The following are some of the biotech companies that reported earnings and provided an update on their pipeline yesterday.1. Abbott Laboratories (ABT), which reported encouraging financial results for the second quarter ended June 30, 2022, has raised its earnings guidance for full year.On a GAAP basis, net earnings for the second quarter of 2022 climbed to $2.02 billion or $1.14 per share from $1...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.