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The acute shortage of baby formula in the U.S. has eased as factories begin production of Similac and other formulas and the federal government continues to import infant formula from Europe. But supplies remain lower than a year ago
Evercore Wealth Management LLC lifted its holdings in shares of Abbott Laboratories (NYSE:ABT – Get Rating) by 0.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 843,351 shares of the healthcare product maker’s stock after buying an additional 3,092 […]
Eudaimonia Partners LLC purchased a new position in Abbott Laboratories (NYSE:ABT – Get Rating) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 25,925 shares of the healthcare product maker’s stock, valued at approximately $3,068,000. A number of other large investors have also bought and […]
Abbott Laboratories to restart Similac production
The baby formula shortage may soon end, with Abbott announcing that it has restarted its Similac baby formula production at its Michigan plant.