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ImClone Systems Incorporated

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Top ImClone Systems Incorporated Articles

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  • Class acts amid the meltdowns in the Olympics

    Sasha Cohen, Kimmie Meissner and Emily Hughes aside, it's easy to think of these Winter Olympics as another depressing reality show, only without a lot of bad singing or Donald Trump and his lacquered hair reducing some poor apprentice to tears. Look...
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  • Eli Lilly agrees to buy ImClone for over $6B

    INDIANAPOLIS (AP) - Indianapolis-based Eli Lilly & Co. has agreed to buy biotechnology company ImClone Systems Inc. for more than six billion dollars in a deal that would expand Lilly's cancer treatment pipeline. The deal will add Erbitux, a treatment...
  • Lilly to post 2008 loss on ImClone costs

    Eli Lilly & Co. says hefty costs related to its $6.5 billion acquisition of ImClone will force the drugmaker to post a loss for 2008 and significantly lower earnings for 2009. The Indianapolis-based company warned of slower sales growth due to the...
  • Eli Lilly reports 4Q loss on ImClone costs

    INDIANAPOLIS (AP) - Indianapolis-based drugmaker Eli Lilly & Co. swung to a fourth-quarter loss on charges from buying cancer-drug maker ImClone Systems Inc. But Lilly's earnings, without acquisition charges, beat analyst estimates despite flat sales and...
  • Martha 'not afraid' to serve 5 months

    After making an unabashed sales pitch for her products, an unremorseful Martha Stewart said she isn't afraid to serve five months behind bars for lying about a stock sale. Her former broker, Peter Bacanovic, also drew a five-month sentence when he...
  • Stewart quits company board

    Martha Stewart on Monday resigned as a board member and officer of her multimillion-dollar media company, Martha Stewart Living Omnimedia Inc., after being convicted earlier this month of obstructing a stock-sale investigation. Yet Stewart did not...
  • 'No one is immune'

    Martha Stewart's criminal conviction sends the message that the government will zealously pursue those it suspects of insider trading, even when the parties involved are deep-pocketed, powerful and well-connected, legal experts say. It is a message...
  • Martha Stewart guilty

    Martha Stewart, who built a media and consumer goods empire that brought gracious living into everyday Americans' homes, faces prison after her conviction Friday on four felony counts related to a questionable stock sale. Stewart's former stockbroker and...