LONDON (Alliance News) - UK pharmaceutical giant GlaxoSmithKline PLC has agreed to a USD105 million settlement covering 44 US states over allegations that it unlawfully promoted its asthma treatment Advair and antidepressants Paxil and Wellburtin. As part of the settlement, announced on Wed Read More
LONDON (Alliance News) - The FTSE 100 started the month on the front foot Monday, closing higher, after a gauge of China's factory activity rose to a five-month high in May, suggesting the world's second-largest economy is stabilising after a subdued start to the year.<br /><br />China's offic Read More
LONDON (Alliance News) - <strong>GlaxoSmithKline</strong> has signed a collaboration and licensing agreement with UK-based biotechnology company Adaptimmune Ltd for its cancer programme, a move that comes just weeks after it agreed to sell its own cancer drug business to Novartis as part of a Read More
LONDON (Alliance News) - UK based biotechnology company Adaptimmune Ltd confirmed Monday that it had entered into a collaboration and licensing agreement with pharmaceutical giant GlaxoSmithKline PLC worth a potential USD350 million over the next seven years, for its cancer programme. Under Read More
LONDON (Alliance News) - UK based biotechnology company Adaptimmune Ltd confirmed Monday that it had entered into a collaboration and licensing agreement with pharmaceutical giant GlaxoSmithKline PLC worth a potential USD350 million over the next seven years, for its cancer programme. Under Read More
LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Lloyds Banking</strong> Group PLC has given TSB GBP450 million as part of its stock market floatation, the Daily Telegraph reported on Sa Read More
LONDON (Alliance News) - UK shares have opened slightly higher Monday on a good manufacturing PMI reading from China at the weekend and ahead of Thursday's European Central Bank meeting.<br /><br />Goldman Sachs likes the shares of UK estate agents, raising <strong>Countrywide</strong> to Buy Read More
LONDON (Alliance News) - GlaxoSmithKline PLC has completed a deal to develop new cancer drugs with a UK biotech company, which could be worth over USD350 million, the Financial Times reports Monday, quoting Adaptimmune Ltd Chief Executive James Noble. Glaxo is expected to announce a deal on Read More
LONDON (Alliance News) - Polymer products manufacturer <strong>Fenner</strong> saw its shares plummet Friday, after it issued a profit warning that it blamed on a further deterioration in trading in the US and the loss of a profitable contract in Australia.<br /><br />It is the biggest faller Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Polymer products manufacturer <strong>Fenner</strong> PLC said underlying pretax profit for the year will be 10% to 15% below the prevailing mark Read More
LONDON (Alliance News) - UK shares have opened flat Friday, with European markets on hold ahead of a key European Central Bank meeting next week.<br /><br />FTSE 250 polymer products maker <strong>Fenner</strong> PLC said underlying pretax profit for the year to August 31 could fall by 10% to Read More
LONDON (Alliance News) - GlaxoSmithKline PLC has invited private equity firms to bid for some of its older drugs in the latest step by Chief Executive Andrew Witty to reshape the UK?s biggest drugmaker, the Financial Times reports Friday, citing people familiar with the situation. Private e Read More
LONDON (Alliance News) - Stocks have traded in tight ranges and in relatively low volumes across the UK and Europe Wednesday, as some disappointing eurozone economic data prevented indices pushing towards their recent highs. Investors are particularly reticent to add to positions in the run Read More
LONDON (Alliance News) - <strong>Weir Group</strong> said Wednesday that it no longer intends to pursue a takeover of Metso Oyj, after the Finnish company rejected an improved offer.<br /><br /><strong>GlaxoSmithKline</strong> is down after it said late Tuesday that it is under criminal invest Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br />-------<br />FTSE 100 - WINNERS<br />-------<br /><strong>London Stock Exchange Group</strong>, up 2.3%. The group's shares have risen after it was added to a Read More
(An item published at 1126 BST misstated the company name in the headline. The correct version follows.)<br /><br />LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br />----------<br />COMPANIES<br />----------<br />Engineering firm <strong>Weir Group</strong Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday. ---------- COMPANIES ---------- Engineering firm Weir Group said it no longer intends to pursue a takeover of Metso Oyj, after the Finnish company rejected an improved offer. The FTSE 100-li Read More
LONDON (Alliance News) - UK stocks are trading mixed in low volumes Wednesday, with some disappointing eurozone data leading to investor caution ahead of the European Central Bank policy meeting next week. By mid-morning Wednesday, the FTSE 100 is down 0.1% at 6,841.81, while the FTSE 250 i Read More
LONDON (Alliance News) - GlaxoSmithKline PLC said late Tuesday that it is under criminal investigation by the UK's Serious Fraud Office following a series of bribery allegations. The FTSE 100-listed drugs giant confirmed that the SFO has opened a "formal criminal investigation" into its com Read More
LONDON (Alliance News) - A connected person of GlaxoSmithKline PLC Chief Executive Andrew Witty Friday sold 726 shares at 1,638.6078 pence before repurchasing 720 shares at 1,638.9148p and transferring them into an individual savings account, the company said. Glaxo shares Friday closed at Read More