Glaxosmithkline Share News (GSK)

Buy shares of GlaxoSmithKline, Questor said in the Sunday Telegraph. China's £297m fine against GSK for corruption is manageable and has lifted the cloud that hung over the company. The shares have underperformed the wider market and are trading on 15.3 times forecast earnings compared with 22 times for the FTSE 350 pharma sector. With US and UK investigations into alleged corruption continuing, GSK is not out of the woods yet but it is not in those governments' interests to disrupt GSK's drug programmes and trigger job cuts so the shares should recover.African Minerals and London Mining have had their shares hammered by the falling price of iron ore and the ebola outbreak in Sierra Leone, Danny Fortson said in the Sunday Times. The Inside the City columnist said London Mining is looking for an investor to avoid being taken over by its banks. A new financing is rumoured this week. The infrastructure London Mining relies on is controlled by African Minerals, whose main backer is Shandong Iron and Steel. Shandong could swoop to consolidate the companies, or Glencore or Vitol might inject cash, Fortson speculated. Whatever happens, shareholders will suffer.Buy shares of Acal, Midas advised in the Mail on Sunday. The company makes electronic components for products ranging from kitchen gadgets, including Nespresso's temperature sensors, to industrial lasers. The company has expansion plans in Europe, where the market is fragmented, and also has opportunities in Asia and the US. The internet of things, which lets appliances talk to each other, will also increase demand for customised electronics. Analysts expect annual profits almost to double to £12m from £6.3m. The best is yet to come, Midas said.Questor in the Sunday Telegraph has removed its "highly speculative" buy recommendation from WANdisco and now says sell the shares. WANdisco writes software that helps companies sift large amounts of data and its products should be in high demand. But it has struggled to convert interest into paying customers at a fast enough rate. First-half losses doubled and issuing new shares is the only thing keeping WANdisco afloat. Cut losses and move on, Questor advised.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.SF