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Stock Market & Financial Investment News

News For SI;GSK;UBS;NOK;FLO From The Last 14 Days
Check below for free stories on SI;GSK;UBS;NOK;FLO the last two weeks.
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July 28, 2014
06:22 EDTGSKGlaxoSmithKline could eventually spin off consumer healthcare business, FT says
GlaxoSmithKline CEO Andrew Witty is considering the possibility of the company being broken up in the future, suggesting that the consumer healthcare business could be spun off if a time comes when it is more valuable as an independent company, the Financial Times reports. Witty says there are no such plans in the near term. Reference Link
July 25, 2014
06:45 EDTUBSUBS blasts French prosecutors over probe, NY Times reports
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06:40 EDTUBSLoan write down standards changed for non-U.S. banks, NY Times says
A new accounting rule will enable banks outside of the U.S. to write down the value of loans earlier but could cause loans to become less attractive for those banks, according to The New York Times. The rule was issued by the International Accounting Standards Board, whose guidelines are followed in more than 100 countries but not in America, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS).Reference Link
July 24, 2014
13:29 EDTGSKGlaxoSmithKline facing bribery allegations in Syria, Reuters says
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12:41 EDTGSKGlaxoSmithKline reports FDA approves Flonase for OTC sales in U.S.
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11:55 EDTNOKNokia denied writ of mandamus in patent fight with InterDigital
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11:45 EDTGSKGlaxoSmithKline downgraded to Sell from Neutral at UBS
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07:22 EDTNOKNokia sees 2014 non-IFRS operating margin at or slightly above range
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06:41 EDTUBSFrance initiates formal probe of UBS, NY Times says
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06:13 EDTGSKGlaxoSmithKline's malaria vaccine candidate accepted for EU regulatory review
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05:39 EDTNOKNokia reports Q2 Non-IFRS EPS EUR 0.06 vs. EUR 0.05 last year
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July 23, 2014
09:33 EDTGSKGlaxoSmithKline reports record Promacta/Revolade Q2 revenue of $92M
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09:17 EDTGSKOn The Fly: Pre-market Movers
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07:19 EDTGSKGenmab reports Q2 Arzerra net sales GBP 12.8M
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07:14 EDTUBSUBS hires Edgar, Whitcher to beef-up investment banking team, Reuters says
UBS has named Craig Edgar as the new managing director and sector head of the company's power investment banking team and David Whitcher will be joining the firm as managing director of the unit, according to Reuters, citing an internal memo. UBS made the appointments in an effort to grow its America's power investment banking practice. Reference Link
07:12 EDTGSKGlaxoSmithKline lowers 2014 core EPS outlook to 'similar' to 2013
GSK now expects 2014 core EPS to be "broadly similar" to 2013 versus previous expectations of 4%-8% growth. It added, "Given impact of recent sustained strength of Sterling on free cash flow, share repurchases over balance of 2014 likely to be immaterial."
07:09 EDTGSKGlaxoSmithKline reports Q2 core EPS down 12% to 19.1p
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07:09 EDTGSKMylan wins restraining order against Apotex for generic version of GSK's Paxil
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July 22, 2014
09:55 EDTGSKLupin, private equity funds weigh bids for GSK's older drugs, Reuters reports
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July 21, 2014
07:11 EDTGSKInternational Society of DNA Vaccines to hold a conference
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