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The overseas promoters of GSK Consumer Healthcare have succeeded in increasing their stake in the Indian subsidiary to 72.46% from 43.16%, according to market sources. Nearly 1.23 crore shares were tendered against the offer of 1.34 crore shares. The
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GSK Consumers' foreign promoters have launched an
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It's a bad bank, propped up by the state, which owns 85% of it. One day, that stake will have to be offloaded, which could wreak further damage on its share price. Like all banks, it still attracts scandals like jam attracts wasps...Worst of all,
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the U.K.-based pharmaceutical giant, is currently beset by two main problems. First, its "blockbuster" treatments are steadily losing the patent protection that guaranteed high revenues. Indeed, its two biggest-selling products -- Nexium for treating
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The minutes from the Fed's December policy meeting, released on Thursday, showed increasing reticence about adding to the central bank's $US2.9 trillion balance sheet, which it expanded sharply in response to the financial crisis and recession of
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Egypt – Economic experts have theorized that the rising value of US dollar against Egyptian pound will greatly stimulate Egyptian bourse. The low price of Egyptian shares
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Financial Inc. earned $7.7 million, or 98 cents a share, in the three months ending Sept. 30...Loans and securities backed by mortgages represented $925 million of the total and deposits were $892 million.Shares of the Grandview-based company
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China Investment Corp sold the 116.67 million shares at A$4.45 each and will retain a stake in Goodman of about 9.9 percent, said the sources, who declined to be identified since the details haven't been made public.
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Min Kao, chairman and chief executive of Garmin Ltd., has sold more than 1.7 million shares of stock over the past week in the GPS technology company, generating about $74 million.Kao, co-founder of the Olathe-based maker of navigational
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Select a date range Create a custom date range From: To: 12:31 p.m...Rowe Price had reduced its stake in daily deal website Groupon , while increasing its ownership in Kayak Software Corp., the travel comparison site, according to filings with the
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