SUGAR LAND, TX, Oct. 19, 2009 (Marketwire) --

SUGAR LAND, TX -- (Marketwire) -- 10/19/09 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Global pharmaceutical companies Baxter International Incorporated (NYSE:BAX) (Deerfield, Illinois) and Abbott Laboratories (NYSE:ABT) (Abbot Park, Illinois) this week reported earnings for the third quarter of their 2009 fiscal years. Although negative foreign exchange reduced both companies' bottom lines, Abbott and Baxter experienced year-over-year net earnings increases of 36.5% and 12%, respectively. Baxter's net income rose from $476 million in 3Q08 to $532 million in 3Q09, while Abbott's net earnings rose from $1.09 billion in 3Q08 to $1.48 billion in 3Q09.

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