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Eli Lilly - 1 — - 1 Zepbound - 1 David Ricks - 1 Eli Lilly's - 1 Anat Ashkenazi - 1 Ashkenazi - 1 LLY - 1
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6 mentions found


☆ Eli Lilly soars 8% after Q1 earnings reveal surging popularity for its Zepbound weight-loss drug
  + stars: | 2024-04-30 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +4 min
The world's biggest healthcare company said it experienced surging demand for its GLP-1 Zepbound weight loss drug. Eli Lilly raised its 2024 revenue guidance, suggesting that the supply shortage of its weight loss drug may soon ease. The results showed soaring demand for its GLP-1 weight loss drug Zepbound, and the revenue guidance increase suggests that ongoing supply shortages of the drug may soon ease. "We have approximately 67% access in the commercial segment," Eli Lilly CFO Anat Ashkenazi said on the company's earnings call. Eli Lilly is looking to expand its indications of Zepbound so it can treat more health problems, including sleep apnea.
Persons: Eli Lilly, —, Zepbound, David Ricks, Eli Lilly's, Anat Ashkenazi, Ashkenazi, LLY, JPMorgan, JPMorgan isn't Organizations: Service, JPMorgan Locations: America
☆ JPMorgan defends Deutsche Bank stock, says market getting it wrong
  + stars: | 2023-03-24 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +2 min
JPMorgan isn't concerned about Deutsche Bank , and investors should focus on the European bank's "solid" fundamentals, analysts from the firm said Friday. Shares of the German lender slid more than 11% on Friday following a spike in the company's credit default swaps Thursday night. Credit default swaps act as a insurance for bondholders in the event of the company defaults. To be sure, there was no clear catalyst for the spike in Deutsche's credit default swaps. DB 1D mountain DB falls JPMorgan, however, is maintaining its overweight rating on Deutsche Bank.
☆ UBS' uber-rich clients don't want to share the wealth (managers)
  + stars: | 2023-03-23 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
Among the key things to remember was reopening the steam room at exactly 3:30 p.m. after its cleaning. Hayley has all the details from rich clients as well as industry analysts about why this whole thing could spell disaster. It's still early days, but the UBS-Credit Suisse deal might be the best example of something that makes sense on paper, but doesn't work in reality. Read more about why UBS acquiring Credit Suisse could lead to more headaches than huge wins for the Swiss wealth behemoth. And since we're talking BBQ, I'm required to share the funniest tweet in the history of Twitter.
☆ Don't snap up stocks just yet – but stay alert as the Fed could soon spark a rally by wrapping up its rate-hiking campaign, a JPMorgan strategist says
  + stars: | 2023-01-12 | by ( George Glover | ) www.businessinsider.com   time to read: +3 min
Investors shouldn't pile into stocks yet — but should be ready to jump in, a JPMorgan strategist said. "We think they're close to wrapping it up, thank goodness," Phil Camporeale told CNBC Wednesday. Camporeale told CNBC's "Closing Bell" on Wednesday. But the bank is readying itself for any potential Fed-fueled rally by snapping up call options on some S&P 500 stocks, Camporeale said. "Right now we're long some calls on the S&P," Camporeale told CNBC.
☆ JPMorgan sees four potential outcomes for the economy, and only one of them is good
  + stars: | 2022-11-22 | by ( Jeff Cox | ) www.cnbc.com   time to read: +4 min
The global economy faces four likely scenarios ahead — none particularly great — though there's a 1-in-5 chance that a recession doesn't take hold, according to JPMorgan Chase economists. But the timing of this break, the path of Fed policy, and the reverberations for the rest of the world vary." One is that the "damage [is] already done" and the global economy is headed for contraction. "We see a one-fifth risk that the US breaks together with Europe and pulls the global economy down early next year." JPMorgan isn't the only forecasting firm on Wall Street that sees at least a reasonable chance that the Fed can keep the economy out of recession.
☆ JPMorgan CEO Jamie Dimon says 'very smart' Elon Musk should 'clean up Twitter' and remove bot accounts
  + stars: | 2022-10-11 | by ( Grace Dean | ) www.businessinsider.com   time to read: +3 min
JPMorgan CEO Jamie Dimon told CNBC he hopes tech billionaire Elon Musk "cleans up Twitter." He expressed concerns about the number of spam accounts on the site. Musk cited bot accounts when he backed down from his Twitter takeover deal earlier this year. "I hope Musk cleans up Twitter," Dimon told CNBC at the JPM Techstars conference in London. The Wall Street Journal reported in 2021 that Musk has spurned the bank for years and that Musk and Dimon have personally clashed.
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