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Diamond Hill Capital Comments on Baxter International

October 24, 2012 | About:

Medical supply manufacturer Baxter International, Inc. (NYSE:BAX) reported solid second quarter results, which included strong volume and pricing in its antibody therapy. In addition, the company raised its dividend 34% and added $2 billion to its share repurchase capacity. Baxter is planning to add more capacity to break blood plasma into its component parts, which suggests the company is optimistic about future demand.

From Diamond Hill Capital's third quarter Select Fund Commentary.

Rating: 3.0/5 (10 votes)


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GuruFocus has detected 10 Warning Signs with Baxter International Inc $BAX.
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