Tag: Abbott Laboratories
GM lays off more than 1,000 salaried software and services employees
A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. - General Motors will create 4,000 new jobs and retaining 1,00 [...]
AbbVie taps Robert Michael as CEO, succeeding Richard Gonzalez
Test tubes are seen in front of a displayed AbbVie logo in this illustration taken on May 21, 2021.Dado Ruvic | ReutersAbbVie on Tuesday said longtime [...]
Investor Michael Farr is back with his top 10 stocks he’s buying for 2024, and the tilt is defensive
Traders work on the floor of the New York Stock Exchange (NYSE) on the first day back since the Christmas holiday on December 26, 2023 in New York Cit [...]
Health sector themes to watch in 2024
An employee works on the production line of pharmaceutical company Zentiva in Prague, Czech Republic, May 6, 2021.David W. Cerny | ReutersThe health-c [...]
Pfizer weight loss pill joins list of obesity drug flops
Sopa Images | Lightrocket | Getty ImagesPfizer's twice-daily version of its experimental weight loss pill has now joined a long list of other scrapped [...]
GOP law cut Big Pharma tax rates by 40%, Senate report says
(L-R) Richard A. Gonzalez, chairman and CEO of AbbVie Inc., Pascal Soriot, executive director and CEO of AstraZeneca, Giovanni Caforio, chairman of th [...]
Here’s Jim Cramer’s advice to navigate this uncertain earnings season
Earnings season is entering full swing on Wall Street, and CNBC's Jim Cramer said Monday that investors would be wise to take a wait-and-see approach [...]
Abbott Nutrition restarts baby formula production in reopened Michigan plant
Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022.Samuel Corum | AFP | Getty ImagesAbbot [...]
FDA commissioner Robert Califf expects shortage to end within two months
Shelves normally meant for baby formula sit nearly empty at a store in downtown Washington, DC, on May 22, 2022.Samuel Corum | AFP | Getty ImagesFood [...]
Another baby formula shipment from Europe to arrive in the U.S. on Wednesday
Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, May 10, 2022.Kaylee Greenlee Beal | ReutersFedEx Express has se [...]
Abbott CEO apologizes for baby formula shortage in Washington Post
The Abbott manufacturing facility in Sturgis, Michigan, on May 13, 2022.Jeff Kowalsky | AFP | Getty ImagesAbbott Laboratories CEO Robert Ford apologiz [...]
Senate panel investigates Abbott tax practices after contamination shut down baby formula plant
The Senate Finance Committee on Wednesday opened an investigation into Abbott Labs, the company at the center of a baby formula shortage in the U.S.Co [...]
Abbott reaches agreement with FDA to reopen baby formula plant to ease nationwide shortage
A woman shops for baby formula at Target in Annapolis, Maryland, on May 16, 2022, as a nationwide shortage of baby formula continues due to supply cha [...]
U.S. companies on Yale list suspend Russia business
Jeffrey Sonnenfeld, Yale School of ManagementScott Mlyn | CNBCThe Yale professor who put together a list of major western companies still operating in [...]
What the Club's watching Friday afternoon — including an example of Disney's pricing prowess
Also on the list, what we think is an overdone drop in Abbott and a nice follow through rally for Cisco.
www.cnbc.com [...]