Key facts: Baxter International appoints McDonnell; reports Q4 loss

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Baxter International announced Michael R. McDonnell’s appointment to its Board of Directors effective February 13, 2026, while Cathy R. Smith and Stephen H. Rusckowski will resign. The company reported a Q4 loss of $1.13 billion despite revenue exceeding estimates at $2.97 billion. Adjusted EPS of 44 cents, however, fell below expectations, leading to a 16% drop in shares.

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