AbbVie raises outlook as Humira again delivers earnings beat

WASHINGTON (AP) — Drugmaker AbbVie is raising its full-year earnings guidance after reporting better-than-expected first quarter adjusted results on continued growth of its blockbuster anti-inflammatory drug Humira. However, U.S. sales of the company’s recently approved hepatitis C pill came in below expectations, underscoring concerns that the company is too reliant on Humira. Sales of Humira, […]

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Alterra Coffee changes name, splits with Mars

MILWAUKEE (AP) — Alterra Coffee is changing its name and parting ways with Mars, Inc. Alterra owners said Monday that nothing will change except for the company’s name, which will now be Colectivo, inspired by the artsy buses used for public transportation in Latin America and the routine of everyday life. “We’ve always been about […]

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Medical College of Wis. to open 2 new campuses

WAUSAU, Wis. (AP) — The Milwaukee-based Medical College of Wisconsin plans to open a new campus in Green Bay in 2015 and another in the Wausau area the following year. College officials hope the move encourages graduates to practice medicine in more rural areas, according to a Daily Herald Media report (http://wdhne.ws/13HdnYn ). Student recruitment […]

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Grain futures, livestock prices rise

CHICAGO (AP) — Grains futures were mixed Monday on the Chicago Board of Trade. Wheat for September delivery was down 4.75 cents at $6.5975 a bushel; September corn fell 3.25 cents to $5.4075 a bushel; September oats were 2 cents higher at $3.57 a bushel; while August soybeans rose 29.50 cents to $15.2025 a bushel. […]

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Abbott will pay $560M to acquire 2 med tech firms

WASHINGTON (AP) — Abbott Laboratories announced Monday it would pay a combined $560 million to acquire two privately-held companies focused on coronary implants and laser-assisted eye surgery. The acquisitions of Idev Technologies and OptiMedica Corp will help the health care company expand its medical device offerings, a half-year after it spun off its main pharmaceutical […]

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Online shopping hurts part sales at Wisconsin car show

IOLA, Wis. (AP) — Auto buffs say they are finding fewer antique parts at shows because of a growing scarcity and more people shopping online. Hundreds of thousands gathered over the weekend for the 41st annual Iola Old Car Show and Swap Meet in Wisconsin, but vendors and others said part sales weren’t what they […]

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GE CEO Immelt to address UW regents

MADISON, Wis. (AP) — General Electric Co. chairman and CEO Jeffrey Immelt will be speaking to the University of Wisconsin System Board of Regents at its Friday meeting. The university says Immelt will talk to the board about “Leading the Productivity Revolution.” Immelt joined GE in 1982 and since then has held several roles in […]

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