ELAN News and Press, Elanco Animal Health Incorporated From 02/03/22

Elanco Animal Health Incorporated (NYSE: ELAN) will announce its fourth quarter and full year 2021 financial results on Thursday, February 24, 2022. Elanco will also conduct a conference call on that day with the investment community and media to further detail the company’s perf...

Elanco Animal Health has digested the Bayer deal and even announced another bolt-on deal last year. This bolt-on deal makes that leverage reduction trails my estimates a bit. Adjusted earnings are stuck around a dollar, as cost-saving effects and leverage reduction are needed to d...

FDA issues approval for new, prescription medication to control postoperative pain associated with surgical procedures in cats, expanding Elanco’s pain portfolio. With the U.S. Food and Drug Administration (FDA) approval of Zorbium™ (buprenorphine transdermal solut...

Elanco Animal Health Incorporated (NYSE: ELAN) will participate in the 40 th Annual J.P. Morgan Healthcare Conference on Tuesday, January 11, 2022. Jeff Simmons, president and CEO, will represent the company and respond to questions from analysts. He is scheduled to present at 10:30...

Elanco (ELAN -1.9%) reveals plan to cut 380 positions in its workforce, including 20% of its senior management, in a move of organisational restructuring. The process is to cost about $89-$94M in severance pay during the fourth quarter for which Elanco lowers its earnings guidance. Revised Q4...

Streamlining and simplifying organizational structure to reduce complexity and focus investments in priority areas that drive growth and innovation. Eliminating approximately 380 positions, including approximately 20% of Elanco’s senior management, creating a fourth quarter...

Soros' 13F portfolio value decreased from $5.93B to $5.42B this quarter. The number of positions decreased from 257 to 250. Soros increased General Motors and Aramark while reducing Amazon.com, Alphabet, and Invesco QQQ Trust ETF. Liberty Broadband at ~12% of the portfolio is by f...

Elanco Animal Health Incorporated (NYSE: ELAN) will participate in the Evercore ISI 4th Annual HealthCONx Conference on Tuesday, November 30, 2021. Jeff Simmons, president and CEO, will participate in a virtual fireside chat at 1:50 p.m. ET. A live audio webcast will be available in...

Soros Fund Management takes new stakes in Hyzon Motors (HYZN +7.2%) with 950K shares, Hill-Rom Holdings (HRC +0.2%) (515K shares) and Coupang (CPNG +5.5%)  (500K shares), according to the fund's latest 13F filing. Exits Clarivate (CLVT +3.0%), Otis Worldwide (OTIS -1.9%), and Axalta Coat...

Johnson & Johnson's (NYSE:JNJ) decision to split into two companies may just be the tip of the iceberg. Merck & Co. (NYSE:MRK) could also look to spin off its animal health unit after bulking it up, Oppenheimer & Co. analyst Jared Holz said in an interview on Friday on C...