Abbott shares climb despite a mixed quarter. What we want to see before we buy more

Club holding Abbott Laboratories on Wednesday reported mixed fourth-quarter results and 2025 guidance. Still, shares of the medical device maker are up more than 1%, in a sign that investors had low expectations into the release. Revenue in the three months ended Dec. 31 rose 7.2% to $10.97 billion,...

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Stellantis Italy output falls 37% in 2024, car production hits 68-year low

Employees works on the production floor of the SUSTAINera Circular Economy Hub at Stellantis NV's Mirafiori complex in Turin, Italy, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesVehicle production by car maker Stellantis in Italy fell by 37% last year, hit in particular by a steep plunge in...

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FedEx to spin off its freight trucking business

A driver of FedEx stands with packages near a delivery truck during Black Friday preparations in the Georgetown neighborhood of Washington, U.S., November 26, 2024. Benoit Tessier | ReutersFedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery...

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Campbell’s falls short of sales estimates, names insider Beekhuizen as CEO

Cans of Campbell's Chicken Noodle Soup are seen in a supermarket in New York.Richard Levine | Corbis News | Getty ImagesCampbell's fell short of market expectations for quarterly net sales on Tuesday and named insider Mick Beekhuizen as its new chief executive officer, as the company sharpens focus on...

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