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Wintrust Business Minute: Abbott Laboratories to launch $7 billion stock buyback program
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Abbott Laboratories is launching a $7 billion stock buyback program. The North Chicago-based company made the announcement as it reported 3rd quarter earnings. The stock buyback was approved earlier this month by Abbott’s board of directors. The company says sales rose 5% year over year to more than $10 billion. Abbott says strong demand for medical devices fueled its sales growth, especially devices used by diabetes patients.
Also, fashion store H&M is set to open its newest store in Chicago, at 679 N. Michigan. Listen for more below:
https://serve.castfire.com/audio/6992627/6992627_2024-10-16-194227.64kmono.mp3
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By wgnradio.com
4.6
99 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Abbott Laboratories is launching a $7 billion stock buyback program. The North Chicago-based company made the announcement as it reported 3rd quarter earnings. The stock buyback was approved earlier this month by Abbott’s board of directors. The company says sales rose 5% year over year to more than $10 billion. Abbott says strong demand for medical devices fueled its sales growth, especially devices used by diabetes patients.
Also, fashion store H&M is set to open its newest store in Chicago, at 679 N. Michigan. Listen for more below:
https://serve.castfire.com/audio/6992627/6992627_2024-10-16-194227.64kmono.mp3
Recent Posts
Wintrust Business Lunch
Labor outlook, meeting captives, Honda/Nissan merger
.cls-7{fill:#fff;fill-rule:evenodd}
NYT names Chicago bakery named among 22 best in U.S.
.cls-4{fill:#000;}
Economic optimism, tariff plan, My IL Beer Fridge
.cls-7{fill:#fff;fill-rule:evenodd}
United to launch Starlink wifi service in the spring
.cls-4{fill:#000;}
Terry Savage: How to get out of debt this year
.cls-7{fill:#fff;fill-rule:evenodd}
Click for more
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