Zimmer Reports Strong Third Quarter

Zimmer reported Thursday, third quarter earnings of $166 million. Thats 96 cents per diluted common share, creating a 7 percent increase from the $154 million, or 90 cents a share from the third quarter of 2013. Zimmer reported $1.11 billion in net sales for the third quarter, which is a 3 percent increase. In April Zimmer announced its agreement to acquire Biomet for $13.35 billion. The two companies are will waiting for U.S., European and Japanese regulators to bless the union.