Abbott Laboratories

Another baby formula shipment from Europe to arrive in the US on Wednesday

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Empty shelves show a shortage of baby formula at a Target store in San Antonio, Texas, May 10, 2022. Kaylee Greenlee Beal | Reuters FedEx Express has secured a government contract to bring another shipment of infant formula to the US on Wednesday, NBC News reported. The Express plane will fly from Ramstein Air Base … Read more

AbbVie Shares Drop Amid Missed Sales Expectations for Key Drugs

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Text size AbbVie stock is up 15.4% so far this year. Courtesy of AbbVie In a quarterly earnings report out Friday, the drugmaker AbbVie cut its full-year earnings guidance, and a number of its key drugs missed Wall Street estimates. The company’s first-quarter earnings were roughly in line with Wall Street expectations. AbbVie (ticker: ABBV) … Read more