Health Care Up On Stronger Earnings -- Health Care Roundup
October 17 2018 - 4:36PM
Dow Jones News
Shares of health-care companies rose as earnings continued to
come in strong. Swiss drug maker Roche Holding (RHHBY) said its
nine-month group sales rose, buoyed by new drugs. Abbott
Laboratories (ABT) ticked down after it reported a slight decrease
in quarterly earnings. Marijuana stocks, which had run up in
anticipation of legalization of recreational use in Canada, fell
sharply on the day the measure came into law. Pfizer(PFE) plans to
cut about 2% of its workforce across the globe, according to a CNBC
report.
-Rob Curran, rob.curran@dowjones.com
(END) Dow Jones Newswires
October 17, 2018 16:21 ET (20:21 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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