London close: Stocks fall as US inflation tops expectations

13th Feb 2024 16:21

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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London close: Stocks fall as US inflation tops expectations

13th Feb 2024 16:21

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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Citi ups recommendation on GSK to 'buy'

13th Feb 2024 09:45

(Sharecast News) - Citi has upgraded its rating on vaccines and drugs blue chip GSK to 'buy' while also boosting its earnings estimates.

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London close: Stocks finish higher after very quiet Monday

12th Feb 2024 17:11

(Sharecast News) - London markets managed modest gains by the close of a subdued trading session on Monday, with no significant corporate or economic catalysts driving movements.

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GSK gets FDA fast track for chronic hepatitis B treatment

12th Feb 2024 07:21

(Sharecast News) - GSK announced on Monday that bepirovirsen, an investigational antisense oligonucleotide (ASO) aimed at treating chronic hepatitis B (CHB), had been granted fast track designation by the US Food and Drug Administration (FDA).

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GSK reports positive myeloma trial results, progresses vaccine applications

6th Feb 2024 07:23

(Sharecast News) - GSK reported progress in its trial of a myeloma treatment on Tuesday, as well as regulatory progress around its shingles vaccine in China and its RSV vaccine in the United States.

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GSK settles Zantac case in California without admitting liability

1st Feb 2024 09:11

(Sharecast News) - GSK announced on Thursday that it had reached a confidential settlement to effectively resolve the legal case over Zantac filed in a California state court.

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London close: Stocks mixed ahead of US Fed, BoE decisions

31st Jan 2024 15:49

(Sharecast News) - London's financial markets finished with mixed performance on Wednesday, with investors closing their wallets ahead of rate announcements from both the US Federal Reserve and the Bank of England.

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GSK gets EU approval to sell blood cancer treatment Omijara

29th Jan 2024 07:07

(Sharecast News) - Biopharma giant GSK has been given the green light by European regulators to sell Omjjara, its treatment for patients with a rare type of blood cancer.

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Citi hikes target price for GSK but stays 'neutral'

26th Jan 2024 10:47

(Sharecast News) - Shares in biopharma giant GSK were rising on Friday, helped by forecast upgrades from Citi, which raised its target price on the stock from 1,535p to 1,700p.

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GSK raises £978m through Haleon share sale

17th Jan 2024 08:05

(Sharecast News) - GSK said on Wednesday that it has raised around £978m from the sale of shares in Haleon.

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UBS downgrades AstraZeneca to 'sell'

16th Jan 2024 08:15

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

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Zantac fallout unfairly weighing on GSK, says Shore Capital

15th Jan 2024 08:42

(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.

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GSK's Nucala gets fresh approval in China

10th Jan 2024 07:22

(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.

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London close: Stocks finish red after choppy session

9th Jan 2024 16:22

(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.

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