The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGlaxosmithkline Share News (GSK)

Share Price Information for Glaxosmithkline (GSK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,773.00
Bid: 2,129.00
Ask: 1,420.00
Change: -1.50 (-0.08%)
Spread: -709.00 (-33.302%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 1,774.50
GSK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

MARKET PULSE-Gigatronics, Everyware, Clovis Oncology, Arctic Cat

Mon, 02nd Jun 2014 16:43

(For more market insights, including options activity, click on ; for the Day Ahead newsletter http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s)U.S. stocks edged lower on Monday, falling from record levels asa weaker-than-expected read on manufacturing gave traders anexcuse to sell. The Dow Jones industrial average was up0.11 percent at 16,735.12 and the S&P 500 was up 0.03percent at 1,924.08.

** GOOGLE INC, $561.33, -1.81 pct

Google services are being disrupted in China ahead of thisweek's 25th anniversary of the 1989 crackdown on pro-democracydemonstrators around Beijing's Tiananmen Square, a censorshipwatchdog said on Monday.

** GIGATRONICS INC, $2.65, +119.01 pct

The company said it had received orders valued at about $6.9million from a major aerospace company for the delivery of YIG(Yttrium Iron Garnet) filters used in wireless communication.Gigatronics did not name the customer but said it "will be asupplier of filter systems for all three of the US designed 4thgeneration fighters." Gigatronics also said it was expecting anorder later this year for about $10 million associated with theproduction units.

** EVERYWARE GLOBAL INC, $1.78, +61.82 pct

The company, which sells dinnerware and kitchen gadgets,said on Saturday that its asset-backed loan lenders agreed notto exercise their rights and remedies till June 30 following adefault on certain covenants.

Everyware said it also intends to partially reopen itsMonaca, Pennsylvania facility.

** BEBE STORES INC, $3.36, -17.55 pct

The women's apparel retailer's Chief Executive SteveBirkhold has sold 140,980 shares of the company at an averageprice of $4.07, a regulatory filing late on Friday revealed. (http://link.reuters.com/beq79v)

** NPS PHARMACEUTICALS INC, $33.92, +8.96 pct

London-listed drugmaker Shire Plc has secured a $5billion credit facility for a takeover offer forNew-Jersey-based NPS Pharmaceuticals, The Times of Londonreported on Sunday. Insiders told The Times that an initialapproach to NPS by Shire has been rebuffed.

** MASTEC INC, $32.18, -10.61 pct

The infrastructure construction company said on Sunday thatit now estimates second-quarter revenue of about $1.1 billion,below its previous forecast of $1.15 billion to $1.2 billion.The company cited lower than previously expected revenue fromwireless projects and the oil and gas segment for the revision.

Stifel Nicolaus cut its price target on the stock to $45from $49 on Monday.

** PROTECTIVE LIFE CORP, $58.5, +11.85 pct

Japanese insurer Dai-ichi Life Co is in advancedtalks to buy U.S. peer Protective Life in a deal that could beworth over $5 billion, extending a drive to buy assets abroad asan antidote to a weak domestic outlook.

** CLOVIS ONCOLOGY,

The company reported positive data from an early stage studytesting its experimental lung cancer drug on Friday, but said 22percent of patients experienced high-blood sugar severe enoughto warrant treatment.

The drug - similar to AstraZeneca Plc's AZD9291 - isdesigned to target non-small cell lung cancer containing agenetic mutation.

** BROADCOM CORP, $34.85, +9.35 pct

The chipmaker said it was looking to sell or wind down itscost-intensive cellular baseband business that is hurting itsoperating income due to high research and development costs.

** ARCTIC CAT INC $33.65, -9.79 pct

The maker of all-terrain vehicles and snowmobiles said ChiefExecutive Claude Jordon has stepped down. The company namedChris Twomey as interim CEO.

** NORDION INC $12.86, +7.62 pct

U.S.-based Sterigenics International has sweetened itstakeover offer for Nordion Inc, the Canadian medicalisotope producer, to $805 million after a previous bid failed toattract enough shareholder support, Nordion said on Monday.

