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Earnings roundup: Boston Scientific, Pinnacle

The Associated Press

Among the earnings stories for Thursday, July 25, from AP Business News:

— Shares of Boston Scientific Corp. jumped after the medical device maker reported better-than-expected earnings from sales of its stents and other cardiovascular devices.

— Casino operator Pinnacle Entertainment Inc. said that it swung to a second-quarter loss, as the company took charges related to its pending acquisition of Ameristar Casinos.

— Shares of Silicon Laboratories Inc. fell after the chip maker said that its second-quarter net income fell 38 percent because of acquisition-related costs. The company also reported a revenue outlook for the current quarter that missed Wall Street expectations.

— Irish drugmaker Alkermes PLC's fiscal-first quarter earnings were down about 67 percent compared to last year, when the Irish drugmaker booked $20 million in intellectual property license revenue.