US stocks inch to record high close
US top stocks inched their way out of intraday deficit and closed at fresh record highs on Wednesday after Federal Reserve meeting minutes were released.
Company
NYSE:LLY
Eli Lilly and Co is engaged in drug manufacturing businesses. The company discovers, develops, manufactures and markets products in the human pharmaceutical products segment.
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US top stocks inched their way out of intraday deficit and closed at fresh record highs on Wednesday after Federal Reserve meeting minutes were released.
US stocks snapped back from initial losses to close Wednesday higher and the Dow even managed an intraday record peak, while small-caps had one of their best days in 14 years, after Donald Trump and the Republicans’ sweep into office
Shares of Regeneron Pharmaceuticals and Teva Pharmaceuticals were hit Monday by news of a clinical trial setback for a new pain drug they are co-developing
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Pfizer bruised by a downgrade from Jefferies but Wedbush assume coverage of eCommerce names eBay and Etsy
BACE inhibitors are the latest glimmer of hope for the treatment of Alzheimer’s disease.
Regen will receive compounds from Lilly for drug discovery purposes
Lilly has made what’s known as a milestone payment following progress in developing a treatment called AZD3293 for early stage Alzheimer's disease.
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Broker Jefferies has cut its rating on drugs giant AstraZeneca PLC to 'hold' from 'buy' saying there's a lack of catalysts in 2016 to re-rate shares.
US shares were stabilising but still mixed heading into Tuesday's close.
Heavy losses were pared late in the day and in fact the Dow and the S&P moved into positive territory
Shares in US drugs giant Eli Lilly & Co fell over 2% in pre-market deals as it cuts its earnings guidance for the 2015 year.
Investments and investor services
Eli Lilly led blue-chips lower after scrapping work on its lead heart drug but news of Ferrari's flotation set petrolheads' pulses racing.
Two-and-a-half days of losses have taken the benchmark index below the level at which it started the year.
Pundits are no wiser after yesterday's policy statement from the Federal Open Market Committee as to the timing of the long-expected interest rate hike.
Shares in Eli Lilly were among the few blue-chips making headway on Thursday after a positive result in a diabetes study.
Investments and investor services
Pundits are no wiser after yesterday's policy statement from the FOMC as to the timing of the long-expected interest rate hike.
Pundits are no wiser after yesterday's policy statement as to the timing of the long-expected interest rate hike.