More Records Highs for Eli Lilly Stock After Buyout
...
08Jul
Read more...
08Jul
Paramount agrees to merge with Skydance
The Paramount Studios in Los Angeles, California, US on Monday, April 29, 2024. Eric Thayer | Bloomberg | Getty ImagesParamount Global has agreed to merge with Skydance, capping off a monthslong negotiation that included various twists and turns, which means the Redstone family will step away from control of the...
08Jul
Read more...
08Jul
Volatility, Stock Market Seasonality on a Collison Course
"The US equity gauge is poised to plunge to 4,200 by year-end, a roughly 23% drop from Thursday’s close around 5,483," the bank’s...
08Jul
Paramount, SolarEdge, Morphic Holding and more
Check out the companies making headlines before the bell. Morphic Holding — Shares surged more than 75% on news that Eli Lilly will acquire the biopharma company in a $3.2 billion deal . The deal will give Eli Lilly access to Morphic's portfolio of treatments in development, such as...
08Jul
Airline profits lag even as travel demand breaks records
Passengers pass through O'Hare airport in Chicago, July 3, 2024.Scott Olson | Getty ImagesRecord summer air travel demand isn't translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month.Some airlines have forecast record demand, and in some cases,...