Eli Lilly’s Fiscal 2013 Outlook Betters Street’s Estimate (LLY)

Pharmaceutical company, Eli Lilly & Co. (NYSE: LLY) edged up on Friday after the company said that fiscal 2013 earnings will beat Street’s estimate despite the fact that  two of its key drugs will lose U.S. patent protection during this year.

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Major Movers on December 12; AET, SCMP, YMI, DLB, GEOS, DD, BGMD, ALNY, MCP, LLY

Shares of health insurer, Aetna Inc. (NYSE: AET) gained 4 percent after the company boosted its outlook both on revenue and earnings for the next fiscal year.

Continue reading Major Movers on December 12; AET, SCMP, YMI, DLB, GEOS, DD, BGMD, ALNY, MCP, LLY