Bob Parkinson

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Baxter 3Q profit up 12%, raises outlook

Baxter International Inc. reported third-quarter profits up 12 percent on improved sales of medication delivery devices.

The Deerfield-based medical product giant reported profits of $595 million, or $1.01 per share, compared to $530 million, or 87 cents a share in the third quarter of 2009. Revenues rose 3 percent to $3.2 billion. Get the full story »