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Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:23 EDTABTAbbott shares attractive following spin-off, says Wells Fargo
After Abbott spun off its proprietary pharmaceuticals business, Wells Fargo believes the new Abbott's stock is attractive, partly due to what the firm sees as the company's above-average top- and bottom-line growth outlook and significant margin expansion opportunities. The firm lowered its valuation range for the stock to $33-$34 from $71-$74 to reflect the spin-off, and maintains an Outperform rating on the shares.
News For ABT From The Last 14 Days
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December 12, 2014
11:19 EDTABTAbbott board increases quarterly dividend to 24c from 22c
The board of Abbott increased the company's quarterly common dividend to 24c per share from 22c per share. The cash dividend is payable Feb. 13, 2015, to shareholders of record at the close of business on Jan. 15, 2015.
December 11, 2014
05:24 EDTABTAbbott IRIDICA now available in Europe
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