Covidien Plc shares (COV) rose 6% in early trade Friday, after Medtronic Inc. (MDT) unveiled plans to use about $16 billion of external financing instead of cash from its overseas operations to fund part of its $43 billion purchase of Covidien.
By Wallace Witkowski and Sue Chang, MarketWatch
SAN FRANCISCO (MarketWatch) -- Investors in Activision Blizzard Inc. turned a blind eye to a weak holiday forecast in favor of an earnings beat for the third quarter and a full-year forecast that topped estimates.
By Jennifer Booton, MarketWatch Profit margins healthier as H-P cuts jobs
NEW YORK (MarketWatch) -- Hewlett-Packard may have posted weaker quarterly sales across most of its business lines late Tuesday, but analysts are mostly lukewarm -- not negative -- on the PC maker ahead of its planned split.
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