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Wintrust Business Minute: Abbott Laboratories to launch $7 billion stock buyback program

 
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Manage episode 445506394 series 3035618
Innhold levert av wgnradio.com. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av wgnradio.com eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

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:

  continue reading

102 episoder

Artwork
iconDel
 
Manage episode 445506394 series 3035618
Innhold levert av wgnradio.com. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av wgnradio.com eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

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:

  continue reading

102 episoder

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