Glaxo denies the charges and said the company believes it acted according to the law. If the company is found guilty of the allegations, it could be fined up to 10% of its worldwide turnover.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move.
-- Written by Brittany Umar.