3 Healthcare Mutual Funds Thriving Amid Economic Shifts [Yahoo! Finance]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: Yahoo! Finance
Recent statements made by Federal Reserve Governor Michelle Bowman underscore the significance of strategies, amid inflation worries. "I remain willing to raise the target range for the federal funds rate at a future meeting should progress on inflation stall or even reverse," she said. The Federal Reserve raises rates, which leads to a rise in borrowing costs for both individuals and businesses. These increased expenses can potentially slow down spending and investments, hampering growth. Moreover, elevated interest rates can impact company earnings as they grapple with borrowing costs to manage their debts. Healthcare mutual funds have demonstrated resilience during periods of rising interest rates benefiting from their attributes and steady demand for services. Meanwhile, recent data from the Conference Board indicates a decline in consumer confidence, with the index falling to 100.4 in June from 101.3 in May. A drop in consumer confidence could favor the healthcare sector due
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LLY
News
- Buy These 5 Big Drug Stocks to Boost Your Portfolio's Health [Yahoo! Finance]Yahoo! Finance
- Should You Invest in the Vanguard Health Care ETF (VHT)? [Yahoo! Finance]Yahoo! Finance
- Ozempic may help manage opioid addiction: study [Fortune]Fortune
- New data show Lilly's EBGLYSS™ (lebrikizumab-lbkz) provided sustained disease control for up to three years in more than 80% of adults and adolescents with moderate-to-severe atopic dermatitisPR Newswire
- FDA hits Ozempic and Mounjaro counterfeit compounders with warning letters [Yahoo! Finance]Yahoo! Finance
LLY
Earnings
- 8/8/24 - Beat
LLY
Sec Filings
- 9/18/24 - Form 3
- 9/17/24 - Form 4
- 9/17/24 - Form 4
- LLY's page on the SEC website