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More on St. Jude Medical (STJ -0.1%) Q2: net profit +1.2% to $244M, helped by reduced costs,...

More on St. Jude Medical (STJ -0.1%) Q2: net profit +1.2% to $244M, helped by reduced costs, although a weakness in the demand for heart-rhythm devices and forex effects weigh on earnings. Cuts FY EPS outlook by $0.04 to $3.40- $3.45 vs. consensus of $3.46. For Q3, forecasts $0.80-$0.82 vs. $0.83.

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