Market dips with Eli Lilly, caution before data
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Stocks fell on Thursday as a drop in Eli Lilly and Co  shares and caution before new home sales data offset optimism about earnings from tech companies Motorola Inc  and EMC Corp .
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Stocks dropped on Friday as investors tempered optimism that the economy may avoid recession, and they locked in profits on banking and pharmaceutical shares after two days of sharp gains.
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Stocks fell on Friday as investors   worried that the economy will slow more sharply than expected,   prompting them to sell shares of big industrial companies such   as heavy equipment maker Caterpillar Inc. CAT.N.
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US STOCKS were knocked lower yesterday as investors worried that rising prices for oil and commodities would dent corporate profits, while drug shares fell on possible stricter scrutiny from regulators.
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Eli Lilly and Co. LLY.N on Thursday  said its third-quarter earnings rose as a drop in sales of its  best selling schizophrenia medication was offset by demand for  drugs to treat depression and impotence.
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Drug stocks continued to slide on the week toward new 52-week lows as a few bright spots were eclipsed by losses in large-cap stocks.
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U.S. stocks fell on Thursday as investors locked in profits ahead of Friday's jobs data that could show further weakening in the economy and possibly send equity markets lower.
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Eli Lilly and Co.  forecast profit gains next year below its expected 2006 growth of 8 percent to 12 percent, held back by higher costs.
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U.S. stocks edged lower on Wednesday after weaker-than-expected data on the U.S. services sector added to concerns about the state of the economy and pushed the Dow back from Tuesday's record high.
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U.S. stocks fell on Thursday as investors locked in profits ahead of jobs data on Friday that could show further weakening in the economy and hurt corporate earnings.
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Eli Lilly & Company said it expected higher costs to keep next yearÂs profit gains below its expected 2006 growth of 8 percent to 12 percent.
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Oil prices slipped from their record highs Wednesday ahead of the weekly report on US inventories, but stocks hovered close to unchanged levels as investors considered the long-term implications of the flu vaccine shortage.
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Eli Lilly and Co.  said on  Wednesday its fourth-quarter earnings fell, hurt by a number of  special charges.
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Stocks fell on Friday as investors   worried that the economy may get bruised by a   sharper-than-expected slowdown, which prompted them to sell   shares of big industrial companies such as heavy equipment   maker Caterpillar Inc. CAT.N.
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US stocks ended the week on a subdued note on Friday when economic data combined with heightened credit concerns sent leading indices lower.
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A disappointing sales forecast from Wal-Mart sent stocks mostly lower yesterday as investors worried that oil prices, which stabilized after last week&#39;s highs, would curb
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Shares of Indianapolis-based drugmaker Eli Lilly and Co. , maker of antidepressant drug Prozac, nudged nearly 1 percent lower on Friday.