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UPDATE 1-New GlaxSmithKline CEO wants fewer, bigger new drug launches

* Q1 adjusted EPS 25.0 pence vs consensus 24.5p (Adds further CEO comments, detail on competition)

Cargill in consortium that may build Brazil railway - report

SAO PAULO, April 26 Cargill Inc is part of a group of grain trading companies analyzing whether to build Brazil's Ferrogrão railway, which should require investments of up to 15 billion reais ($4.8 billion), O Estado de S. Paulo newspaper reported on Wednesday.

Stock Quote, Markets 8:32am EDT

BRIEF-Evolving Systems provides update

* Evolving systems selected to accelerate customer acquisition and optimize retail channels for leading african mobile carrier Source text for Eikon: Further company coverage:

BRIEF-New GSK plans to sharpen priorities in drug development

April 26 GlaxoSmithKline CEO Emma Walmsley told reporters:

UPDATE 1-KKR to buy Hitachi unit valued at $2.3 bln

TOKYO, April 26 U.S. buyout firm KKR said on Wednesday it has agreed to buy Hitachi Ltd's chip-making equipment and video solution unit in a deal valuing the company at 257 billion yen ($2.3 billion), its second purchase of a Hitachi unit.

UPDATE 1-Bulgaria opts for Swedish Gripen combat jets

SOFIA, April 26 Bulgaria has decided to start talks with Sweden to acquire eight new Gripen combat jets made by SAAB, interim deputy prime minister Stefan Yanev said on Wednesday, as the Balkan country seeks to replace its ageing Soviet-designed MiG-29s.

BRIEF-Shell completed sale of Vivo stake to Vitol and Helios Investment

* Completed sale of its 20 pct interest in Vivo Energy Holding B.V. to Vitol Africa B.V. for a total amount of $250 million

Malaysia Airline CEO says offers to lease A330s from Alitalia

DUBAI, April 26 Malaysia Airlines has offered to lease as many as 8 Airbus A330 jets from struggling Italian carrier Alitalia, its chief executive told Reuters on Wednesday.

RPT-China banks miss out on U.S. investment banking bonanza

NEW YORK, April 26 As scores of investment bankers profit from the fee bonanza offered by Chinese companies hunting for deals in the United States, one group is conspicuously absent - Chinese banks.

Bulgaria opts for Swedish Gripen combat jets

SOFIA, April 26 Bulgaria has decided to start talks with Sweden to acquire eight new Gripen combat jets made by SAAB, interim deputy prime minister Stefan Yanev said on Wednesday.

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