Abbott Laboratories (ABT)
19 Oct 2017
* Abbott CFO says Alere, is expected to contribute around $475 million to reported sales, and forecast a neutral impact on adjusted earnings per share this year - Conf Call
Abbott Laboratories' quarterly results beat estimates and the company raised the top end of its full-year earnings forecast range on Wednesday, as a string of recent deals and medical device approvals help spur growth in its largest unit.
* Shares up 2.8 pct to record high (Adds conference call details, updates shares)
* Sees FY 2017 gaap earnings per share $0.97 to $0.99 from continuing operations
Oct 18 Diversified healthcare company Abbott Laboratories on Wednesday reported a quarterly profit compared with a loss in the year-ago quarter, helped by strong sales in its medical devices and generics businesses.
A federal appeals court on Thursday upheld the dismissal of a class action lawsuit accusing AbbVie Inc and Abbott Laboratories of violating federal racketeering laws by promoting the drug Depakote for off-label uses.
BRIEF-Abbott completes cash tender offer for Series B Convertible Perpetual Preferred Stock of Alere Inc
* Abbott completes cash tender offer for Series B Convertible Perpetual Preferred Stock of Alere Inc. Source text for Eikon: Further company coverage:
* Abbott announces extension of cash tender offer for all outstanding shares of Series B convertible perpetual preferred stock of Alere Inc.
* Abbott acquisition of Alere set to close on Tuesday, October 3, 2017
WASHINGTON Abbott Laboratories has won U.S. antitrust approval to buy Alere Inc on condition that it sell two point-of-care medical testing businesses, the Federal Trade Commission said on Thursday.
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