** ARIAD PHARMACEUTICALS INC, $6.94, +7.43 pct

The company said longer-term data from two studies of itsleukemia drug, Iclusig, showed that the drug continues to beeffective in patients who have already received treatment.

Iclusig was allowed a restricted return to the U.S. marketin December, after sales were suspended due to safety concerns.

** JUMEI INTERNATIONAL HOLDING LTD, $29.42, +6.98pct

Brokerage JG Capital initiated coverage on the Chineseonline cosmetics retailer's stock with an "overweight" rating,saying it expects Jumei to benefit from the company's strongbrand awareness, large loyal user base and online shopping'sincreasing penetration in China.

** CONN'S INC, $48.345, +3.66 pct

The electronics and home appliance retailer reported abetter-than-expected profit for the first quarter as furnitureand mattress sales jumped about 65 percent.

** AMERICAN REALTY CAPITAL HEALTHCARE TRUST INC,$10.83, +8.84 pct

** VENTAS INC, $64.49, -3.46 pct

Ventas, one of the largest U.S. healthcare real estateinvestment trusts, said it would buy American Realty CapitalHealthcare Trust in a cash-and-stock deal valued at about $2.6billion.

** PENN VIRGINIA CORP, $14.321, -5.66 pct

The oil and gas producer said it would sell its Mississippiassets to an undisclosed buyer for about $72.7 million. Theassets had net production of about 11.9 million cubic feet ofnatural gas equivalent per day during the first quarter.

** MEADWESTVACO CORP, $42.45, +4.61 pct

Activist investor Starboard Value LP reported a 5.6 percentstake in MeadWestvaco and said the packaging materials maker'sstock was "deeply undervalued".

** CENTURY ALUMINUM CO, $14.095, +3.26 pct

Analysts at BofA Merrill Lynch upgraded the company's stockto "neutral", according to StreetInsider.com.

** EXPRESS INC, $12.52, -0.71 pct

** AEROPOSTALE INC, $3.72, -4.86 pct

Nomura Equity Research cut its price targets on the apparelretailers' stocks. The brokerage cut its price target onExpress's shares to $16 from $20, and on Aeropostale's stock to$5 from $6.

** WALTER ENERGY INC, $4.62, -5.33 pct

** ARCH COAL INC, $3.5, -1.69 pct

** ALPHA NATURAL RESOURCES INC, $3.38, +0.00 pct

** PEABODY ENERGY CORP, $16.2, +0.25 pct

The United States on Monday formally announced a plan toslash carbon emissions from the power sector by 30 percentnationwide below 2005 levels by 2030, a key element of PresidentBarack Obama's plan to tackle global warming.

For a factbox, click

** THERAVANCE BIOPHARMA, $27.94, -2.48 pct

Robert W. Baird & Co analyst Brian Skorney downgraded thebiotechnology company's stock to "neutral" from "outperform",saying, "We think the stock may be particularly volatile in thenear term and see little fundamental upside without betterclarity into acceleration of Breo and Anoro sales."

Breo and Anoro are two FDA-approved treatments developed bythe company in collaboration with GlaxoSmithKline Plc for chronic obstructive pulmonary disease, a serious lungcondition.

Theravance said it would split into two publicly traded U.S.companies in April last year, separating some of its mostadvanced respiratory drugs from its other biopharmaceuticaloperations.

** ALLERGAN INC, $170.25, +1.67 pct

** VALEANT PHARMACEUTICALS INC , $131.39, +0.14 pct

Valeant Pharmaceuticals Inc on Monday prepared totake its $53.8 billion takeover bid for Allergan directly to theBotox maker's shareholders, and ally Pershing Square called fora meeting to turn over the target company's board.

For a BREAKINGVIEWS column,

** RICE ENERGY INC, $31.32, -1.29 pct

** ANTERO RESOURCES CORP, $61.98, +0.78 pct

** CHESAPEAKE ENERGY CORP, $29.21, +1.71 pct

** GULFPORT ENERGY CORP, $61.84, +0.50 pct

** RANGE RESOURCES CORP, $92.54, -0.44 pct

** STONE ENERGY CORP, $43.71, -1.53 pct

Natural gas producer Rice Energy, which went public earlierthis year, said it had successfully tested its first Utica Shalewell in Ohio.

