Thermo Fisher profit tops Street view as Life deal awaits

(Reuters) - Laboratory equipment maker Thermo Fisher Scientific Inc, which this month agreed to acquire Life Technologies Inc, on Wednesday reported a higher-than-expected first-quarter profit, helped by a 10 percent rise in specialty diagnostics sales. Excluding one-time items, Thermo Fisher posted earnings of $1.37 per share. Analysts on average expected $1.29 per share, according to Thomson Reuters I/B/E/S. The world's largest maker of laboratory equipment and scientific instruments reported a net profit from continuing operations of $340. ...

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