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Indexes rise in afternoon trading; oil prices surge

2015-10-29 07:57:50| Oil & Gas - Topix.net

New York a Stocks are rising Wednesday afternoon, led by gains in energy stocks as the price of oil jumped. Apple rose after the tech giant reported another record quarter and robust sales of iPhones.

Tags: prices oil rise trading

 

GlaxoSmithKline profits rise 34 percent to $824M

2015-10-29 04:14:48| Biotech - Topix.net

London a British drugmaker GlaxoSmithKline saw third quarter net income rise to $824 million from $614 million a year earlier as it benefits from a recent asset swap with rival Novartis. The company said Wednesday that sales of consumer healthcare products rose 55 percent with the start of over-the-counter sales of Flonase in the U.S. and a strong performance from pain relievers Voltaren and Panadol in Europe.

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US Fed refrains from interest rate rise

2015-10-28 19:27:04| BBC News | Business | UK Edition

The US central bank decides not to raise interest rates, leaving them at the same low level they have been at since December 2008.

Tags: rate interest rise fed

 

Next lifts guidance after Q3 sales rise 

2015-10-28 12:06:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer Next Plc has lifted the lower end of its full-year outlook, after booking sales gains during the third quarter. 

Tags: sales rise guidance lifts

 

Lloyds sees third quarter profits rise

2015-10-28 09:16:42| BBC News | Business | UK Edition

Lloyds Banking Group said profit before tax for the three months to the end of September rose to 958m from 751m from a year earlier.

Tags: rise quarter sees profits

 

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