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Earnings Report

Deal charge pushes drugmaker Eli Lilly to 1Q loss

Eli Lilly and Co. booked a $110.8 million loss in the first quarter, as the drugmaker absorbed a charge tied to its purchase of CoLucid Pharmaceuticals, but the insulin maker's bottom line beat expectations and it reaffirmed its 2017 forecast.

Deal charge pushes drugmaker Eli Lilly to 1Q loss

Eli Lilly and Co. booked a $110.8 million loss in the first quarter, as the drugmaker absorbed a charge tied to its purchase of CoLucid Pharmaceuticals, but the insulin maker's bottom line beat expectations and it reaffirmed its 2017 forecast.

Caterpillar Sales Rise 3.8%

Caterpillar reported a quarterly profit that surged past estimates as sales rose for the first time in more than two years.

Caterpillar Sales Rise 3.8%

Caterpillar reported a quarterly profit that surged past estimates as sales rose for the first time in more than two years.