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Stock Market & Financial Investment News

News Breaks
May 19, 2014
08:28 EDTABTAbbott acquisition positive, says Wells Fargo
After Abbott announced its plan to acquire Chile-based branded generic pharmaceutical company CFR, Wells Fargo thinks that CFR is a good fit for Abbott's EPD growth platform from a strategic perspective. The firm reports that the deal expands EPD's footprint in Latin America and is expected to add 7c to the company's EPS in 2015. The firm keeps an Outperform rating on Abbott.
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August 18, 2014
09:00 EDTABTAbbott and Defense Department to develop portable blood tests
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