Eli Lilly Stock Falls as Sales Outlook Weakens | Global News Avenue

Major U.S. stock indexes were mixed on Tuesday following the latest news. Producer Price Index (PPI) Data showed wholesale prices rose less than expected in December. A weak PPI report helped ease some concerns about sticky inflation Wednesday morning. Consumer Price Index (CPI) Report.

The S&P 500 was volatile during the session, swinging up and down from the opening price before closing up just 0.1%. Dow Jones rose 0.5% perform well from several of its industrial components, while the high-tech Nasdaq down 0.2%.

Among the S&P 500’s top gainers on Tuesday was construction and industrial equipment provider United Rentals (Uniform Resource Identifier) signed a $4.8 billion deal to acquire heavy equipment rental company H&E Equipment Services (song). United Rentals said it plans to get Reflecting its strategy to grow its core business, H&E’s assets enhance its capabilities in key U.S. markets. United Rentals shares rose 5.9% on Tuesday, the biggest gain among S&P 500 stocks. H&E share price soarsthe value more than doubled.

Shares of industrial chemicals maker Celanese (CEShares rose 5.4% after Bank of America upgraded the stock to “buy” from “underperform.” Analysts attribute double upgrade to stock’s appeal Valuation and expectations for improvements in the acetyl market. In addition to anticipating a recovery in demand for Celanese products, especially in India, the Bank of America team noted, free cash flow The chemicals maker should be helped to address its debt leverage problem.

Vistra’s gains of more than 250% in 2024 made the power generation company’s stock one of the best-performing stocks on the S&P 500 that year.visual effects) shares rose 5.2% on Tuesday. Zacks Equities Research highlighted Vistra stock as the “bull of the day” on Monday, reiterating the utility’s opportunity to meet high levels of energy demand from artificial intelligence data centers and noting that consensus estimates point to Vistra’s already impressive The earnings growth trajectory is likely to accelerate this year.

A positive update from Bank of America also helped boost GE Vernova (GEV) shares rose 4.2% on Tuesday. Bank of America analysts raised their price target energy equipment company stocks, Separate from General Electric last year. This reflects a positive view of GE Vernova’s position in the gas turbine market, which has benefited from strong pricing trends in recent years.

Pharmaceutical giant Eli LillyLi Lai) lowered its full-year revenue forecast, citing concerns about its diabetes and weight-loss treatments Mounjaro and Zepp Bond High expectations may not be met. The company has been investing heavily to increase production capacity to meet growing demand for the blockbuster drug. Shares of Eli Lilly fell 6.6%, the day’s biggest decliner on the S&P 500.

Charles River Laboratories Stock (CRL) shares fell 6.3% after the preclinical and clinical medical research company released a disappointing preliminary report Profit guidance Charles River said it expects full-year 2025 organic revenue to decline at a similar rate to last year, forecasting from biotechnology company But demand from big pharmaceutical companies is limited. Analysts at JPMorgan and Bank of America reiterated their “neutral” ratings on Charles River stock after updating their forecasts.

Las Vegas Sands Corporation (LVSShares of the casino operator fell about 4% after Morgan Stanley downgraded the casino operator’s stock to “equal weight” and lowered its price target. Analysts pointed to slower customer growth trends in Singapore and more limited customer expectations. China’s economic growth as factors that may impact the performance of resorts and gaming companies.