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Abbott Laboratories

A collection of news and information related to Abbott Laboratories published by this site and its partners.

Top Abbott Laboratories Articles

Displaying items 13-24
  • Trail of stock deals led to DeCinces insider trading accusation

    Trail of stock deals led to DeCinces insider trading accusation
    The stock purchases began in December 2008, less than two months after discussions kicked off about the corporate acquisition of a California medical products manufacturer. By the time the deal was announced on Jan. 12, 2009, former Orioles third baseman...
  • In volatile market, some see bargains, others, pitfalls

    As the Dow took another 400-point tumble Thursday, Baltimore money manager David Stepherson found himself talking one client out of selling everything. "I advised him that it would not be a good idea because our view of things is that this is going to be...
  • Eddie Murray settles charges in insider trading probe

    Eddie Murray settles charges in insider trading probe
    Orioles Hall-of-Famer Eddie Murray has agreed to pay $358,151 to settle charges that he illegally profited from an insider trading scheme involving former teammate Doug DeCinces, the U.S. Securities and Exchange Commission announced Friday. Murray, who...
  • Lawmakers to re-examine tough inversion issue

    WASHINGTON Lawmakers are expected to return from their August recess with proposals to close a loophole that allows companies like Pennsylvania's Mylan Pharmaceuticals to avoid paying Uncle Sam by acquiring foreign competitors and reincorporating in...
  • P&G eyes Duracell, Braun in sweeping brand culling: sources

    NEW YORK (Reuters) - Procter & Gamble Co is working with advisors including Goldman Sachs Group as the world's largest household products maker reviews up to 100 underperforming brands for potential divestiture, people familiar with the matter said....
  • Abbott wins $19.5 million contract to develop brain injury test

    Abbott wins $19.5 million contract to develop brain injury test
    Abbott Laboratories and the Defense Department on Monday said they have agreed to a multiyear collaboration to develop portable blood tests to help evaluate concussions and other head injuries. Lake County-based Abbott will receive $19.5 million over the...
  • Chicago health tech hub accepting applications, names leaders

    Chicago health tech hub accepting applications, names leaders
    Matter, a not-for-profit health tech hub in downtown Chicago slated to open in early 2015, on Tuesday named a chief executive and said it's taking applications for new tenants. “What's been missing here in this (health technology) community is a...
  • AbbVie to buy drugmaker Shire for $55 billion

     AbbVie to buy drugmaker Shire for $55 billion
    AbbVie Inc. signed a nearly $55 billion deal to acquire drugmaker Shire PLC early Friday, a move that will allow it to substantially cut its corporate tax bill by moving its legal address to the United Kingdom. The deal, announced by both companies in a...
  • Walgreen tax move would make U.S. examine system

     Walgreen tax move would make U.S. examine system
    If Walgreen Co. does choose to move its headquarters overseas to the United Kingdom or Switzerland, it should go all-out. Forget the whole friendly neighborhood pharmacy thing, and become America's chemist. If the company headquarters winds up in the...
  • Close loopholes that let U.S. firms avoid taxes by using inversions

    Close loopholes that let U.S. firms avoid taxes by using inversions
    It's both endearing and infuriating to watch American corporate executives wring their hands about how the injustices of the U.S. tax code are forcing them — forcing them! — to reincorporate overseas through the procedure known as inversion....
  • Lew calls for 'economic patriotism,' seeks to limit offshore tax moves

    Lew calls for 'economic patriotism,' seeks to limit offshore tax moves
    Calling for "a new sense of economic patriotism," a top Obama administration official urged Congress to take immediate action to stop U.S. companies from reorganizing as foreign firms to avoid paying taxes. The maneuver, known as tax inversion, serves...
  • Abbott, AbbVie part of red-hot pharmaceutical deal market

     Abbott, AbbVie part of red-hot pharmaceutical deal market
    AbbVie Inc. appears to be on the verge of a $53.7 billion takeover that would change its corporate address to the United Kingdom. Abbott Laboratories agreed Monday to sell part of its generic drug business for $5.3 billion, structuring the sale in a way...