Replies to post #9748 on The Rising Influence of Rising Affluence

[DewDiligence]

ABT sells $2.5B of 5-10-year bonds:

http://www.sec.gov/Archives/edgar/data/1800/000110465915018379/a15-4927_58k.htm

• $750M of 5-year bonds paying 2.00%
• $750M of 7-year bonds paying 2.55%
• $1.0B of 10-year bonds paying 2.95%

At rates like these, might as well take the money.

[DewDiligence]

ABT +2% on news that New Zealand’s milk supply used in China’s infant formula is not contaminated (as had been threatened by a protest group).