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Abbott beats quarterly profit estimates

Abbott Laboratories has today maintained its annual profit forecast and announced $500m in manufacturing and research investments in the US in the face of tariff-induced uncertainty.
Business • 16 Apr

Abbott beats quarterly profit estimates

Abbott Laboratories has today reported second-quarter profit above expectations, due to a recovery in surgical procedure volumes and demand for its diabetes care devices.
Business • 20 Jul 23

Abbott to create 1,000 jobs in Kilkenny and Donegal

US healthcare company Abbott Laboratories has announced plans to create 1,000 jobs as part of a €440m investment in Ireland.
Business • 12 Aug 22

Danone ramps up US baby formula shipments

Aptamil maker Danone has stepped up shipments of infant formula from Europe to address a shortage in the US, according to US customs data and an analysis of ocean cargo data by shipping consultancy Ocean Audit for Reuters.
Business • 20 May 22

Baby formula makers ramp up US supplies

Nestle is flying baby formula supplies to the US from the Netherlands and Switzerland to alleviate the shortage in US supermarkets, the company said today.
Business • 17 May 22

Abbott Labs to buy diagnostics company Alere

Abbott Laboratories said today it would buy Alere for $5.8 billion to boost its global diagnostics business and enter into new markets.
Business • 01 Feb 16

Abbott Laboratories to cut 78 jobs at Irish plants

Abbott Laboratories is to lay off 78 workers at its plants in Longford, Sligo and Cootehill, Co Cavan.
News • 28 Jan 14

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