Stryker Corporation reports net earnings drop of 34% in second quarter

6:10 am
Fri July 19, 2013

Stryker Corporation reports net earnings drop of 34% in second quarter

Lead in text: 
Company's earning per share failed to meet Wall Street projections
  • Source: Mlive
  • | Via: Kalamazoo Gazette
KALAMAZOO, MI - Stryker Corp. is reporting a 34 percent drop in net earnings in the second quarter as the company continues to suffer from product recalls and volatile foreign exchange rates. Net earnings fell 34.5 percent to $213 million compared to $325 million last year.
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