Market Commentary and Intraday News
Earnings roundup: MillerCoors, Akorn
315 days ago
By The Associated Press
Among the earnings stories for Tuesday, Aug. 7, from AP Business News:
_ Beer maker MillerCoors said that higher prices and cost management helped lift its net income by 10 percent in the second quarter.
_ Generic drugmaker Akorn Inc. posted strong second-quarter results and raised its expectations for the full year, pointing to revenue from its new version of the antibiotic Vancocin.
_ Acquisitions gave a boost to aircraft parts maker TransDigm Group Inc.'s fiscal third quarter and its net income surged 61 percent as revenue improved.
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