Sun, Sep 10, 2023 12:45 PM
Barclays on cost-cutting spree, mulling to make hundreds of job cuts
A Flip by Bhavya Sabharwal
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Eli Lilly (NYSE: LLY), a juggernaut on the stock exchange with a $700 billion-plus market capitalization, has a lot going for it these days that should encourage investors. After all, its products are at the forefront of treating diabetes and weight loss.But one thing investors shouldn't expect are huge share buybacks by the company. After all, the pharmaceutical sector requires heavy capital.
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