We would love to hear your thoughts about our site and services, please take our survey 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: 1,715.50
Bid: 1,715.00
Ask: 1,716.00
Change: 10.50 (0.62%)
Spread: 1.00 (0.058%)
Open: 1,705.00
High: 1,717.00
Low: 1,695.50
Prev. Close: 1,705.00
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-Primus telecommunications, Verizon, Morgan Stanley

Thu, 18th Apr 2013 18:09

(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/faq23t)

April 18 (Reuters) - Some U.S. stocks on the move onThursday:

WALL ST SLIDES FURTHER, UPTREND IN PERIL

Stocks fell after data showed signs of slower growth aheadfor the U.S. economy, with traders zoning in on technicals toanticipate the market's next move. The Dow Jones industrialaverage fell 52.19 points or 0.36 percent, to 14,566.40,the S&P 500 lost 6.82 points or 0.44 percent, to 1,545.19and the Nasdaq Composite dropped 26.03 points or 0.81percent, to 3,178.64.

** VERIZON COMMUNICATIONS INC, $51.28, up 3.5 pct(1339 ET)

The telephone company reported a higher-than-expectedfirst-quarter profit, driven by strength in its wirelessbusiness.

** MORGAN STANLEY, $20.51, down 4.5 pct (1339 ET)

The sixth-largest U.S. bank by assets said revenue fromcommodities trading fell sharply in the first quarter and it wasworking to dispose of nonessential commodity businesses.

** OVERSTOCK.COM INC, $15.23, up 33 pct (1357 ET)

The discount e-retailer reported a 19 percent jump inrevenue helped by higher average order size. Gross profit in thequarter also improved due to a shift to higher margin home andgarden products, and lower warehousing costs, in turn boostingprofit.

** PRIMUS TELECOMMUNICATIONS GROUP INC, $12.25, up24 pct (1209 ET)

The advanced communication solutions provider said onWednesday it sold its data center operations in Canada,Blackiron Data ULC, to Rogers Communications Inc for about C$200million ($195.15 million).

Primus provides domestic and international long-distance,Internet service, and Voice over Internet Protocol (VOIP). Thestock, trading nearly ten times its average 10-day volume, wasthe top percentage gainer on the New York Stock Exchange at 1209ET.

** SINOVAC BIOTECH LTD, $3.79, down 8.2 pct (1357ET)

The pharmaceutical company said fourth-quarter revenue fellto $19 million, from $21.1 million a year ago, as the companyrecorded no sales of its H1N1 flu vaccine in the quarter endedDec. 31.

** NORTHWEST BIOTHERAPEUTICS INC, $3.76, down 3.6pct (1356 ET)

The company entered into an agreement with ahealthcare-dedicated institutional investor for a registereddirect placement of $10 million of its common stock. Northwestalso said it will issue warrant coverage of 40 percent to theinvestor to buy shares of common stock at an exercise price of$4.29 per share.

** PEABODY ENERGY CORP, $20.57, up 8 pct (1356 ET)

** ARCH COAL INC, $5.04, up 11 pct (1404 ET)

The world's largest private sector coal miner reported asmaller-than-expected first-quarter loss on Thursday as itpushed to cut costs in a tough market, but revenue fell justshort of analysts' expectations.

Shares of peer Arch Coal were also up on the news.

** TAMINCO CORP, $14.25 (1215 ET)

The company's shares fell as much as 8 percent in theirtrading debut, valuing the company at nearly $900 million, wellbelow the price Apollo Global Management LLC paid toacquire the chemical maker from CVC Capital Partners in 2011.

** PEPSICO INC, $81.66, up 4 pct (1356 ET)

The maker of Pepsi sodas, Tropicana juices, Frito-Lay snacksand Quaker oatmeal reported better-than-expected first-quarterearnings, as price increases helped margins.

** GREENHILL & CO INC, $46.20, down 10 percent (1355ET)

The boutique investment bank reported first-quarter resultson Wednesday that widely missed estimates due to an investmentloss of $1.9 million compared to an investment gain of $9.4million in the year-earlier quarter.

At least four brokerages cut their price target on thecompany' stock.

** EAST WEST BANCORP, $23.08, down 4 pt (1354 ET)

The bank reported quarterly results on Wednesday that beatestimates, but net interest margin declined due to reducednon-covered loan portfolio yields.

BMO Capital Markets cut its rating on the company's stockto "market perform" from "outperform," while Sterne Ageedowngraded it to "neutral" from "buy" and lowered its pricetarget to $25 from $26.

