In a statement Reckitt Benckiser said, it is boosting its production of baby formula by about 30% and increasing the frequency of deliveries to stores in order to mitigate a shortage in the U.S. supermarkets. The company which makes the baby… Read More ›
Abbott Laboratories
Abbott Laboratories’ shares gets the buy signal from Barron’s
In 2016 Abbott Laboratories shares have traded in the range of $37 to $45. As per the Barron’s report the shares make a good buy since Abbott’s Laboratories acquisition of St Jude have skewed its global profile to the U.S…. Read More ›
Johnson & Johnson approaches Actelion for a takeover
Of late Johnson & Johnson has been very active in the M&A sector. A significant portion of its earnings have been derived from acquired products. Bloomberg has reported citing sources familiar with the matter at hand, that Johnson & Johnson… Read More ›