GlaxoSmithKline PLC (GSK.L)
14 Dec 2018
Purchasers of GlaxoSmithKline PLC's anti-seizure drug Lamictal have won class certification for an antitrust lawsuit claiming the drugmaker conspired with Teva Pharmaceutical Industries Ltd to delay the latter's generic version.
LONDON The UK Serious Fraud Office (SFO) defended itself on Thursday against criticisms of "serious failings" after the collapse of a high-profile re-trial of former Tesco executives, insisting the prosecution had been in the public interest.
* SFO must weed out "evidentially flawed" historic cases - lawyer
Wall Street's major indexes rallied on Monday following a truce between the United States and China in their trade dispute, which has clouded the outlook for the stock market for much of the year. | Video
(For a live blog on the U.S. stock market, click or type LIVE/ in an Eikon news window.) * U.S., China agree on a trade ceasefire for talks * Technology, industrials sectors support S&P * Energy shares jump as oil prices rebound * Tesaro shares soar on Glaxo buyout deal * Indexes up: Dow 1.13 pct, S&P 1.09 pct, Nasdaq 1.51 pct (Updates with close of U.S. trading) By Lewis Krauskopf Dec 3 Wall Street's major indexes rallied on Monday following a
LONDON GlaxoSmithKline has agreed to buy U.S. cancer specialist Tesaro for $5.1 billion, a costly investment to rebuild the pharmaceuticals business by new Chief Executive Emma Walmsley that unnerved investors. | Video
Dec 3 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
LONDON Miners, autos, tech, and oil stocks surged on Monday, driving Europe's main benchmarks up strongly after U.S. and Chinese leaders agreed a temporary truce in a trade war.
* GSK shares see biggest daily fall in 10 years (Adds latest shares, termination fee, more on drug competition)
The truce between U.S. and Chinese leaders on trade tariffs has fuelled a nearly one percent surge on world stocks, GlaxoSmithKline agrees to buy U.S. cancer drug specialist Tesaro for $5.1 billion and Qatar takes a swipe at Saudi Arabia, OPECS's de facto leader, by announcing that it will be leaving the group in January. Catch up on the latest headlines.