Abbott Laboratories
Strategas sees health care outperforming in 2025
The health care sector is poised to see a rebound and lead the market this year, according to Strategas analysts, in part because some of the biggest players in the market have been beaten down by regulatory concerns over the last two years. “Health care’s weight in the S & P is at its lowest […]
Read More
Stocks making the biggest moves premarket: Netflix, United Airlines, Procter & Gamble, Oracle and more
Check out the companies making headlines before the bell. Netflix — Shares popped more than 15% after the company announced a top- and bottom-line beat on Tuesday night. The streaming service earned $4.27 per share on $10.25 billion in revenue for the fourth quarter. Analysts surveyed by LSEG had expected earnings of $4.20 per share […]
Read More
Stocks making the biggest moves midday: Intel, Amazon, Boeing, Chevron and more
Check out the companies making headlines in midday trading: Cardinal Health — The health-care services provider gained 5.5%, hitting a new 52-week high, after Cardinal exceeded fiscal first-quarter earnings expectations and lifted its adjusted earnings outlook for fiscal 2025. The company posted earnings of $1.88 per share, excluding items, on revenue of $52.28 billion. Analysts […]
Read More
Jim Cramer: Abbott stock is ‘dirt cheap’ after a surprising legal win validates our conviction
Abbott Laboratories shares jumped Friday after the Club holding picked up a surprise victory in a trial over the safety of its formula for premature babies. The news Abbott Labs’ specialized formula is not responsible for a young baby boy developing a severe intestinal illness known as necrotizing enterocolitis, or NEC, a jury in Missouri […]
Read More
Stocks making the biggest moves premarket: Amazon, Apple, Atlassian and more
Check out the companies making headlines before the bell. Amazon — The e-commerce giant popped 7% after posting stronger-than-expected earnings and robust cloud and advertising growth. Revenues for its Amazon Web Services grew 19% on a year-over-year basis. Apple — Shares dropped 1.6% even after the technology giant surpassed top-and-bottom line estimates for the recent […]
Read More
These dividend-paying stocks could be in the ‘early innings’ of a rally
It’s time to step back into health-care stocks, according to Wolfe Research. The sector was one of the worst performing over the past month, pulling back over 4% from September to October, technical analyst Rob Ginsberg wrote in a note on Tuesday. “As evidenced by XLV [Health Care Select Sector SPDR Fund], price is back […]
Read More
Embattled Abbott Labs comes through with a strong quarter, buyback announcement
Medical device maker Abbott Laboratories on Wednesday delivered better-than-expected quarterly results and upped its earnings guidance for the third straight quarter. Shares rose more than 1%, shaking off an initially subdued reaction. Revenue in the three months ended Sept. 30 rose 4.9% to $10.64 billion, topping estimates of $10.55 billion, according to data provider LSEG. […]
Read More
Stock futures are little changed after S&P 500 slips from record highs: Live updates
Stock futures were calm on Tuesday evening as Wall Street looks to see whether equities can be rebound to record highs this week. Futures tied to the S&P 500 were down 0.1%. Nasdaq 100 futures ticked lower by 0.1%, while Dow Jones Industrial Average futures shed just 37 points. The Dow and S&P 500 both […]
Read More