** ESCO TECHNOLOGIES INC, $35.54, down 5.3 pct (1219ET)

Brokerage Oppenheimer & Co downgraded the engineeredproducts maker to "perform," saying project delays in the USwater market and fewer COOP deliveries lower Esco's near-termoutlook.

Wedbush Securities cut its target price to $48 from $50.

** SELECT COMFORT CORP, $18.04, up 3 pct (1357 ET)

Specialty mattress maker Select Comfort said it would revertto its earlier marketing strategy after a shift in advertisingreduced exposure of its products to already cautious customersand hit sales.

"While management clearly took their eye off the ball on themarketing, they are aggressively working to rectify thesituation and are seeing improvements in the business as aresult," Joan Storms of Wedbush Securities wrote in a note.

** UNIVERSAL FOREST PRODUCTS INC, $37.03, up 8.6pct (1353 ET)

The maker of wood and wood-alternative products reported itsfirst-quarter profit that beat analysts' estimates withincreased sales in each of its units due to 42.9 percentincrease in the lumber market.

** J.C. PENNEY, $15.03, up 1.7 pct (1259 ET)

** MACYS INC, $43.12, down 1.2 pct (1259 ET)

New York appeals court judge, Justice Richard Andrias, ruledthat J.C. Penney could sell Martha Stewart goods under a "JCPEveryday" label for now, pending an appeal by Macy's.

** COINSTAR INC, $54.47, down 3.5 (1353 ET)

Brokerage ITG Research lowered its revenue estimates for theoperator of Redbox video rental kiosks, citing weak March salestrends, the flyonthewall.com reported.

** DANAHER CORP, $58.22, down 2.5 pct (1353 ET)

The industrial and healthcare conglomerate's first-quarterprofit missed analysts' estimates as operating margin at itslargest business, life sciences & diagnostics, fell about 60basis points. The company also forecast second-quarter earningsbelow analysts' estimates.

** CORE LABORATORIES NV, $137.44, up 9 pct (1351 ET)

The oilfield services company reported its first-quarterprofit on Wednesday that topped analysts' expectations, asrevenue from its production enhancement operations, which dealswith increasing oilfield recovery factor, rose 11 percent.

** NOBLE CORP, $36.26, up 4 pct (1351 ET)

The owner of the world's third-largest offshore drillingfleet said Royal Dutch Shell Plc was in talks to extendits contract to use the Noble Discoverer beyond February 2014,underlining its long-term plans for the offshore Arctic.

GOLD STOCKS

** RANDGOLD RESOURCES LTD, $70.78, up 6 pct (1351ET)

** NEWMONT MINING CORP, $32.76, up 1.3 pct (1351 ET)

** ANGLOGOLD ASHANTI LTD, $17.90, up 2 pct (1351 ET)

** BARRICK GOLD CORP , $17.78, up 1 pct(1351 ET)

** FIRST MAJESTIC SILVER INC, $11.62, up 6 pct (1351ET)

** YAMANA GOLD INC, $11.53, up 4 pct (1351 ET)

** KINROSS GOLD CORP, $5.30, up 6 pct (1351 ET)

Gold rallied on Thursday in Europe after volatile Asiantrade saw prices slide towards two-year lows hit earlier in theweek, with strong physical buying set against exits fromexchange-traded funds. The sharp drop in prices has triggered aspate of buying in gold bars, coins and nuggets in Asia, whileU.S. gold coins have flown off dealers' shelves.

** EXACT SCIENCES CORP, $7.95, down 20.2 pct (1348ET)

The company said its molecular screening test for colorectalcancer met its goals in a large late-stage study, detecting thedisease in more than 90 percent of patients, but its sharesplummeted as much as 30 percent as the results were not asrobust as some were expecting.

** TRAVELZOO INC, $24.30, up 12 pct (1348 ET)

The online travel deals company reported a 7 percent rise infirst-quarter revenue, with its Europe travel business growing14 percent.

** THERAVANCE INC, $32.07, up 14.5 pct (1348 ET)

An advisory panel to the U.S. Food and Drug Administrationhas recommended that the agency approve an experimentaltreatment for smoking-related lung damage made by Britain'sGlaxoSmithKline Plc and Theravance.

** NOKIA OYJ , $3.17, down 11.5 pct (1316ET)

A big fall in sales of the company's basic phonesovershadowed a stronger performance from its Lumia smartphonesin the first quarter, and it said it expected operating marginsto deteriorate.

Chief Executive Stephen Elop said tougher competition wasthe main reason behind the fall in sales of regular mobilephones.

