Author: Editor

Mounjaro manufactured by Eli Lilly and Company packaging is seen in this illustration photo taken in a pharmacy in Krakow, Poland on April 9, 2024.Nurphoto | Nurphoto | Getty ImagesEli Lilly on Thursday said its blockbuster diabetes drug Mounjaro showed heart health benefits in a late-stage trial directly comparing it to the company’s older diabetes treatment, Trulicity.Mounjaro met the study’s main goal of showing that it wasn’t any worse than Trulicity at treating people with Type 2 diabetes and established cardiovascular disease. Eli Lilly said it believes the new data bolsters the case for Mounjaro to be prescribers’ first choice for…

CVS Health on Thursday reported second-quarter earnings and revenue that topped estimates and raised its adjusted profit outlook, as it sees strength in its retail pharmacy business and some improvement in its insurance unit. Shares of the retail drugstore chain jumped more than 6% in morning trading Thursday.The company now expects fiscal 2025 adjusted earnings of $6.30 to $6.40 per share, up from previous guidance of $6 to $6.20 per share. CVS also cut its GAAP earnings guidance, without disclosing additional details.In an interview, CVS CEO David Joyner said the quarterly beat and guidance hike is in part “a tribute to the…

Comcast beat Wall Street estimates on Thursday for second-quarter earnings and revenue. Yet the company saw a loss of broadband customers even as it shifted its market strategy for the segment.Comcast and its cable peers have been suffering from a slowdown in broadband growth, which has impacted company stocks.Still, Comcast stock was up about 3% in early trading as the company reported fewer-than-expected broadband subscriber losses, based on StreetAccount estimates. On an earnings conference call, Comcast executives mapped out initiatives that were introduced earlier this year meant to drive the broadband business.”While it’s still early days, we like what we…

MLB will be playing its first ever baseball game at Bristol Motor Speedway in Tennessee.MLBMajor League Baseball is taking America’s pastime to an iconic NASCAR track, and the game is set to top league attendance records.On Saturday, MLB will play its first-ever game in Tennessee as part of the MLB Speedway Classic, where the Atlanta Braves will face off against the Cincinnati Reds at Bristol Motor Speedway.It will mark the first time a professional baseball game has ever been played at a professional race car track, and MLB will incorporate NASCAR-themed elements throughout the event.The event is MLB’s latest effort…