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Stock impact report

Fortune [Fortune]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Fortune
– Feeding frenzy. Over the past five years, parents have gained more options to feed their new babies. In an industry traditionally dominated by giants Abbott, Mead Johnson, Nestlé, and Perrigo, the startup brand Bobbie has earned a loyal following and positioned itself as an advocate for parents and a better way to feed babies. Today, another startup launches its own infant formula—a product seven years in the making and poised to compete with Bobbie's corner of the market. Nara Organics is selling an imported whole-milk infant formula, made in Germany. After a nationwide clinical trial that required enrolling babies at less than 14 days old, Nara's formula will retail for $27 per 14.1-ounce can. Nara CEO Esther Hallam argues that its whole-milk formula is its distinguishing quality, compared to a skim milk-based formula with a small percentage of whole milk added. “We painstakingly formulated something that uses the highest percentage of milk fat,” she says. Bobbie, meanwhile, Show less Read more
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