Baxter posts lower earnings on acqusition-related expenses

April 18 Thu Apr 18, 2013 7:15am EDT

April 18 (Reuters) - Baxter International Inc on Thursday said its quarterly net earnings fell slightly, even as sales rose, as acquisition-related costs ate into profits.

Net earnings were $552 million, or $1.00 per share, in the first quarter, compared with $588 million, or $1.04 per share, in the year-earlier period.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.