The Traderszone Network

Published in TZ Latest News 8 July, 2015 by The TZ Newswire Staff

Foreign Drugmakers Seen Posting Big Earnings Increases

Greece and China are the biggest factors affecting the market, but earnings season looms as another big element. Among top foreign stocks, a number of drugmakers are slated to deliver big increases in their bottom lines. Mallinckrodt (MNK) is expected to post fiscal third-quarter earnings of $1.82 a share, up 52% from a year ago. While solid, that would mark a second straight period of slowing growth.

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