On April 20, 2010
Obama Ate My Profits! Lilly Blames Cost of Health Reform, But the Company’s Problems Are Its Own Fault
Eli Lilly (LLY)’s Q1 2010 earnings announcement yesterday was dominated by its revelation that healthcare reform costs will wipe 35 cents a share off its annual guidance, but that’s a minor distraction compared to the real reason Lilly’s net income
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