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GSK GSK plc

43.47
0.12 (0.28%)
Pre Market
Last Updated: 11:18:33
Delayed by 15 minutes
Name Symbol Market Type
GSK plc NYSE:GSK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.12 0.28% 43.47 9,707 11:18:33

ADR Shares End Mixed; GlaxoSmithKline Shares Trade Actively

23/07/2014 11:18pm

Dow Jones News


GSK (NYSE:GSK)
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International stocks trading in New York were mixed on Wednesday. The Bank of New York index of American depositary receipts fell 0.06% to 157.55. The European index decreased 0.07% to 154.95, the Asian index improved 0.24% to 152.43, the Latin American index fell 1% to 309.10 and the emerging markets index decreased 0.08% to 303.77. Among the companies with shares that actively traded was GlaxoSmithKline PLC (GSK, GSK.LN).

GlaxoSmithKline PLC (GSK, GSK.LN) downgraded its earnings outlook for the full year, as its second-quarter profits were hit by weak respiratory-drug sales in the U.S., currency moves and a continuing bribery investigation in China. Shares fell 6% to $50.04.

ABB Ltd. (ABB, ABBN.VX, ABB.SK) reported weaker-than-expected second-quarter earnings as the Swiss engineering giant's performance was weighed down by its power systems division. However, total orders were up 13.47% in the quarter to $10.58 billion. Shares rose 1.5% to $23.79.

Write to Tess Stynes at tess.stynes@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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