Shares in GSK (GSK) fell 10% to the bottom of the FTSE 100 after a Delaware judge on Friday (31 May) allowed more than 70,000 Zantac cases, which claim the discontinued heartburn drug caused cancer, to proceed to trial. French pharmaceutical firm Sanofi (SAN:EPA), which is also embroiled in the Zantac litigation, saw its shares cheapen 2% to €88.9 on the news. GSK said it will immediately see...

The FTSE 100 was up in London at midday, following positive manufacturing data, while Labour reiterated its commitments to defence on the general election campaign trail. The FTSE 100 index was up 17.18 points, or 0.2%, at 8,292.63. The FTSE 250 was up 165.40 points, or 0.8%, at 20,895.27, and the AIM All-Share was up 2.30 points, or 0.3%, at 808.09. The Cboe UK 100 was up 0.3% at 827.98, the C...

Reports suggest that online fast-fashion sensation Shein plans to file a confidential prospectus with the FCA (Financial Conduct Authority), potentially as early as this week, as the retailer edges closer to an IPO (initial public offering) on the London Stock Exchange that could value the business at around £50 billion. Should a London IPO go ahead, China-founded Shein is expected to look to...

The FTSE 100 was higher in London on Monday morning, amid a slew of manufacturing data, and as Labour leader Keir Starmer made promises over the weekend to bring down migration. The FTSE 100 index opened up 53.95 points, 0.7%, at 8,328.81. The FTSE 250 was up 114.93 points, or 0.6%, at 20,845.32, and the AIM All-Share was up 0.81 points, or 0.1%, at 806.60. The Cboe UK 100 was up 0.7% at 831.85...

London's FTSE 100 closed higher on Friday, though stocks in New York struggled, taking little confidence from a key US inflation gauge producing no scares. The FTSE 100 index ended up 44.33 points, 0.5%, at 8,275.38. The FTSE 250 ended up 59.25 points, 0.3%, at 20,730.12, and the AIM All-Share closed up 3.10 points, 0.4%, at 805.79. For the week, the FTSE 100 lost 0.5%, the FTSE 250 fell 0.2%,...

The mood around cloud security firm Zscaler (ZS:NASDAQ) has darkened considerably this year as investors fretted over the potential impact of an economic downswing and rising competitive threats might exert on growth. Yet those fears now look overcooked after the Silicon Valley firm's fiscal third quarter results surpassed expectations and led to an improved forecast for the full year to 31 Jul...

Stocks in London were higher on Friday at midday, with the FTSE 100 leading the pack, after inflation in the eurozone came in hotter-than-expected. The FTSE 100 index was up 28.37 points, 0.3%, at 8,259.42. The FTSE 250 was up 6.68 points at 20,677.55, and the AIM All-Share was up 1.59 points, 0.2%, at 804.28. The Cboe UK 100 was up 0.3% at 823.92, the Cboe UK 250 was down 0.4% at 18,148.14, an...

Arlene Isaacs-Lowe, non-executive director of food service giant Compass Group (CPG) has bought 2,800 shares at £21.76 for a total value of £60,929 on 30 May. Isaacs-Lowe's move comes after the company delivered strong first half growth in all regions driven by new contracts and price increases. Compass has also increased the interim dividend by 15.6%. A few analysts have upgraded the stock i...

Global sports betting and gaming company Flutter Entertainment (FLTR) saw its shares drop 6% after the Paddy Power and Betfair operator said chief financial officer Paul Edgecliffe-Johnson was stepping down with immediate effect. The primary listing of Flutter's shares shifts to the US from today (31 May), a move the company warned would require 'extensive executive management time' to be spent...

The high-flying S&P 500 paused for breath this week, edging 1.3% lower after disappointing US quarterly growth added to concerns over elevated inflation and tight monetary policy and soft guidance from customer relationship management company Salesforce (CRM:NYSE) weighed on technology stocks. While the tech-heavy Nasdaq Composite also finished the week in the red, the index actually notched up...

London stocks were mixed on Friday morning, ahead of core personal consumption expenditures index data, which is the Federal Reserve's preferred US inflation gauge. The FTSE 100 index opened up 12.67 points, 0.2%, at 8,243.72. The FTSE 250 was down 16.03 points, 0.1%, at 20,654.84, and the AIM All-Share was up 0.91 of a point, 0.1%, at 803.60. The Cboe UK 100 was up marginally at 821.87, the Cb...

Equity prices in London ended higher on Thursday, with the FTSE 100 snapping a six-day losing streak, though there was nervy trade in New York ahead of the release of a key US inflation gauge on Friday. The FTSE 100 index closed up 47.98 points, 0.6%, at 8,231.05. The FTSE 250 surged 234.53 points, 1.2%, at 20,670.87, and the AIM All-Share ended up 2.42 points, 0.3%, at 802.69. The Cboe UK 100...

Stocks in New York were called lower at midday on Thursday, but European stocks were stable with Auto Trader and Currys among the top performers. The FTSE 100 index was up 17.00 points, 0.2%, at 8,200.07. The FTSE 250 was up 175.00 points, 0.9%, at 20,611.34, and the AIM All-Share was up 2.16 points, 0.3%, at 802.43. The Cboe UK 100 was up 0.2% at 818.16, the Cboe UK 250 was up 0.8% at 18,070.8...