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GlaxoSmithKline Won't Sell Its HIV Drugs Unit, Cuts Shareholder Payout

By Laura Board

U.K. pharmaceutical giant GlaxoSmithKline has dropped plans to put its HIV medicines business up for sale; meanwhile, it's reducing a payout to shareholders to invest more in the company's future.

12:53PM 05/06/15

European Markets Rebound; Grocer Sainsbury Declines as it Swings Into the Red

By Laura Board

Better than expected purchasing managers’ indices from Markit Economics and a slew of strong, or at least reasonable, corporate earnings help European indices recover from yesterday’s selloff.

07:40AM 05/06/15

European Stocks Rebound on Economic Data, Strong Earnings; French Banks Post Profits

By Laura Board

European markets rebounded from Tuesday's selloff thanks to better-than-expected data and some strong corporate earnings.

06:16AM 05/06/15

Holcim's Hopes for Merger With Lafarge Get a Boost From Eurocement

By Laura Board

Russia's Eurocement Holding has thrown its weight behind the $40 billion merger of construction materials giants Holcim and Lafarge, just a week before a Holcim shareholder vote on the deal.

10:01AM 04/30/15

European Stock Markets Little Changed Before Fed Rate Call Amid Mixed Earnings

By Laura Board

European stock markets are little changed on Wednesday ahead of news from the Federal Open Market Committee on monetary policy.

07:44AM 04/29/15

European Stocks Level Off as Economic Sentiment Is Shaky

By Laura Board

European stock markets were little changed after steep losses on Tuesday, with better-than-expected earnings releases from some major companies limiting further declines.

06:35AM 04/29/15

Activist Elliott Wins Alliance Board Seats in U.K. Firm's Truce

By Laura Board

Elliott withdrew its three proposed resolutions and said it would support the Alliance board on other measures, and both sides agreed to non-disparagement.

09:05AM 04/28/15

European Markets Fall; Disappointing U.K. Economy News Clouds Tory Election Pitch

By Laura Board

European stock markets fall, as Federal Reserve rate setters prepared to begin a meeting and preliminary figures showed UK economic growth slowed more than expected in the first quarter.

07:37AM 04/28/15

European Stocks Fall on Weaker Economic Data, U.K. Election Jitters

By Laura Board

European stock markets fell ahead of a U.S. Federal Reserve rate-setting meeting and as figures showed U.K. economic growth slowed more than expected in the first quarter.

06:46AM 04/28/15

Semiconductor-Maker Applied Materials Drops Merger Plan With Tokyo Electron

By Laura Board

The merger was designed to better equip the companies to meet growing demand for chips used in smartphones, tablets and other personal electronics devices.

11:47AM 04/27/15

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