Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

In addition to raising its dividend by 34% this morning, Baxter International (BAX +2.9%) also...

  • Wednesday, July 25, 2012, 12:49 PM ET
    In addition to raising its dividend by 34% this morning, Baxter International (BAX +2.9%) also approves a new $2B stock buyback program, as the health-care company looks to share the wealth and boost shareholder value. BAX has benefited recently on strong demand for its hemophilia and immunodeficiency products, and because of its product focus on life-threatening ailments and injuries, the company has been less impacted by the slowdown in health-care spending than its peers.
Track new comments on this story

This news story has 1 comment:

  •  
    Any theories around as to why BAX directors allowed the company to get into the situation where they have a supply shortfall in plasma proteins? If they really wanted to boost shareholder value they would have invested in plant expansion 5 years ago to capitalise in the explosion of off label use.
    25 Jul 2012, 08:45 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)

HEALTHCARE ETFs IN FOCUS

Latest Healthcare Articles
More Latest Articles »