Abbott's 2nd qtr results beat expectations
US health care major Abbott Laboratories beat Wall Street expectations in the quarter ending July 30, 2008, on strong international sales, particularly of its blockbuster anti-inflammatory antibody drug Humira (adalimumab).
Income up 33%
The firm posted rising net income during the quarter, up 33.7% to $1.31 billion, or diluted earnings per share of $0.84 versus $0.63 per share in the year-before period. Thomson Financial analysts had only expected earnings per share of $0.79.
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