Articles by: Evan Dion

Airbus Earnings Increase in First Nine Months But Full-Year Delivery Target Seen as ‘Greater Stretch’

October 31, 2018 at 9:55 am

European planemaker Airbus (AIR.PA) posted an increase in its earnings in the first nine months on Wednesday but warned that its delivery target for the full year was becoming a “greater stretch” due to the late availability of engines in its first half as well as industrial challenges. With regard to full-year deliveries, the company said that its A320neo ramp-upRead More

Lilly Spinoff Elanco Animal Health Seeks to Raise $1.45 Billion in Initial Public Offering

September 6, 2018 at 8:51 am

Eli Lilly and Company (LLY) spinoff Elanco Animal Health Inc. said in a regulatory filing on Thursday that it will raise up to $1.45 billion in its initial public offering. The company said in a filing with the Securities and Exchange Commission that it will offer 62.9 million shares of common stock for $20 to $23 per unit under theRead More