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GlaxoSmithKline to axe jobs

Pharmaceuticals giant Glaxo plans to cut jobs as part of its euphemistically titled Operational Excellence programme after weak sales of its Avandia and Zofran drugs hit third quarter profits.

Reckitt Benckiser raises targets

Health and household goods giant Reckitt Benckiser has raised its full year targets after robust sales of new products pushed the group in a strong third quarter.

Home Retail wins at the margins

Home Retail saw sales growth dented by the poor summer but profits rose on the back of improved margins for both Argos and Homebase.

Hemscott PLC - Serious Investment Research

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Risers (% change)
Cairn Energy+6.35
Henderson Group+3.4
BAE SYSTEMS+3.36
IG Group Holdings+2.81
Premier Foods+2.48
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Reckitt Benckiser...-4.88
Lonmin-4.66
Aquarius Platinum-4.57
Cookson Group-4.26

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Hemscott PLC - Serious Investment Research
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