Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video 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: 1,741.50
Bid: 1,741.50
Ask: 1,742.00
Change: 8.00 (0.46%)
Spread: 0.50 (0.029%)
Open: 1,736.00
High: 1,750.00
Low: 1,736.00
Prev. Close: 1,733.50
GSK Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday share tips: GlaxoSmithKline, Low&Bonar

Sun, 05th Feb 2017 16:44

(ShareCast News) - GlaxoSmithKline chief Sir Andrew Witty will leave on a high note, leaving the company he joined in 1985 on a solid footing, and the outlook is still positive under incoming head Emma Walmsley, The Sunday Times´s Peter Evans said in his Inside the City column.A year and a half ago, Witty had just avoided becoming embroiled in a bribery scandal in China and the drug-maker's had yet to emerge from a deep funk, amid speculation that the cherished dividend might be axed.Instead, Witty´s focus on marketing cheap drugs - in huge volumes - instead of developing high-priced medicines for rare ailments has payed off.Full-year 2016 figures set for release on Wednesday are expected to reveal top-line growth of 15.9% to £27.7bn, a dividend yield at 6.5%.The company´s stock is also 40% higher than when he took over at the helm.Witty´s strategy looks especially prescient given the new US president´s offensive against drug pricing.Nonetheless, incoming boss Walmsley has zero experience in developing new drugs, having overseen the company´s consumer arm for six years.Thus, some investors are cautious.Tempus admitted as much but said, "backing the new boss is undoubtedly a leap of faith but one worth taking. Buy." Things were looking up for Low & Bonar, the Mail on Sunday´s Midas column argued, pointing to its boss´s stated strategy of growing its footprint in China and the US, changes made to the way the company was organised and multiple trends which it believed should favour the company.Brought in at the end of 2014, chief Brett Simpson had re-organised the high-performance polymers-maker along global product lines, instead of geographical regions, setting clear profitability targets for each arm.Dundee-based Low & Bonar derived 65% of sales from Europe, 20% from the States and another 15% from the rest of the world.Simpson had already made significant progress, but the best was yet to come, Midas added, with its Chinese and US operations set to benefit from increased infrastructure investment.Furthermore, the high-end materials in which it specialised were difficult to copy and would benefit from various other trends such as spending on roads and rail, clean air and water and a shift towards lighter, durable and flexible fabrics for construction, the tipster said.Simpson was also determined to grow profits while cutting debt and delivering generous dividends."Buy now, at 71p, and there should be substantial rewards over the next few years," Midas concluded.
More News
Today 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

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

Read more
2 May 2024 19:57

GSK knew about Zantac cancer risk, attorneys tell jury in first trial

May 2 (Reuters) - U.S. attorneys for a woman who claims her colon cancer was caused by the now discontinued heartburn drug Zantac on Thursday told a jury in Chicago that pharmaceutical companies GSK and Boehringer Ingelheim knew the product could cause cancer if it was not handled properly but failed to warn the public.

Read more
2 May 2024 09:48

LONDON BROKER RATINGS: Deutsche Bank likes TP ICAP but says sell CMC

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

Read more
1 May 2024 19:39

Bird flu testing shows more dairy products are safe, US FDA says

CHICAGO, May 1 (Reuters) - Preliminary results of tests on additional dairy products show that pasteurization inactivates the bird flu virus, the U.S. Food and Drug Administration said on Wednesday.

Read more
1 May 2024 17:31

UK's FTSE 100 slips ahead of Fed outcome, energy stocks weigh

FTSE 100 down 0.3%, FTSE 250 off 0.2%

*

Read more
1 May 2024 16:56

LONDON MARKET CLOSE: FTSE 100 down ahead of US interest rate decision

(Alliance News) - Stock prices in London closed mostly in the red on Wednesday, as investors eye the latest interest rate decision from the US Federal Reserve this evening.

Read more
1 May 2024 16:42

London close: Stocks fall ahead of US Fed decision

(Sharecast News) - London markets closed lower on Wednesday, as investors digested the latest UK manufacturing data and anticipated an impending policy announcement from the US Federal Reserve.

Read more
1 May 2024 11:55

LONDON MARKET MIDDAY: FTSE 100 treads water as Fed takes centre-stage

(Alliance News) - London's FTSE 100 traded off session highs heading into Wednesday afternoon, as some pre-Federal Reserve decision nerves kicked in.

Read more
1 May 2024 10:54

GSK raises profit outlook on strong vaccine, HIV drug sales

FY profit forecast raised to 8-10%

*

Read more
1 May 2024 08:57

LONDON MARKET OPEN: FTSE 100 shakes off New York slump before Fed

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 brushing off some pre-Federal Reserve decision trepidation to record an early rise, while the dollar climbed on the expectation that Jerome Powell will sound hawkish in his press conference later.

Read more
1 May 2024 08:50

TOP NEWS: GSK expects momentum to continue after strong first quarter

(Alliance News) - GSK PLC on Wednesday raised its annual earnings forecast, and said it expects sales growth at the top-end of guidance, after a "strong" start to the year.

Read more
1 May 2024 07:46

LONDON BRIEFING: GSK ups outlook; Next first-quarter beats forecast

(Alliance News) - Equities in London are called to open flat on Wednesday, ahead of the latest Federal Reserve interest rate decision, while a host of financial markets in mainland Europe and beyond are closed for public holidays.

Read more
1 May 2024 07:36

GSK lifts annual guidance on strong virus treatment sales

(Sharecast News) - UK pharmaceutical giant GSK lifted annual profits guidance on Wednesday, as it pinned its hopes on demand for its respiratory virus and shingles treatments.

Read more
30 Apr 2024 23:46

First trial over Zantac cancer claims set to begin in Chicago

April 30 (Reuters) - The first trial over claims that blockbuster heartburn drug Zantac, once sold by GSK and other companies, causes cancer is set to begin this week in Chicago.

Read more
30 Apr 2024 22:39

First trial over Zantac cancer claims set to begin in Chicago

April 30 (Reuters) - The first trial over claims that blockbuster heartburn drug Zantac, once sold by GSK and other companies, causes cancer is set to begin this week in Chicago.

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.