Tag Archives: Miles D. White

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

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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

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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 »