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Negative Foreign Exchange Hurts Abbott Laboratories' Bottom Line

SUGAR LAND--July 17, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Pharmaceutical and healthcare company Abbott Laboratories (NYSE:ABT) (Abbott Park, Illinois) recently reported earnings for the second quarter of the 2009 fiscal year. Net earnings for the company were down 2.6% from 2Q08, moving from $1.32 billion last year to $1.29 billion this year.

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Industry Segment: Pharmaceutical & Biotech
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