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Actionable news in BAX: BAXTER INTERNATIONAL Inc,

Baxter (BAX) Stock Rises on Q1 Earnings Beat, Higher Forecast

NEW YORK (TheStreet) -- Baxter (BAX - Get Report) stock is up 1.05% to $44.09 in mid-afternoon trading on Tuesday after reporting better-than-expected 2016 first quarter earnings and revenue, and lifting its full-year earnings outlook.

Before the market open, the healthcare company reported adjusted earnings of 36 cents per share, beating analysts' estimates for 29 cents per share.

Revenue fell 1% to $2.375 billion in the most recent quarter, but was higher than analysts' forecasts for $2.35 billion.

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