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Abbott

All articles tagged with #abbott

Abbott to close Exact Sciences acquisition, expanding cancer diagnostics leadership
business21 days ago

Abbott to close Exact Sciences acquisition, expanding cancer diagnostics leadership

Abbott expects to close its acquisition of Exact Sciences on March 23, 2026 after regulatory clearances, adding Exact’s cancer-screening and precision-oncology portfolio (Cologuard, Oncotype DX, Oncodetect, Cancerguard) to expand Abbott’s diagnostics leadership. The deal is projected to bring about $3 billion of incremental sales in 2026, accelerate Abbott’s growth in diagnostics, and dilute 2026 adjusted EPS by about $0.20, as the company aims to make cancer detection and management more accessible.

Abbott, Patrick cruise to GOP primaries, shaping Texas reelection race
state-government1 month ago

Abbott, Patrick cruise to GOP primaries, shaping Texas reelection race

Gov. Greg Abbott and Lt. Gov. Dan Patrick easily won their Republican primaries, keeping their bids for reelection alive; Democrat Gina Hinojosa captured the nomination to challenge Abbott, while Austin's Vikki Goodwin led the Democratic field for lieutenant governor. Abbott framed the race around conservative governance and tax restraint, with Patrick touting his leadership in the Texas Senate and alignment with Trump. Democrats hope the high-profile U.S. Senate contest could bolster turnout down the ticket.

Abbott posts strong 2025 earnings, outlines 2026 growth plan and strategic moves
business2 months ago

Abbott posts strong 2025 earnings, outlines 2026 growth plan and strategic moves

Abbott reported Q4 2025 GAAP EPS of $1.01 and adjusted EPS of $1.50 (up 12%), and full-year 2025 sales of $44.3B with adjusted EPS of $5.15 (up 10%). For 2026, it guides organic sales growth of 6.5%–7.5% and adjusted EPS of $5.55–$5.80 (about 10% at the midpoint). The company also plans to close its Exact Sciences acquisition in Q2 2026 to expand cancer diagnostics, announced regulatory advances in electrophysiology and ablation, and declared a quarterly dividend of $0.63.

Texas Legislature Fails to Ban THC, Leaving Marijuana Legal in Waco
politics7 months ago

Texas Legislature Fails to Ban THC, Leaving Marijuana Legal in Waco

Texas Governor Greg Abbott is expected to issue an executive order establishing age restrictions and regulations for THC products, including a minimum purchase age of 21, following the end of a legislative special session that failed to reach an agreement on restrictions. The order aims to regulate THC sales similarly to alcohol, with potential rules on ID checks, distance from schools, labeling, testing, and business fees.

Texas and Missouri redraw maps to boost GOP representation
politics7 months ago

Texas and Missouri redraw maps to boost GOP representation

Texas Governor Greg Abbott signed a new congressional map aimed at increasing Republican seats in the 2026 midterms, a move that has sparked legal challenges from groups representing Black and Latino voters. The redistricting effort, initiated earlier in the summer and passing through the legislature, is part of a broader strategy to solidify GOP control, but faces court battles before it can take effect.

politics8 months ago

Greg Abbott and Critics Clash Over Redistricting and Racial Politics

Texas Governor Abbott criticized Democratic opposition to new redistricting maps, claiming the maps create predominantly Hispanic Republican seats and arguing that voters should decide district representation regardless of race. He highlighted the increasing support for Republicans among Hispanic voters and warned of legal consequences for Democrats opposing the map. The approval process remains uncertain amid Democratic opposition and potential legal battles.