** PHILIP MORRIS INTERNATIONAL INC, $91.67, down 2.5pct (1347 ET)

The company, which sells Marlboro, reported first-quarterprofit that missed estimates as cigarette shipment volumesdeclined 6.5 percent.

** ULTRATECH INC, $31.70, down 13 pct (1405 ET)

The company, which manufactures chip-making equipment,reported lower-than-expected quarterly results.

** PRIVATEBANCORP INC, $18.80, up 8 pct (1347 ET)

The lender reported higher-than-expected quarterly profit,helped by mortgage banking and syndication fee revenue.Non-interest income rose 11 percent to $30.5 million.

** UNIPIXEL INC, $33.24, down 12.7 pct (1346 ET)

The LCD film maker said its offering of 1.2 million shareswas priced at $32 per share, a 16 percent discount to thestock's closing price on Wednesday.

** PPG INDUSTRIES INC, $140.16, up 6 pct (1345 ET)

The protective and decorative coatings maker reported aquarterly profit that beat analysts' estimates, helped by astrong demand in North America and Asia, and said it expects thepositive momentum in these geographies to continue in the secondquarter.

PPG also approved its quarterly dividend to 61 cents pershare from 59 cents per share.

** UNION PACIFIC CORP, $142.91, up 4.3 pct (1345 ET)

The No.1 U.S. railroad reported a strong first quarter ashigher freight rates offset a decline in coal shipments, and thecompany said it expects to ship more of the commodity in thecurrent quarter.

HEALTH INSURER STOCKS

** UNITEDHEALTH GROUP INC, $60.05, down 3 pct (1344ET)

** HUMANA INC, $72.49, down 3 pct (1344 ET)

** AETNA INC, $54.52, down 1.4 pct (1344 ET)

** WELLCARE HEALTH PLANS INC, $57.53, down 3 pct(1344 ET)

** MOLINA HEALTHCARE INC, $32.89, down 1 pct (1344ET)

** UNIVERSAL AMERICAN CORP, $8.78, down 2.2 pct(1344 ET)

** CENTENE CORP, $44.52, down 1.3 pct (1344 ET)

** WELLPOINT INC, $67.67, down 2 pct (1344 ET)

Shares of U.S. health insurers were down, a day after thelargest U.S. health insurer UnitedHealth reported bleakfirst-quarter profit due to lower government payments for itsprivate Medicare services and prescription plans for olderAmericans, and cut its 2013 revenue expectation.

** ALLISON TRANSMISSION HOLDINGS INC, $21.94, up3.7 pct (1341 ET)

The maker of fully-automatic transmissions said late onWednesday that investment funds affiliated with Carlyle Group LP and Onex Corp would not proceed with a secondaryoffering of Allison Transmission's common stock due to marketconditions.

** EBAY INC, $52.97, down 5.6 pct (1341 ET)

The e-commerce company gave a disappointing earningsforecast for the second quarter and said Europe was weak,pushing its shares lower in after-hours trade. (Compiled by Aditi Shrivastava; Editing by Joyjeet Das)

More News
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
16 Jan 2024 08:15

UBS downgrades AstraZeneca to 'sell'

(Sharecast News) - UBS has downgraded AstraZeneca and upgraded rival GSK as part of its latest review of the European pharmaceutical sector.

Read more
16 Jan 2024 07:37

LONDON BRIEFING: UK jobless rate sticks at 4.2% but pay growth slows

(Alliance News) - Stocks in London are called to open lower on Tuesday, following data showing that the UK jobless rate was unchanged at 4.2% as pay growth slowed.

Read more
15 Jan 2024 08:42

Zantac fallout unfairly weighing on GSK, says Shore Capital

(Sharecast News) - Shore Capital has raised its target price and maintained a positive stance on biopharma giant GSK, saying that worries about the potential cost of Zantac litigation are unfairly weighing on the stock.

Read more
10 Jan 2024 09:35

LONDON BROKER RATINGS: BofA cuts Ashtead; UBS likes 3i Group

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
10 Jan 2024 08:25

GSK says Nucala gets green light in China for asthma treatment

(Alliance News) - GSK PLC on Wednesday said Nucala has been approved in China for the treatment of severe asthma.

Read more
10 Jan 2024 07:22

GSK's Nucala gets fresh approval in China

(Sharecast News) - GSK announced on Wednesday that the China National Medical Products Administration (NMPA) has granted approval for 'Nucala', or mepolizumab, as an add-on maintenance treatment for severe eosinophilic asthma in adults and adolescents aged 12 years and older.

