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Embattled Abbott Labs comes through with a strong quarter, buyback announcement

Abbott Labs delivered for investors who stuck with the stock despite legal woes that emerged earlier this year. Read more...

Attendees walk by the Abbott booth during CES 2024 at the Las Vegas Convention Center on January 10, 2024 in Las Vegas, Nevada.

Ethan Miller | Getty Images

Medical device maker Abbott Laboratories on Wednesday delivered better-than-expected quarterly results and upped its earnings guidance for the third straight quarter. Shares rose more than 1%, shaking off an initially subdued reaction.

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