GlaxoSmithKline PLC

Trian Fund Management LP, the activist hedge fund run by Nelson Peltz, has built a stake in Unilever PLC (NYSE: UL), the Financial Times reports, citing people with direct knowledge of the matter.  The $8.5 billion New York-based hedge fund has taken a position in shares of the British...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. GlaxoSmithKline PLC (NYSE: GSK) traded at a new 52-week high today of $42.68. This new high was reached on below-average trading volume as...

You’ve seen the commercials: The antidepressant — oh, let’s call it Realitor — may cause suicide, explosive bowel syndrome, an erection lasting more than 72 days, lethargy, lumbago, listeria, hysteria, projectile vomiting and perhaps the plague. Consult your doctor if...

The Federal Reserve’s “beige book” report struck an optimistic tone and indicated that the U.S. central bank saw improving economic growth through 2015. The report showed that U.S. firms added a “sizable” number of new jobs, but that wage growth was minimal. The...

Investors were surprised by reports from The Wall Street Journal which claimed that Germany’s Bundesbank is on board for more stimulus measures at the European Central Bank’s June meeting if the region’s financials warrant action. The bank, which has traditionally been at odds with the ECB over...

Pharmaceutical stocks are excellent holdings in times of a downturn. Health care is the largest component of the American economy, about one-sixth the gross domestic product. For income, value, and growth investors, respectively, there are GlaxoSmithKline (NYSE: GSK), Pfizer (NYSE: PFE), and...

AstraZeneca (NYSE: AZN) announced Monday that it will purchase privately held Pearl Therapeutics for up to $1.15 billion in its continuing drive to reinvigorate its product pipeline. The acquisition of the U.S. based respiratory drug specialist Pearl gives AstraZeneca a foothold in the newest...

President Barack Obama’s proposed $3.8 trillion budget is designed to cut the deficit by $600 billion over 10 years, after factoring in the negation of cuts already enacted under the sequester according to The Associated Press. Depending on the framework of the final budget, some businesses...

The U.S. Food and Drug Administration announced on Monday that the agency has asked doctors to stop giving the GlaxoSmithKline PLC (NYSE: GSK) Rotarix vaccine on a temporary basis because extraneous viral components have been found in the vaccine. The GlaxoSmithKline PLC Rotarix vaccine is given to...