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Medtronic's quarterly revenue rises 4 pct

Nov 22 Medtronic Plc, the world's largest standalone medical device maker, reported a 4 percent rise in quarterly revenue, helped by higher demand for its minimally invasive devices and heart products.

The company's net income rose to $1.11 billion, or 80 cents per share, in the second quarter ended Oct. 28 from $520 million, or 36 cents per share, a year earlier. (bit.ly/2gFRNT8)

Net sales rose to $7.35 billion from $7.06 billion. (Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by Anil D'Silva)

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