GlaxoSmithKline plc (ADR) (NYSE:GSK) (LON:GSK) released the earnings results from its most recently completed quarter this morning, posting core earnings of 27.9 pence per share, excluding divestments.
The business has seen sales in China collapse. And concern about the long-term effect that the corruption case will have on future revenue growth has weighed heavily on GlaxoSmithKline for many months now. So news last month that the case had been ...
There's no denying that Diageo (LSE: DGE) has underperformed this year. Concerns about the company's growth have spooked investors and sales within China have been hit hard by the government's anti-extravagance measures.
GlaxoSmithKline (LSE: GSK) (NYSE: GSK.US) has unfortunately gone one step too far on a number of occasions. The actions of its representatives in China have been put under the spotlight, and now more allegations are emerging from the Middle East.
GlaxoSmithKline plc logo GlaxoSmithKline plc (NYSE:GSK) posted its quarterly earnings results on Wednesday. The company reported $0.90 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.79 by $0.11, AnalystRatings.