Shares of Abbott Laboratories (ABT) rose 1.7% in light premarket trade Wednesday, after the drug maker reported better-than-expected third-quarter profit, and lifted the midpoint of its full-year outlook, citing an improved performance in its branded generic pharmaceuticals and nutrition businesses.
United Parcel Service Inc. (UPS) said Friday it had net income of $1.214 billion, or $1.32 a share, in the third quarter, up from $1.097 billion, or $1.16 a share in the year-earlier period, buoyed by growth across its business segments.
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