* Chances of early consumer unit sale "extraordinarily low" * HIV and new lung drugs lift GSK quarterly sales * Q4 core EPS 18.1p vs consensus 17.9p * Q4 sales 6.29 bln stg vs consensus 6.25 bln (Adds more on options for consumer health business) By Ben Hirschler L
Read more(ShareCast News) - The FTSE 100 was down again on Wednesday, dropping 78.22 points (1.32%) to 5,843.79 by mid-afternoon. Standard Chartered plunged after Citi lowered its target price on the shares of Asia-focused and commodity-exposed lender. The broker described the lender's valuation at 0.5 times
Read moreBy Ben Hirschler LONDON, Feb 3 (Reuters) - GlaxoSmithKline said on Wednesday it would not be pushed into an early spin-off or sale of its consumer health business, despite speculation the unit could be a target for the likes of Reckitt Benckiser or Procter & Gamble. Britain's biggest
Read more** GlaxoSmithKline's shares up 2 pct, 3rd-largest FTSE 100 gainer, having earlier been down as much as 1.5 pct, after posting Q4 revenue and core EPS ahead of analyst consensus ** Q4 core EPS of 18.1p vs Reuters consensus 17.9p, revenue of 6.286 bln stg vs Reuters consensus of 6.256 bln stg
Read more(Repeats with no change in text) LONDON, Feb 3 (Reuters) - Growing demand for new drugs helped GlaxoSmithKline beat forecasts for fourth-quarter earnings by a small margin on Wednesday, offsetting a continued slide in sales of its older Advair respiratory medicine. Sales, in sterling
Read moreLONDON, Feb 3 (Reuters) - Growing demand for new drugs helped GlaxoSmithKline beat forecasts for fourth-quarter earnings by a small margin on Wednesday, offsetting a continued slide in sales of its older Advair respiratory medicine. Sales, in sterling terms, rose 2 percent to 6.29 billion p
Read more(ShareCast News) - GlaxoSmithKline posted full year results showing revenues increasing 6% and core earnings per share down 15%, slightly ahead of guidance, and reiterated its confidence that earnings growth would return in 2016 at double-digit levels. The pension fund favourite said it will pay an
Read more* U.N. agency launches Zika global response unit * Sanofi cites Zika's rapid spread in vaccine effort * Zika linked to severe birth defect microcephaly By Stephanie Nebehay and Dominique Vidalon GENEVA/PARIS, Feb 2 (Reuters) - The Zika virus could spread to Africa, Asia an
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