Earnings
Bristol Myers Squibb Company $BMY Shares Bought by The Manufacturers Life Insurance Company
The Manufacturers Life Insurance Company increased its stake in Bristol Myers Squibb (BMY) by 23.2% in Q2, acquiring an additional 410,243 shares to own 2.18 million shares valued at $125.4 million. Bristol Myers Squibb reported strong quarterly earnings, beating EPS estimates, and its revenue increased by 5.7% year-over-year. Investor sentiment is mixed, with promising CAR-T results and pipeline growth balanced against concerns about patent disputes, generic competition, and cautious analyst ra