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From Bloomberg News

Beckman Coulter Inc., a Fullerton-based maker of medical-laboratory equipment and diagnostic tests, said fourth-quarter profit plunged 70% because of rising costs and a change in its accounting for leasing revenue. Net income fell to $17.8 million, or 28 cents a share, from $59.8 million, or 91 cents, a year earlier. Sales fell 5% to $655.5 million.

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