Read more
9 Jan 2024 16:22

London close: Stocks finish red after choppy session

(Sharecast News) - London stocks had turned back into the red by the close on Tuesday, with recruitment firms and asset managers pacing the declines after some disappointing corporate updates.

Read more
9 Jan 2024 08:03

TOP NEWS: GSK to buy Aiolos Bio for up to USD1.4 billion

(Alliance News) - GSK PLC on Tuesday said it will acquire asthma drug developer Aiolos Bio Inc for USD1 billion upfront, as well as up to USD400 million in certain success-based milestone payments.

Read more
9 Jan 2024 07:16

GSK buys respiratory drug maker Aiolos for $1bn

(Sharecast News) - GSK said it was buying Aiolos, a clinical-stage biopharmaceutical company focused on treatment of respiratory and inflammatory conditions, for up to $1.4bn (£1.1bn).

Read more
8 Jan 2024 23:39

Pfizer to remain aggressive on obesity market after setback

NEW YORK, Jan 8 (Reuters) - Pfizer will remain aggressive in trying to break into the lucrative obesity market, even after dropping a high profile weight-loss drug candidate late last year due to strong side effects, Chief Executive Albert Bourla said on Monday.

Read more
8 Jan 2024 23:00

Pfizer to remain aggressive on obesity market after setback

NEW YORK, Jan 8 (Reuters) - Pfizer will remain aggressive in trying to break into the lucrative obesity market, even after dropping a high profile weight-loss drug candidate late last year due to strong side effects, Chief Executive Albert Bourla said on Monday.

Read more
8 Jan 2024 19:02

Moderna says it hit its 2023 COVID vaccine sales goal

Jan 8 (Reuters) - Moderna on Monday said its 2023 COVID vaccine sales would be around $6.7 billion, coming in above the lower end of its full-year forecast, and reiterated its goal of returning to sales growth in 2025.

Read more
4 Jan 2024 14:01

UK dividends calendar - next 7 days

Friday 5 January 
British Land Co PLCdividend payment date
Hill & Smith PLCdividend payment date
JD Sports Fashion PLCdividend payment date
JPMorgan Global Growth & Income PLCdividend payment date
Liontrust Asset Management PLCdividend payment date
Lok'n Store Group PLCdividend payment date
Real Estate Credit Investments Ltddividend payment date
RS Group PLCdividend payment date
Tate & Lyle PLCdividend payment date
Monday 8 January 
abrdn Equity Income Trust PLCdividend payment date
Intermediate Capital Group PLCdividend payment date
Tuesday 9 January 
no events scheduled 
Wednesday 10 January 
Assura PLCdividend payment date
Bellway PLCdividend payment date
Fidelity Special Values PLCdividend payment date
LXi REIT PLCdividend payment date
Severn Trent PLCdividend payment date
Volex PLCdividend payment date
Vp PLCdividend payment date
Thursday 11 January 
AJ Bell PLCex-dividend payment date
Ashtead Group PLCex-dividend payment date
BlackRock Latin American Investment Trust PLCex-dividend payment date
CMC Markets PLCdividend payment date
dotdigital Group PLCex-dividend payment date
Ecora Resources PLCex-dividend payment date
European Assets Trust PLCex-dividend payment date
Foresight Group Holdings Ltdex-dividend payment date
GSK PLCdividend payment date
ICG-Longbow Senior Secured UK Property Debt Investments Ltdex-dividend payment date
JPMorgan Asia Growth & Income PLCex-dividend payment date
Keystone Positive Change Investment Trust PLCex-dividend payment date
LondonMetric Property PLCdividend payment date
Murray International Trust PLCex-dividend payment date
National Grid PLCdividend payment date
Primary Health Properties PLCex-dividend payment date
Sage Group PLCex-dividend payment date
Smiths News PLCex-dividend payment date
SSE PLCex-dividend payment date
Supermarket Income REIT PLCex-dividend payment date
TR Property Investment Trust PLCdividend payment date
Walker Crips Group PLCex-dividend payment date
WH Smith PLCex-dividend payment date
Worldwide Healthcare Trust PLCdividend payment date
XPS Pensions Group PLCex-dividend payment date
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
3 Jan 2024 17:48

London close: Stocks fall amid rising geopolitical concerns

(Sharecast News) - London stocks closed lower on Wednesday - the 40th anniversary of the FTSE 100's launch - as sentiment remained cautious due to increasing tensions in the Middle East.

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.