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ABT - Abbott Laboratories
$109.94
-1.13(-1.02%)8:59:58 PM 1/27/2023
Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Abbott Park, Illinois, United States. The company was founded by Chicago physician Wallace Calvin Abbott in 1888 to formulate known drugs; today, it sells medical devices, diagnostics, branded generic medicines and nutritional products. It split off its research-based pharmaceuticals business into AbbVie in 2013. Among its well-known products across the medical devices, diagnostics, and nutrition product divisions are Pedialyte, Similac, Ensure, Glucerna, ZonePerfect, FreeStyle Libre, i-STAT and MitraClip.
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    01/26/2023ABT
    Abbott Laboratories (NYSE:ABT) Q4 2022 Earnings Call Transcript

    Abbott Laboratories (NYSE:ABT) Q4 2022 Earnings Call Transcript January 25, 2023 Operator: Good morning and thank you for standing by. Welcome to Abbott’s Fourth Quarter 2022 Earnings Conference Call. This call is being recorded by Abbott. With the exception of any participants’ questions asked during the question-and-answer session, the entire call, including the question-and-answer session, […]

    01/26/2023ABT
    FDA Approves Abbott's Spinal Cord Stimulation for People Living with Painful Diabetic Peripheral Neuropathy

    Abbott (NYSE: ABT) announced today that the U.S. Food and Drug Administration (FDA) has approved its Proclaim™ XR spinal cord stimulation (SCS) system to treat painful diabetic peripheral neuropathy (DPN), a debilitating complication of diabetes. The Proclaim XR SCS system can provide relief to DPN patients in need of alternatives to traditional treatment approaches, such as oral medication. People who receive therapy from the Proclaim XR SCS system will also be able to use Abbott's NeuroSphere™

    01/26/2023ABT
    Abbott (ABT) Reports Q4 Earnings: What Key Metrics Have to Say

    While the top- and bottom-line numbers for Abbott (ABT) give a sense of how the business performed in the quarter ended December 2022, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

    01/26/2023ABT
    Abbott's Sales and Earnings Are Sinking: Should Investors Worry?

    Abbott (NYSE: ABT) reported its full-year and fourth-quarter results for 2022 on Wednesday. Abbott's bad news definitely jumped out. While Abbott's sales fell 12% on a reported basis, the year-over-year decline was only 6.1% excluding the impact of foreign exchange.

    01/25/2023ABT
    Why Abbott Laboratories Stock Got Whacked on Wednesday

    Double beats for its latest quarter couldn't keep the bears away from the company's shares on Hump Day.

    01/25/2023ABT
    Abbott Laboratories (ABT) Q4 2022 Earnings Call Transcript

    With the exception of any participant's questions asked during the question-and-answer session, the entire call, including the question-and-answer session, is material copyrighted by Abbott. It can not be recorded or rebroadcast without Abbott's express written permission. With me today are Robert Ford, chairman and chief executive officer, and Bob Funck, executive vice president, finance, and chief financial officer.

    01/25/2023ABT
    Abbott Laboratories Skids As Covid Tests Weigh On Organic Growth

    Abbott topped Wall Street's fourth-quarter expectations Wednesday, helped by already declining Covid test sales, and ABT stock drooped.

    01/25/2023ABT
    US STOCKS-S&P 500 closes slightly red as weak corporate guidance fuels recession fears

    The S&P 500 ended lower on Wednesday as a string of corporate earnings ran the gamut from downbeat to dismal, reviving worries over the economic impact of the U.S. Federal Reserve's restrictive policy. "We’ve had up and down days, that indicates an ongoing tug-of-war," said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana.

    01/25/2023ABT
    US STOCKS-Wall Street dips as weak corporate guidance fuels recession fears

    All three major U.S. stock indexes were red, but off session lows. The tech-laden Nasdaq was down the most after Microsoft Corp, the first major technology firm to post quarterly results, offered dour guidance and raised red flags with respect to its megacap peers which have yet to report. Fourth-quarter earnings season has shifted into overdrive, with 95 of the companies in the S&P 500 having reported.

    01/25/2023ABT
    Abbott's (ABT) Q4 Earnings Beat Estimates, Margins Down

    The downside can be attributed to a manufacturing disruption during 2022 of certain infant formula products at Abbott's (ABT) Sturgis, MI facility.