Eli Lilly & Co. (LLY) Declares $0.50 Quarterly Dividend; 2.5% Yield

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Eli Lilly & Co. (LLY) Will be Key Collaborator in $100M DDF

October 21, 2015 6:34 AM EDT

Eli Lilly & Co. (NYSE: LLY) announced it will be a key collaborator in the $100 million Dementia Discovery Fund (DDF), which aims to accelerate the discovery and development of new treatments for dementia. This first-ever global dementia research fund recently launched after securing backing from investors including Lilly, the UK Government's Department of Health, Alzheimer's Research UK and a number of other global pharmaceutical companies will invest in research into treatments for the condition.

"Lilly is delighted to be a partner in the Dementia Discovery Fund. Alzheimer's disease is one of... More

Top 10 News for 10/9 - 10/16: Dell's Big Buy; Wal-mart's Dire Outlook; Twitter's Busy Week; Square's Imminent IPO

October 16, 2015 3:58 PM EDT

1. Dell affirmed speculation last weekend when it announced plans to acquire EMC Corporation (NYSE: EMC) early Monday. Under the terms of the agreement, EMC shareholders will receive $24.05 per share in cash in addition to tracking stock linked to a portion of EMCs economic interest in the VMware business. Based on the estimated number of EMC shares outstanding at the close of the transaction, EMC shareholders are expected to receive... More

Lilly's (LLY) Risk/Reward Looks Good Ahead of Q3 Report - BMO

October 16, 2015 10:45 AM EDT

BMO is out with positive commentary on Eli Lilly (NYSE: LLY), saying that the risk/reward on the stock looks good at this point, but not enough to change the firm's rating.

Alex Arfaei said, In 3Q15, we expect a ~9% bottom line beat... More