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Actionable news in BSX: BOSTON SCIENTIFIC Corp,

Boston Scientific (BSX) Stock Jumps on Q1 Results, Raised Outlook

NEW YORK (TheStreet) -- Shares of Boston Scientific Corp. (BSX - Get Report) are spiking by 8.89% to $21.42 on Wednesday morning, after the Marlborough, MA-based company posted better-than-expected results for the 2016 first quarter.

Before today's opening bell, the medical device maker reported adjusted earnings of 28 cents per share, exceeding analysts' expectations of 24 cents per share.

Revenue climbed by 11% to $1.96 billion year-over-year and was above Wall Street's estimates of $1.91 billion.

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Results were helped by increased sales in its...


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