Glaxosmithkline Share News (GSK)

- Markets eye inflation data- BoE Inflation Report due tomorrow- Corporate earnings come in mixedtechMARK 2,636.87 -0.14%FTSE 100 6,706.83 -0.32%FTSE 250 15,395.24 -0.16%UK markets opened lower on Tuesday morning as investors refrained from building positions ahead of domestic inflation data.The figures are likely to be closely scrutinised ahead of the release of the Bank of England's November Inflation Report tomorrow along with the monthly unemployment figures.The consumer price index (CPI) is expected to have risen at an annual rate of 2.5% in October, down from 2.7% the month before and representing a six-month low."This would move us closer towards a 'safe' inflation environment where interest rates are unlikely to be raised as a result of high inflation," said Market Analyst Craig Erlam from Alpari. "Thus should we see the CPI figure come in at or below 2.5% it would likely be viewed as positive for a continuation of loose monetary policies going forward," he said. Markets give mixed response to earningsBuilding materials giant CRH gained after reporting a 2% increase in like-for-like sales in the third quarter, a strong turnaround after a 6% decline in the first half owing to difficult weather conditions. The company also hiked its target for cost savings this year after an acceleration in its ongoing spend reduction programme in Europe.Vodafone was subdued early on after the 4.9% fall in second-quarter organic revenues was slightly worse than analysts had forecast. Chief Executive Vittorio Colao admitted trading conditions in Europe remained "very tough".Land Securities edged higher after the property firm posting improved revenue profit and net asset value during the first half and saying it is confident of delivering future progress.Life insurance investment vehicle Resolution erased early losses to trade higher after a mixed third quarter, as significant growth in UK new business in the was outweighed by a more subdued performance overseas.Babcock, the engineering support services company, fell after a broadly in-line first-half report in which it lifted its dividend by 10% following a 32% jump in pre-tax profits.Meanwhile, GlaxoSmithKline fell after its heart disease drug, darapladib, missed a key milestone in its development. FTSE 100 - RisersCRH (CRH) 1,616.00p +3.66%British Sky Broadcasting Group (BSY) 844.00p +1.81%Sainsbury (J) (SBRY) 397.80p +0.96%Rexam (REX) 531.50p +0.66%Antofagasta (ANTO) 823.50p +0.61%ITV (ITV) 188.50p +0.59%Kingfisher (KGF) 388.30p +0.57%Standard Life (SL.) 346.70p +0.55%International Consolidated Airlines Group SA (CDI) (IAG) 384.80p +0.52%Aggreko (AGK) 1,580.00p +0.51%FTSE 100 - FallersFresnillo (FRES) 928.50p -2.52%Anglo American (AAL) 1,447.00p -1.83%Standard Chartered (STAN) 1,484.00p -1.62%Royal Bank of Scotland Group (RBS) 334.60p -1.53%GlaxoSmithKline (GSK) 1,628.50p -1.33%Tullow Oil (TLW) 903.50p -1.31%BG Group (BG.) 1,267.50p -1.13%Coca-Cola HBC AG (CDI) (CCH) 1,747.00p -1.13%Aberdeen Asset Management (ADN) 431.80p -1.10%Mondi (MNDI) 1,039.00p -0.95%FTSE 250 - RisersOxford Instruments (OXIG) 1,356.00p +10.51%TalkTalk Telecom Group (TALK) 265.00p +6.04%Premier Farnell (PFL) 237.80p +4.53%Bank of Georgia Holdings (BGEO) 2,089.00p +3.06%Renishaw (RSW) 1,736.00p +2.18%BTG (BTG) 432.40p +1.91%Dialight (DIA) 913.50p +1.84%Catlin Group Ltd. (CGL) 530.50p +1.24%PZ Cussons (PZC) 378.20p +1.07%Kenmare Resources (KMR) 21.33p +1.04%FTSE 250 - FallersMenzies(John) (MNZS) 772.50p -5.74%Balfour Beatty (BBY) 270.70p -4.51%Hunting (HTG) 829.00p -3.83%Polymetal International (POLY) 549.00p -3.26%Xaar (XAR) 903.50p -2.32%Evraz (EVR) 121.60p -2.17%Synthomer (SYNT) 229.00p -1.89%Rank Group (RNK) 146.50p -1.88%IP Group (IPO) 152.60p -1.86%Daejan Holdings (DJAN) 4,035.00p -1.82%BC