported on Wednesday a 21 percent jump in fourth-quarter profit on double-digit growth in sales of orthopedic implants and medical and surgical equipment.
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The giant technology company gave Wall Street a pleasant surprise by announcing quarterly earnings that were far higher â up 24 percent â than most analysts had forecast.
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Stocks rose on Thursday, with technology shares gaining after reassuring results from Oracle Corp  and a higher earnings outlook from Qualcomm Inc .
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The desktop publishing software maker said its fiscal fourth-quarter profit and sales rose to beat Wall Streetâs expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
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U.S. phone company Qwest Communications International Inc  on Tuesday reported an 89 percent rise in fourth-quarter profit, boosted by a benefit related to income tax.
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The company said quarterly profit rose to $494 million despite a slowing U.S. economy, but it lowered its full-year earnings outlook.
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The company said its fourth-quarter earnings rose 43 percent, beating estimates, on increased merger advisory fees.
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Robust demand for military equipment and technology led four US defense companies to post higher quarterly profit on Wednesday, with jet maker Boeing Co.
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Nasdaq Stock Market Inc.  said  on Tuesday that quarterly earnings more than tripled, helped by  strong trade revenue.
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Medtronic Inc. MDT.N on Wednesday  said quarterly earnings rose 13 percent on demand for spinal  implants and devices that manage irregular heartbeats, the  company's two biggest product lines.
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Goldman Sachs Group Inc. on Thursday said fourth-quarter profit rose as its fixed-income, currency and commodities business soared while a rebounding stock market boosted investment banking.
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The company's fourth-quarter earnings beat analyst expectations.
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Qualcomm Inc.&#39;s earnings rose 35 percent on continued sales growth in its fiscal fourth quarter, but the cell-phone technology company projected earnings for the new fiscal year below Wall Street&#39;s views.