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Eli Lilly Boosts Outlook As Q2 Results Top Estimates; Stock Up 11%

Drugmaker Eli Lilly and Co. reported Tuesday a profit for the second quarter that surged 85 percent from last year, reflecting strong Mounjaro sales and a solid performance from growth products. Both adjusted earnings per share and revenues topped analysts' expectations. The company also raised its adjusted earnings and revenue guidance for the full-year 2023.
RTTNews | Před 653 dny
Bay Street Likely To Open With Negative Gap

Bay Street Likely To Open With Negative Gap

Canadian shares look headed for a negative start on Tuesday, tracking weak European stocks and lower commodity prices amid worries about growth following highly disappointing Chinese trade data.
RTTNews | Před 653 dny
DISH, EchoStar To Combine In All-stock Deal

DISH, EchoStar To Combine In All-stock Deal

DISH Network Corp. (DISH) and EchoStar Corp. (SATS) announced Tuesday they have entered into a definitive agreement for DISH to combine with EchoStar in an all-stock merger at a fixed exchange ratio.
RTTNews | Před 653 dny
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TransDigm Group Boosts FY23 Outlook - Update

TransDigm Group Boosts FY23 Outlook - Update

While reporting financial results for the third quarter on Tuesday, TransDigm Group Inc. (TDG) raised its earnings, adjusted earnings and net sales guidance for the full-year 2023, based on continued strong performance of the company.
RTTNews | Před 653 dny
Eli Lilly Boosts FY23 Outlook - Update

Eli Lilly Boosts FY23 Outlook - Update

While reporting financial results for the second quarter on Tuesday, drugmaker Eli Lilly and Co. (LLY) raised its earnings, adjusted earnings and revenue guidance for the full-year 2023.
RTTNews | Před 653 dny
Sensex, Nifty Edge Lower As Investors Await US Inflation Data

Sensex, Nifty Edge Lower As Investors Await US Inflation Data

Indian shares moved in a tight range before ending slightly lower on Tuesday, as Chinese trade data disappointed and the dollar resumed its upward trajectory ahead of key U.S. inflation readings that might influence the Fed's plans for possible interest rate hikes.
RTTNews | Před 653 dny

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