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Abbott Laboratories

A collection of news and information related to Abbott Laboratories published by this site and its partners.

Top Abbott Laboratories Articles see all

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  • Abbott to sell portion of generic drug business for $5.3 billion

    Abbott Laboratories has agreed to sell its branded generic drug business in developed countries to Mylan Inc. in a deal valued at $5.3 billion.
  • Abbott, AbbVie part of red-hot pharmaceutical deal market

    AbbVie Inc. appears to be on the verge of a $53.7 billion takeover that would change its corporate address to the United Kingdom. Abbott Laboratories agreed Monday to sell part of its generic drug business for $5.3 billion, structuring the sale in a way...

    The day ahead in business

    The day ahead in business
    Reports: June inducsrial proaction and capacity utilization, June PPI, NAHB housing market index for July, weekly mortgage applications Local earnings: Abbott Laboratories, Northern Trust Corp., RLI Corp. Other earnings: AMR Corp., Bank of America, eBay...

    Abbott beats 2Q profit forecast

    Abbott Laboratories Inc reported better-than-expected quarterly earnings on Wednesday as demand for its recently-recalled infant formulas began to recover and profit margins improved for other business segments. Sales of nutritional products, the...

    Lew calls for 'economic patriotism,' seeks to limit offshore tax moves

    Lew calls for 'economic patriotism,' seeks to limit offshore tax moves
    Calling for "a new sense of economic patriotism," a top Obama administration official urged Congress to take immediate action to stop U.S. companies from reorganizing as foreign firms to avoid paying taxes. The maneuver, known as tax inversion, serves...