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JJSeabrook

07/29/10 1:33 PM

#6808 RE: plinter1 #6786

Covidien PLC's (COV, $36.82, -$1.70, -4.40%) fiscal third-quarter earnings climbed 30%, beating analysts' estimates, as stronger medical-device sales boosted the bottom line and margin rose. But it lowered its drug-sales outlook for the year, not something it typically does, and said it believes analysts' revenue forecasts are too high.