Member Info for caitlin1

Might get another boom.

Should have a positive effect on price

LONDON (Alliance News) - Drugmaker GlaxoSmithKline PLC is gearing up to start a formal search to find its new chief executive as Andrew Witty's term at the helm enters its final stages, the Financial Times reported. Philip Hampton, Glaxo's chairman, has already consulted with large shareholders on the succession plan on an informal basis, the FT said, citing people involved in the talks, and it is understood a more intensive process will take place in coming months. Witty is one of the longest-serving chief executives in the FTSE 100, having held the role since 2008, and is not expected to leave before 2017.

GLAXO SMITH KLINE is preparing to replace Sir Andrew Witty as chief executive next year, opening the door to a break-up of one of Britain’s biggest companies. Chairman Sir Philip Hampton has instructed the headhunter Egon Zehnder to draw up a list of potential candidates, both internal and external, to succeed Witty, who joined Glaxo 31 years ago. The move comes after some of the drug giant’s biggest investors privately demanded the board provide more clarity on its future. A minority of large shareholders have advocated a split, arguing that the HIV, consumer healthcare and core medicines divisions would work better as stand-alone companies.

Hold and wait.

Split.

What would value of company slit be ????

BP and EMI are named in £43bn tax claim as major companies line up to seek huge rebates from the Government.????

LONDON, Jan 26 (Reuters) - Britain's plan to close coal-fired power plants by 2025 has come under scrutiny from engineers who warned on Tuesday it could contribute to electricity supply shortages. Under a business as usual scenario, the country's electricity supplies "can only be secured by granting an extension to existing coal-fired power stations," a report by the Institution of Mechanical Engineers said. In a bid to meet its carbon emission targets, the government announced plans in November to close polluting coal-fired power plants and replace them with gas plants by 2025. Coal plants provided more than a quarter of Britain's electricity in the first nine months of 2015, government data showed, and experts warn that new plants are not being built fast enough to compensate for the planned closures. According to the report from the engineers institute, if the coal plant closures are combined with the shuttering of ageing nuclear plants there could be a supply gap of 40-55 percent, based on current typical supply. "If we get to 2023/4 and the lights are flickering then of course you would expect the government to step in and say plants can stay open," said Peter Atherton, energy analyst at investment bank Jefferies. The report said Britain would need to build about 30 new gas plants in less than 10 years to plug the gap, and that looks unrealistic given current weak electricity prices.

15 would be good

Hopefully sometime soon.

Hopefully my next purchase is as good.

Good rise today.Hopefully back above 3 quid soon.

My biggest holding.Looking to add some more bank stocks.

Nise rise today.Big buys.Any one know anything???

Bought in at 222.PE of just 6.Nice divi .Fab entry point.Picking up quality stocks at budget prices.

Revenues from GlaxoSmithKline's biggest-selling drug, asthma treatment Advair, will be devastated by two rival, generic treatments in development by its rivals. Competitor Mylan has now submitted an application for its US Food and Drug Administration, the Sunday Times reported, with the regulator able to approve the drug early next year.

43p divi next week.Should be over 15 quid next week.

Drugs win

Can't see oil price going up this year.