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Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Eli Lilly and Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
IDEXX Laboratories Inc develops, manufactures and distributes products and provide services for companion animal veterinary, livestock and poultry, dairy and water testing markets. IDEXX Laboratories Inc had annual average EBITDA growth of 13.10% over the past ten years. GuruFocus rated IDEXX Laboratories Inc the business predictability rank of 5-star.
German drugmaker Bayer took full control of Vitrakvi, a drug used against a variety of cancers driven by a rare genetic mutation, in a deal with from Eli Lilly's Loxo Oncology. Bayer said on Friday it exercised a right to gain exclusive licensing rights for the global development and commercialization of Vitrakvi, also known as larotrectinib, under a clause in the initial collaboration deal with Loxo Oncology that provided for Loxo becoming a takeover target.
Forecasts of S&P 500 profits in 2019 are trending sharply downwards, but Goldman Sachs says that these stocks can swim against the tide.
Amazon (AMZN) abruptly drops its HQ2 proposal in New York City after facing a month of city council grilling and objections raised by the locals, politicians and activists.
Covanta (CVA) delivered earnings and revenue surprises of -42.86% and 4.41%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The Morristown, New Jersey-based company said it had profit of 7 cents per share. Earnings, adjusted for non-recurring gains, came to 4 cents per share. The results fell short of Wall Street expectations. ...
Most Latin American stock markets rose on Thursday, with Brazil leading the pack, while Latin American currencies broadly firmed against a soft dollar. Brazil's pensions secretary said President Jair Bolsonaro's ...
Shell Strengthened Last Year: Where’s It Headed?(Continued from Prior Part)Analysts’ ratings for ShellOf the 11 analysts covering Royal Dutch Shell (RDS.A), nine (82%) recommend “buy” or “strong buy,” and two recommend “hold.”
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TripAdvisor (TRIP) reports mixed fourth-quarter results. The non-hotel business performs well in the quarter. However, competition remains a major concern.
Two Newfield directors have joined Encana's board, and Encana plans to proceed with its previously announced increases to its dividend and share buyback program.
Barrick’s main project, the Veladero joint venture with Shandong Gold in Argentina, isn’t performing like a tier one asset, Mark Bristow said on Wednesday. In 2019, Veladero is expected to have the highest cost per ounce in Barrick’s portfolio. “Every one of those projects, if you bring them to account, they are very high capital,” Bristow said of the Latin America ventures during an interview from the sidelines of Barrick’s fourth-quarter analyst meeting in Toronto.
TripAdvisor Inc. shares slid more than 7% Wednesday, as analysts weighed in on a mixed earnings report with the online travel site missing profit estimates for the fourth quarter and offering vague guidance for 2019.