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Abbott Reports Double-Digit Ongoing Earnings-Per-Share – (ABT, CVD, GSK, INFI)

Abbott Laboratories NYSE:ABT recently announced financial results for the fourth quarter ended December 31, 2011.

Earnings per share diluted were $1.45, at the high end of company’s previous guidance range, reflecting 11.5 % growth. Under Generally Accepted Accounting Principles (GAAP) the diluted earnings per share were $1.02, including specified items.

The share price of Abbott Laboratories increased 0.27% on Jan 27 EST and closed near $ 55.02. Company’s volume was 6.39 million shares which is above its average volume of 6.93 million shares. Company’s current stock price is moving below its 20 days moving average by 1.00% and it is above its 50 days moving average by 1.00%. Company’s last month price volatility remained 1.00% with beta of 0.3.

Covance Inc. NYSE:CVD, share price increased 0.02% on Jan 27 EST and closed near $43.32. Company’s volume was 2.40 million shares which is below its average volume of 753,646 shares. Company’s current stock price is moving below its 20 days moving average by 6.50% and it is above its 50 days moving average by 6.56%. Company’s last month price volatility remained 2.96% with beta of 1.07.

 

GlaxoSmithKline plc (ADR) NYSE:GSK, share price decreased 1.28% on Jan 27 EST and closed near $ 44.87. Company’s volume was 2.32 million shares which is above from its average volume of 2.28 million shares. Company’s current stock price is moving below its 20 days moving average by 0.55% and it is below its 50 days moving average by 0.68%. Company’s last month price volatility remained 1.05%.

Infinity Pharmaceuticals Inc. NASDAQ:INFI, share price decreased 39.92% on Jan 27 EST and closed near $ 5.98. Company’s volume was 2.28 million shares which is above from its average volume of 51,867 shares. Company’s current stock price is moving below its 20 days moving average by 34.17% and it is above its 50 days moving average by 33.04%. Company’s last month price volatility remained 6.08%.

 

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Simon Black writes regularly for USA Market News. In keeping with company editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. Mr. Black appreciates your feedback.

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