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Alere's (ALR) Suit Against Abbott (ABT) Filed Sooner than Expected; BTIG Affirms at 'Buy'

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Abbott (ABT) on Watch as St. Jude (STJ) Rebukes Allegations from Short Seller

August 26, 2016 3:45 PM EDT

Abbott (NYSE: ABT) shares are ticking slightly higher late Friday as St. Jude Medical (NYSE: STJ) said it refutes claims made by short-seller Muddy Waters. The stock is up modestly.

Abbott and St. Jude entered at $31 billion merger agreement earlier this year.

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Abbott (ABT) Says Alere's (ALR) Lawsuit is 'Without Merit'

August 26, 2016 12:18 PM EDT

Abbott (NYSE: ABT) says still working to close Alere (NYSE: ALR) acquisition, according to Bloomberg.

Abbott sees Alere's lawsuit as being "without merit." The company believes it is in compliance with the obligations of the merger agreement.

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Streetinsider.com's Hot Lunchtime Reads 8/26: (RAX) (DSS) (KS) (ALR) (MOV)

August 26, 2016 11:58 AM EDT

The following is a list of notable articles to help get you through the lunch hour:Document Security Systems (DSS) Announces Effectiveness of 1-for-4 Reverse Stock Split ->... More

Alere (ALR) Shares Tick Higher Upon Resumption

August 26, 2016 11:14 AM EDT

Alere (NYSE: ALR) shares resume trading. The stock is down over 3 percent on the session, but moving higher.

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