UPDATE 2-Boston Scientfic reaches pact with DOJ, shares fall

Nov 6th, 2009 - Reuters

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* Reaches agreement with U.S. DOJ over Guidant advisories

* To pay $296 million as part of deal

* Will record Q3 charge of $294 million

* Sees FY09 adjusted shr at 75-79 cents, excluding items(Adds analyst comment, updates stock)

CHICAGO, Nov 6 (Reuters) - Medical device maker BostonScientific Corp (BSX.N) reached an agreement with the U.S.Department of Justice related to product recalls issued by itsGuidant subsidiary, and will record a third-quarter charge of$294 million, the company said in a government filing.

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