Eli Lilly's big GLP-1 investment — plus, what we want from 4 portfolio stock earnings [MSNBC.com]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: MSNBC.com
Every weekday the CNBC Club with Jim Cramer holds a "Morning Meeting" stream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. Wall Street was bouncing higher Friday after, as Jim Cramer put it, a "really bad day" in the prior session. Thursday's late-day decline happened as bond yields rose on "good economic data being viewed as bad news." The market also sold off despite a 9% post-earnings increase in shares of Nvidia . The AI chip giant's stock was up modestly Friday. Goldman Sachs pushed its forecast for the first Federal Reserve interest rate cut to September from July. Rates must remain higher for longer because we "can't have inflation being the biggest problem in America," Cramer said Friday. 2. Eli Lilly is investing $5.3 billion to boost manufacturing at an Indiana plant to expand production of weight loss drug Zepbound, diabetes treatment Mounjaro, and others. That brings Lilly's total investment at the site to $9 billion from $3.7 billion. The company expects t
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LLY
News
- Eli Lilly and Company (NYSE: LLY) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $885.00 price target on the stock.MarketBeat
- CARINGKIND RAISES $1.4 MILLION IN SUPPORT OF ALZHEIMER'S AND RELATED DEMENTIA CARE AT THE 28TH ANNUAL FORGET-ME-NOT GALA [Yahoo! Finance]Yahoo! Finance
- How Eli Lilly is managing soaring demand for GLP-1s, according to outgoing CFO Anat Ashkenazi [CNBC]CNBC
- Alzheimer's Disease Pipeline Landscape 2024: Comprehensive Insights About 110+ Companies and 120+ Drugs [Yahoo! Finance]Yahoo! Finance
- Thinking of Buying Madrigal Pharmaceuticals Stock? Eli Lilly Would Like to Have a Word. [Yahoo! Finance]Yahoo! Finance
LLY
Earnings
- 4/30/24 - Beat
LLY
Sec Filings
- 6/14/24 - Form 144
- 6/11/24 - Form 4
- 6/10/24 - Form 4
- LLY's page on the SEC website