The diversified healthcare company, which sells traditional drugs, medical devices and nutritional products, also reported higher third-quarter earnings on Wednesday, beating expectations,scarpe hogan, despite a slight decline in overall sales.

Sales of Humira, by far its biggest product, rose 10.1 percent to $2.33 billion, a slowdown from growth of almost 17 percent in the prior quarter.

RBC Capital Markets analyst Glenn Novarro said Humira "came in $50 million light" due to weaker overseas sales.

Humira is expected to be the cornerstone of a planned spinoff on January 1 of Abbott's branded drugs business into a publicly traded company called AbbVie, which will have annual revenue estimated at more than $18 billion,giubbotti Moncler.

The remaining Abbott,louis vuitton borse, nicknamed "new Abbott," is expected to have 2013 sales of $23 billion from diagnostics, nutritional products,hogan uomo, heart stents and generic medicines, Abbott said.

"Our shareholders will soon benefit from two fundamentally different investment opportunities with distinct strategic profiles and business priorities," Abbott Chief Executive Miles White told investors in a conference call.

But Novarro said Abbott officials spooked investors on the call by forecasting that AbbVie would have a tax rate of about 22 percent, instead of the mid-teens rate that Wall Street expected.

"So that dilutes the earnings power of the pharmaceuticals company," Novarro said. "There will be a little less enthusiasm for AbbVie." Consequently, Abbott shares were revalued lower on Wednesday, he said.

Abbott shares were down 4.2 percent to $69.08 in afternoon trading.

AbbVie will pay investors an annual dividend of $1.60 per share, while "new Abbott" will pay a dividend of 56 cents per share,moncler 2012. Abbott previously said the combined dividends would at least equal the company's current annual dividend of $2.04.

Abbott said it earned $1.94 billion, or $1.21 per share, in the third quarter, compared with $303 million, or 19 cents per share, in the year-earlier period, when the company took a $1.4 billion litigation-related charge.

Excluding special items, Abbott earned $1.30 per share. Analysts, on average,hogan outlet, expected $1.28, according to Thomson Reuters I/B/E/S.

Global sales fell 0.4 percent to $9.77 billion, short of Wall Street expectations of $9.93 billion. Sales would have risen 4.1 percent if not for the strong dollar, which lowered the value of sales in overseas markets.

Jefferies & Co analyst Jeffrey Holford said sales missed Wall Street forecasts due to pressures on Abbott's vascular, diagnostics and generic drugs businesses. He said tight expense controls enabled the company to beat earnings forecasts.

Abbott narrowed its full-year 2012 profit forecast to a range of $5.06 to $5.08 per share,borse louis vuitton, from an earlier outlook of $5.00 to $5.10,Moncler.

Revenue from Abbott's array of patent-protected prescription drugs, which it calls proprietary pharmaceuticals, rose 2.4 percent in the third quarter to $4.42 billion, while sales of nutritional products rose 4.5 percent to $1.6 billion. Growth in both categories slowed from the second quarter.

The company took a charge of $478 million in the latest quarter for new and previously announced restructuring activities across most of its businesses.

Company spokesman Scott Stoffel on Wednesday said the steps included layoffs of 550 people worldwide from the "new Abbott" business and another "several hundred" layoffs expected in 2013.

"Proprietary pharma, which will be AbbVie, is unaffected," he said,hogan uomo. In all, he said the layoffs represent about 1 percent of Abbott's 91,000 employees worldwide.

(Reporting by Ransdell Pierson,Piumini Moncler; Editing by Jeffrey Benkoe and John Wallace)

Qiang Hu, 47, a sales manager for a Chinese subsidiary of MKS Instruments, was arrested at his hotel in North Andover, Massachusetts and charged with conspiracy to violate U,hogan.S. export laws. He allegedly allowed thousands of pressure measuring sensors, known as pressure transducers, to be exported from the United States to unauthorized users in China, the department said.

"Pressure transducers are export controlled because they are used in gas centrifuges to enrich uranium and produce weapons-grade uranium,louis vuitton outlet," the Department of Justice said in a statement,hogan uomo.

Hu was identified as the sales manager at MKS Instruments Shanghai Ltd, the Shanghai branch of MKS Instruments Inc,moncler sito ufficiale. located in Andover, Massachusetts, which supplies manufacturing equipment.

Hu is accused of co-conspiring with others since 2007 to export pressure transducers from the United States to unauthorized end-users either by using export licenses issued to MKS customers and or through export licenses obtained in the name of a front company,borse louis vuitton.

MKS Instruments said it had been informed by the U,hogan sito ufficiale.S. Attorney's office in Boston that an employee from its Shanghai subsidiary had been arrested and that it was cooperating with U,Moncler Outlet.S,Moncler cappotti. authorities.

The Department of Justice said in its statement that MKS is not a target of the government's investigation,giubbotti Moncler.

(Reporting By Lily Kuo; Editing by Cynthia Osterman)