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Lilly to Acquire Private Biotech for Boosting Pain Portfolio

6 years ago
Eli Lilly and Company LLY announced that it has entered into an agreement to acquire Cambridge, MA-based privately held biotech Disarm Therapeutics for an upfront payment of $135 million. The company is looking to expand its pain and neurological diseases portfolio by adding Disa

Small-Cap ETFs Outperforming Bigger Peers: Here's Why

6 years ago
On Oct 15, the Russell 2000 Index outperformed its peer equity gauges by the widest margin since late April. This was only the sixth time that has happened since 1986, according to Dow Jones Market Data, as quoted on MarketWatch. The last time the Russell 2000 outperformed its pe

Why Shares of Boeing Are Up Today

6 years ago
What happenedShares of Boeing (NYSE: BA) jumped more than 5% at the open on Friday after the company's 737 MAX jet was deemed safe by European regulators. Getting the MAX airborne is a key part of the bull case for Boeing, and the market is applauding a significant step in that d

Why AMC Entertainment Stock Jumped 18% Today

6 years ago
What happenedShares of movie theater operator AMC Entertainment (NYSE: AMC) were up 11% as of noon EDT today, after increasing as much as 18% on the day. The jump is in contrast to the stock's performance earlier this week. Shares are still down almost 20% in the last five days,

Why General Electric Stock Just Popped 6%

6 years ago
What happenedGeneral Electric (NYSE: GE) investors have had a tough year. As the S&P 500 surged more than 16% over the past 52 weeks, GE stock went the other way. It's still down 23% -- and lagging the S&P's performance by about 40 percentage points!

iPhone Sales Will Get a Boost From Carriers This Year

6 years ago
5G took center stage at Apple's (NASDAQ: AAPL) recent iPhone event. The faster network capability is one of the main selling points for Apple this year, but the feature inherently relies on the carriers' networks. And the carriers are ready to sell 5G.Verizon (NYSE: VZ), AT&T

Stock Alert: Vipshop Climbs 14%

6 years ago
(RTTNews) - Shares of Vipshop Holdings Limited (VIPS), a China-based online discount retailer, are gaining almost 14 percent or $2.43 in Friday's morning trade at $20.08 despite no company-centric news that could push the stock higher.U.S. stocks are rising on Friday after a repo
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