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Upcoming Economic Outlook - Report Highlights GlaxoSmithKline plc (ADR) and Bristol Myers Squibb Co.


Published on 2012-06-01 06:11:21 - Market Wire
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June 01, 2012 09:00 ET

Upcoming Economic Outlook - Report Highlights GlaxoSmithKline plc (ADR) and Bristol Myers Squibb Co.

HONG KONG--(Marketwire - Jun 1, 2012) - Today, [ www.BrightonMarkets.com ] announced new reports highlighting GlaxoSmithKline plc (ADR) (NYSE: [ GSK ]) and Bristol Myers Squibb Co. (NYSE: [ BMY ]). Gain market insight with full analysis and research downloads available at [ www.BrightonMarkets.com/index.php?coa=GSK&cob=BMY ].

With markets in correction mode, investors are looking to quantify an accurate model, weighing positives and negatives of the months ahead. Upcoming negative pressures include China's slowdown, the European recession, the end of the Fed's Operation Twist stimulus program, continued geopolitical risks, election uncertainty, and potential 2013 budget bombshell of tax hikes and spending cuts. Meanwhile, positive offsets are driven by central banks (particularly China) cutting rather than hiking rates, deceleration in fuel and food prices, increase in consumer sentiment and resulting retail sales, signs of improvement in housing sales and new strength in auto production schedules.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Brighton Markets is releasing new coverage on GlaxoSmithKline plc (ADR) for its current position within the healthcare industry. GlaxoSmithKline plc (GSK) is global healthcare group, which is engaged in the creation and discovery, development, manufacture and marketing of pharmaceutical products, including vaccines, over-the-counter (OTC) medicines and health-related consumer products. The full research report on GlaxoSmithKline plc (ADR) (NYSE: [ GSK ]) is available here: [ www.BrightonMarkets.com/index.php?coa=GSK ].

Brighton Markets has released research on Bristol Myers Squibb Co. for its changing role within the healthcare industry. Bristol-Myers Squibb Company (BMS) is a global biopharmaceutical company. The Company is engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products on a global basis. Its products are sold worldwide to wholesalers, retail pharmacies, hospitals, government entities and the medical profession. The full research report on Bristol Myers Squibb Co. (NYSE: [ BMY ]) is available here: [ www.BrightonMarkets.com/index.php?cob=BMY ].

About Brighton Markets
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