Deep-pocketed investors have adopted a bearish approach towards Eli Lilly ( LLY ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LLY usually suggests something big is about to happen. We gleaned this information...

Plug Power, Inc ( PLUG ). shares are trading higher in the morning session on Wednesday. Plug has provided its financial outlook for 2025, projecting revenue between $850 million and $950 million (street view: $1.185 billion) and a gross margin of -20% to -5%. Looking further ahead, the company aims for a target revenue of approximately $3.75 billion by 2030...

MEXICO CITY, Nov 13 (Reuters) - Mexico announced on Wednesday a plan to simplify its fiscal regime for state oil firm Petroleos Mexicanos, known as Pemex, in effort to boost the producer whose heavy debts have weighed on state coffers. Mexican President Claudia Sheinbaum said in the regular morning press conference that Pemex would pay a general duty of 30%...

08:10 AM EST, 11/13/2024 (MT Newswires) -- Griffon (GFF) said Wednesday that its board has approved an additional $400 million for share repurchases. Since April 2023 the company has repurchased 9.4 million shares, representing 16.4% of outstanding stock, Griffon said. ...