Abbott’s acquisition of Alere: reshaping the market for rapid medical tests

Abbott Laboratories (NYSE:ABT) announced on February 1st, 2016 the acquisition of Alere (NYSE:ALR). The deal comes just few days after Abbott reported a drop of 15% in its profits for the final quarter of 2015, mainly linked to the stronger dollar effects on its results in the Emerging Markets where it sells its products. The … Continue reading Abbott’s acquisition of Alere: reshaping the market for rapid medical tests

No company is too big for Warren

“I’ve admired PCC’s operation for a long time. For good reasons, it is the supplier of choice for the world’s aerospace industry, one of the largest sources of American exports. Berkshire’s Board of Directors is proud that PCC will be joining Berkshire.” These words said in August by Warren E. Buffett, Berkshire Hathaway chief executive … Continue reading No company is too big for Warren