The well, the Bigfoot 9H, had a stabilized production rateof 41.69 million cubic feet per day (mmcf/d) of gas, the companysaid. The market estimate was at about 30 mmcf/d, analysts atTudor, Pickering, Holt & Co said in a note.

The high production rate was a positive for otherexploration and production companies with exposure to the drygas window of the Utica, analysts said.

** AMTRUST FINANCIAL SERVICES INC, $41.43, -2.97pct

An article on Barron's weekly said the property and casualtyinsurer could be under-reserved due to certain accountingdisparities. (http://r.reuters.com/kaq79v)

(Compiled by Shubhankar Chakravorty in Bangalore; Editing bySriraj Kalluvila)

More News
27 May 2024 06:00

US, European nations consider vaccinating workers exposed to bird flu

CHICAGO/LONDON, May 27 (Reuters) - The United States and Europe are taking steps to acquire or manufacture H5N1 bird flu vaccines that could be used to protect at-risk poultry and dairy workers, veterinarians and lab technicians, government officials said, moves influenza experts say could curb the threat of a pandemic.

Read more
24 May 2024 15:19

London close: Stocks mixed after disappointing retail sales data

(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.

Read more
24 May 2024 08:55

LONDON MARKET OPEN: FTSE 100 falls; retail sales plunge in April

(Alliance News) - Stock prices in London opened lower on Friday, with sentiment hurt across the globe.

Read more
24 May 2024 08:36

TOP NEWS: GSK celebrates Illinois jury verdict in Valadez case

(Alliance News) - GSK PLC on Friday welcomed the jury verdict in the Valadez case in Illinois state court, which found in GSK's favour in the first Zantac case to go to trial.

Read more
24 May 2024 07:52

LONDON BRIEFING: UK retail sales fall amid wet April; Co-Op Bank deal

(Alliance News) - Stocks are called to open lower on Friday, following New York lower, as hopes of interest rate cuts have come into question.

Read more
24 May 2024 07:30

Jury rules in favour of GSK in Zantac trial

(Sharecast News) - A court in Illinois has ruled in favour of GSK in the first Zantac case to go to trial, the UK drugs giant confirmed on Friday.

Read more
23 May 2024 19:21

Zantac not a cause of woman’s cancer, jury says in first trial over drug

CHICAGO, May 23 (Reuters) - A jury in Chicago on Thursday rejected an Illinois woman’s claim that the now discontinued heartburn drug Zantac caused her colon cancer, in the first trial out of thousands of lawsuits making similar allegations.

Read more
22 May 2024 22:59

What to know about bird flu in dairy cows and the risk to humans

CHICAGO, May 22 (Reuters) -

Read more
21 May 2024 11:23

AstraZeneca aims for $80 bln in total revenue by 2030

Sees $80 bln in 2030 revenue by 2030

*

Read more
21 May 2024 08:49

GSK's depemokimab asthma treatment meets endpoints in latest trials

(Alliance News) - GSK PLC on Tuesday announced positive results from trials of depemokimab, an "ultra-long-acting biologic" that could simplify treatment options for patients with severe asthma.

Read more
21 May 2024 07:21

GSK reports promising results from asthma treatment trials

(Sharecast News) - GSK announced promising results from phase three clinical trials evaluating the efficacy and safety of depemokimab in treating severe asthma with type 2 inflammation on Tuesday.

Read more
20 May 2024 16:11

IN BRIEF: GSK executive buys GBP20,026 worth shares

GSK PLC - London-based pharmaceuticals firm - Senior Vice President, Global Communications & Chief Executive Office, Sally Jackson, buys 1,120 shares at 1,788 pence each. Worth total GBP20,026.

Read more
17 May 2024 17:38

London's FTSE nudges lower for week after record run

Haleon falls after GSK offloads remaining stake

*

Read more
17 May 2024 15:52

London close: Stocks recoup some earlier losses

(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.

Read more
17 May 2024 11:52

LONDON MARKET MIDDAY: FTSE 100 slides; Eurozone inflation steady

(Alliance News) - Stock prices in London were lacklustre at midday on Friday, as investors eye the trajectory of interest rates across the globe.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.