Becton Dickinson (BDX +2.9%) trades up after a solid FQ2 earnings beat this morning. Net...
Becton Dickinson (BDX +2.9%) trades up after a solid FQ2 earnings beat this morning. Net earnings fell 5.3% Y/Y however as a new medical-device tax overshadowed better revenue. Medical unit revenue rose 4% to $1.06B. Revenue at the diagnostics unit increased 4.6%, and bio-sciences revenue was up 0.6%. The medical-device maker also raised its FY13 earnings by $0.03 to a range of $5.72 to $5.75 a share and backed its revenue growth projection of 3.5% - 4%.
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