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Abbott Laboratories Message Board

  • rkgerdes rkgerdes Oct 17, 2012 12:09 PM Flag

    trading lower

    “We believe shares are trading lower following management’s disclosure on the conference call of a higher-than- expected tax rate for AbbVie,” said Linda Bannister, an analyst with Edward Jones & Co. in Des Peres, Missouri, said in an e- mail. “This is the result of the company’s need to move cash from abroad into the U.S. to fund the dividend going forward.”

43.25-0.47(-1.09%)Aug 29 4:00 PMEDT