Medical device company Stryker Corp. acknowledges that its performance in recession-savaged Europe is a problem, but that has less to do with the economy than you think.

Stryker (NYSE:SYK) has brushed off economic troubles in the U.S. for several quarters, but it has a European crisis of its own to deal with, company officials reiterated yesterday during the medical device company's annual analyst day in Mahwah, N.J.
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