Health & Fitness
Health and Fitness
Health and Fitness 
Fri, January 30, 2009
[ Fri, Jan 30th 2009
] - Market Wire
[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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[ Fri, Jan 30th 2009
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Thu, January 29, 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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[ Thu, Jan 29th 2009
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Schaeffer's Street Stories: Eli Lilly & Co. Slips as Drug Sales Slow
CINCINNATI--([ BUSINESS WIRE ])--Pharmaceutical giant Eli Lilly & Co. (NYSE: LLY) announced this morning that it suffered a fourth-quarter net loss as it booked a $4.73 billion charge for its November acquisition of ImClone Systems, while sales were roughly flat with a year earlier. The company posted a quarterly loss of $3.63 billion, or $3.31 per share, versus its year-ago loss of $854.4 million, or 78 cents per share. Excluding the ImClone charge and other items, earnings rose 19% to $1.07 per share. Net sales rose less than 1% to $5.21 billion, with international sales down 3% and domestic revenue up 3%.
Analysts had predicted a profit of $1.05 per share on revenue of $5.42 billion.
To continue reading this article, click here: [ http://www.schaeffersresearch.com/commentary/content/eli+lilly+co+slips+as+drug+sales+slow/observations.aspx?click=home&ID=90840 ]
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