Profit was a little better than expectations as was revenue. The declared dividend was 14 pct higher than in the corresponding period in 2012. One thing which was clear from the result was that the voluntary recall of one of its main product lines, the CI500 implant range has hurt the company's bottom line.
COH shares were down 6.2 pct prior to today in the 2010 calendar year while COH shares rose 7.59 pct or $4.41 to $62.52 today. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
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