NELLCOR PURITAN BENNETT FIRST QUARTER REPORT PUSHES STOCK AHEAD 15.6% IN OCTOBER; ST. JUDE SLIPS 4-1/8 ON HALLOWEEN AS CORDIS RUMOR SPOOKS STREET
This article was originally published in The Gray Sheet
Nellcor Puritan Bennett's report of better-than-expected first quarter fiscal 1996 results revived its stock in October, allowing investors in the respiratory products firm to breathe easier in the wake of a bad month for the issue in September. Shares of NPB gained 15.6% to 57-1/2 in October, reversing a September skid that saw the issue lose 2-1/4 (4.3%).
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