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Miles D. White

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  • Abbott ends 2014 'with good momentum'

    Abbott ends 2014 'with good momentum'
    Abbott Laboratories, a North Chicago-based pharmaceutical and health care products company, reported full year 2014 earnings on Thursday, as well as fourth-quarter results. Abbott performed well overall, with the year marked by sales and acquisitions. Here's how the year played out, and a bit on what's to come:
  • Among Chicago's public companies, it's still a man's world

     Among Chicago's public companies, it's still a man's world
    This is what stagnation looks like. As of 2013, nearly 85 percent of the executive officers at the 50 largest publicly traded companies in Chicago were men. And 82 percent of the directors of those companies were men. Continuing a four-year trend,...

    Abbott acquires heart rhythm technology company

    Abbott acquires heart rhythm technology company
    A week ago, Abbott Laboratories CEO Miles White said he wanted to improve the company’s medical devices arm after weak third-quarter earnings. Today, the company announced its first move. Abbott announced Wednesday it will expand its medical...

    Abbott earnings tumble as costs offset better sales

    Abbott earnings tumble as costs offset better sales
    Abbott Laboratories on Wednesday said third-quarter earnings tumbled 44 percent on a tax charge that offset an uptick in sales. The north suburban-based maker of infant formula, medical devices and drugs, said it earned $538 million in the most recent...

    Close loopholes that let U.S. firms avoid taxes by using inversions

    Close loopholes that let U.S. firms avoid taxes by using inversions
    It's both endearing and infuriating to watch American corporate executives wring their hands about how the injustices of the U.S. tax code are forcing them — forcing them! — to reincorporate overseas through the procedure known as inversion....