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UPDATE 3-Lilly profit beats forecasts, helped by lower tax...
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(Adds details, analyst quote, share price) By Ransdell Pierson NEW YORK, Jan 26 (Reuters) - Eli Lilly and Co. on Thursday reported a better-than-expected fourth-quarter profit due largely to a lower tax rate, and reaffirmed 2006 earnings would rise 8 percent to 11 percent, in line with Wall Street estimates. The Indianapolis-based drugmaker earned $701 million, or 64 cents per share. It reported a loss in the year-ago quarter of $2.4 million, or nil per share, after charges for restructuring and taxes on repatriated earnings. Excluding special items, Lilly (LLY.N: Quote, Profile, Research) earned 80 cents per share. A 1 percent decline in the company's tax rate helped it beat the average forecast of 78 cents per share among analyst... Lilly Posts Q4, 2005 Profit...
Newsroom - Inside INdiana Business with Gerry Dick
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Greater Lafayette Health Services Moves Forward With Hospital Plans
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You need to select Yes or No for your Poll Answer! Do you agree with the direction Indiana University is headed? Yes No Your vote was recorded successfully. Be sure to tune in to this week's show to hear the results. h4 { font: 13px arial, verdana, helvetica, tahoma, sans serif; font-weight: bold; margin: 0; color: #000; } p { font: 12px; color: #000; } Lilly Posts Q4, 2005 Profit InsideIndianaBusiness.com Report 1/26/2006 6:39:21 AM Eli Lilly and Co. (NYSE:LLY) is reporting a fourth quarter profit of $700.6 million, or $0.64 per share, compared to a loss for the same period the previous year. The company says 2005 earnings also increased to $1.980 billion, or $1.81 per share. Source: Inside INdiana Business Press Release INDIANAPOLIS, Jan. 26 -... Ely Lilly Posts Profit Beat...
Ely Lilly Posts Profit Beat
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