The U.S. firm expects £3.58 of full-year adjusted per-share earnings.
Abbott shares were over 3% down in premarket trading on Tuesday.
Abbott Laboratories (NYSE: ABT) reported its financial results for the fiscal first quarter on Tuesday that fell shy of the Wall Street estimates, despite its COVID-19 tests continuing to see strong demand in Q1.
Abbott Laboratories shares that you can conveniently trade online via a range of user-friendly apps were reported more than 3% down in premarket trading on Tuesday. Including the price action, the stock is now exchanging hands at £86.25 per share versus a year-to-date high of £91.74 per share in early February. In comparison, the New York Stock Exchange-listed company had started the year 2021 at a lower £78 per share.
Grab considering secondary listing in Singapore: sources
Reuters, SINGAPORE
Grab Holdings, Southeast Asia’s ride-hailing delivery giant, is considering a secondary listing in its home market of Singapore after completing a NASDAQ listing via a US$40 billion merger, three sources familiar with the matter said.
Listing on the Singapore Exchange (SGX) would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its clients, drivers and merchant partners easier access to trade its shares.
Grab, a household name across Southeast Asia, is in the early stages of considering a secondary listing in the city-state, said the sources, who declined to be identified as they were not authorized to speak about the matter.
Bank of America Corp. (NYSE: BAC) said on Thursday that its profit more than doubled in the fiscal first quarter. On the back of hawkish performance that it attributed to lower credit costs and robust growth in capital markets, the investment bank authorised a stock buyback programme worth £18.12 billion. Bank of America shares remained […]