Wall St. loses ground on growth fears, oil slide
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- Wall St on track for subdued September start as high yields, oil prices dent sentiment
- Oil up more than 2% as renewed US-Iran strikes stoke supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- The Warsh pivot markets didn't expect
- Oil settles up by more than 2.5% as US and Iran resume military attacks
Mizuho Securities Remains Bullish Following Mallinckrodt's (MNK) Solid 2Q Beat
May 4, 2016 7:07 AM EDTMizuho Securities reiterated a Buy rating on Mallinckrodt plc (NYSE: MNK), and raised the price target to $80.00 (from $78.00), following the company's 2Q earnings report. MNK reported revenue of $918M and EPS of $2.01, vs consensus estimates of $872M and $1.73. Management raised EPS guidance to $8.15-$8.50 from... More
