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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.
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Před 653 dny
Macerich Trims FY23 Outlook; Q2 Results Top Estimates
While reporting financial results for the second quarter on Tuesday, REIT Macerich Co. (MAC) trimmed its outlook for the full year 2023.
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Před 653 dny
U.S. Trade Deficit Narrows In June Amid Slump In Imports
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed in the month of June.
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Před 653 dny
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.
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Před 653 dny
Medical Properties Trust Q2 Earnings Top Estimates; Narrows FY23 NFFO Outlook Range
Medical Properties Trust, Inc. (MPW) reported Tuesday a second-quarter net loss attributable to stockholders of $42.04 million or $0.07 per share, compared to net income of $189.60 million or $0.32 per share in the prior-year quarter.
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Endo International Narrows FY23 Revenue Outlook Range - Update
While reporting financial results for the second quarter on Tuesday, specialty pharmaceutical company Endo International plc (ENDPQ.PK) narrowed its revenue guidance range for the full-year 2023.
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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.
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Před 653 dny
more news
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.
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Před 653 dny
Australian, NZ Dollars Drop On Disappointing China Trade Data
The Australian and NZ dollars declined against their major counterparts on Tuesday, as softer-than-expected trade data from China fuelled concerns about the economic growth.
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Před 653 dny
CECO Environmental Boosts FY23 Revenue Outlook As Q2 Revenue Tops Estimates
CECO Environmental Corp. (CECO) reported Tuesday the net income attributable to CECO for the second quarter declined to $3.72 million or $0.11 per share from $4.39 million or $0.13 per share in the prior-year quarter.
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Před 653 dny
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.
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Před 653 dny
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.
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Před 653 dny
European Shares Decline As Italy Surprises With Windfall Tax On Banks
European stocks were moving lower on Tuesday after data showed China's exports and imports both sank at their fastest pace since the 2020 COVID-19 pandemic in July, threatening recovery prospects in the world's second-largest economy.
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Před 653 dny
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