BD dives on Q1 profit slide, lowered guidance

February 8, 2012 by MassDevice staff

Shares of Becton, Dickinson & Co. continued to slide today after closing down 4% yesterday on news that it's lowering its full-year guidance and a 17% profit slide during its fiscal 1st quarter.

Becton, Dickinson & Co.

Shares of Becton, Dickinson & Co. (NYSE:BDX) continued their slide today after closing down yesterday following the release of the medical products giant's fiscal 1st quarter results.

Investors, reacting to a lower forecast for the rest of the year and to a nearly 17% profit slide, sent shares down to $77.51 last night, a 3.8% decline. Shares were trading at $76.89 as of about 12:50 p.m. today, down 0.8%.

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