Monday, October 6, 2008

Covance, Eli Lilly Complete 1

cash deal, 7.7% higher than its Friday close. Wilens disclosed financial ties to both of those companies and several others, including Eli Lilly and Co. Eli Lilly shares recently fell $2.96 , or 7.2%, to $38.34 on volume of 14 million compared with average daily volume of 6 million. He thinks the CAPS screen is the new four square. Eli Lilly is a Motley Fool Income Investor recommendation. The Fool's disclosure policy calls spikes. Eli Lilly & Co. said its board approved an acquisition of ImClone Systems Inc. for more than $6 billion. �� Eli Lilly & Co. Moody's Investors Service signalled it may downgrade Eli Lilly and Co. Eli Lilly (NYSE: LLY) opened at $40.64. So far today, the stock has hit a low of $39.21 and a high of $40.70. Shares of ImClone rose 4.4%, or $2.83, to $67.79, in early morning trading, while Eli Lilly fell 3.8%, or $1.56, to $39.75. Eli Lilly & Co. said its board approved an acquisition of ImClone Systems Inc. for more than $6 billion. Shares of ImClone Systems Inc. gained following reports that Eli Lilly & Co. �� The drugmaker Eli Lilly & Co. said Monday it has agreed to buy biotechnology company ImClone Systems Inc. ImClone Systems Inc. climbed 2.2 percent to $66.39 in Germany after Eli Lilly & Co. Eli Lilly and Co. (LLY: News ) said it agreed to buy ImClone Systems Inc. based drug development company Covance, Inc. with Eli Lilly & Co. TV18. Shares of Covance rose 78 cents to close at $84.99, while shares of Eli Lilly fell $1.24 to close at $41.31 Friday.

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