Tag Archives: Miles D. White

Abbott and AbbVie- Spinoff Complete, Companies Begin To Walk Their Own Paths

On Wednesday, Abbott Laboratories(ABT) completed its spinoff of AbbVie(ABBV), and the two firms began their new, independent lives. As is often the case, as their first acts, each company issued a press release noting the occasion. Abbott’s release was relatively brief, wished AbbVie well, and gave a short picture of the new Abbott, focusing on the company’s many… Read More »

Much Ado Abbott Nothing

Abbott Laboratories(ABT) is joining the parade and splitting itself into two.  Like many other recent spinners, Abbott is a spinoff veteran, having spun off Hospira(HSP) in 2004.  Though at times, even recently, Hospira has traded much higher, on the whole, returns for the two pieces 7 years later have been unimpressive.  Hospira is now barely up 10%, and… Read More »