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DewDiligence

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DewDiligence

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Re: DewDiligence post# 8649

Wednesday, 07/16/2014 10:32:37 AM

Wednesday, July 16, 2014 10:32:37 AM

Post# of 29408
ABT raises 2014 non-GAAP EPS guidance to $2.19-2.29 (from old range of $2.16-2.26):

http://finance.yahoo.com/news/abbott-reports-second-quarter-2014-114500859.html

The new 2014 non-GAAP EPS guidance represents 9-14% growth vs 2013.

Note: The non-GAAP 2014 EPS guidance includes contribution from the developed-markets branded-generics business sold to MYL (#msg-104271033 because this deal will not close until early 2015. (Starting in 3Q14, the business sold to MYL will be accounted for as a discontinued operation on the P&L statement.)

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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