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12 April 2021 | 07:49am StockMarketWire.com - Pharmaceutical maker AstraZeneca and Saint Luke s Mid America Heart Institute said high-level results from a phase 3 trial assessing the potential of Farxiga to treat patients hospitalised with COVID-19 failed to meet its primary goal. The trial failed to achieve statistical significance for the primary goal of prevention measuring organ dysfunction and all-cause mortality, and the primary endpoint of recovery measuring a change in clinical status (from early recovery to death), at 30 days, the company said. The full trial results would be presented at the American College of Cardiology Scientific Sessions in May 2021. Story provided by StockMarketWire.com ....
12 April 2021 | 08:29am StockMarketWire.com - UK stocks opened lower on Monday, even as local restaurants, bars and other non-essential businesses began to reopen, as jitters remain globally about rising bond yields and lofty stock valuations. At 0819, the benchmark FTSE 100 index was down 16.29 points, or 0.2%, at 6,899.46. Shopping centre owner Hammerson climed 1.4% to 37.92p, having confirmed press speculation that it was in talks about a possible sale of its retail parks portfolio to Brookfield. Pharmaceutical group AstraZeneca edged back 3.42p to £72.8358 after it said its diabetes drug Farxiga did not improve the condition of patients hospitalised with Covid-19 in a clinical trial. ....
12 April 2021 | 12:26pm StockMarketWire.com - UK stocks were slightly lower by lunchtime on Monday, even as local restaurants, bars and other non-essential businesses began to reopen, with investor sentiment uncertain amid global jitters over rising bond yields and lofty stock valuations. By lunchtime, London s blue chip benchmark index was down 22 points, or 0.32%, at 6,893.84, with high street names weakening on reopening day as investors decided to sell the fact . Shopping centre owner Hammerson cheapened 2.4% to 36.5p after it confirmed press speculation that it was in talks about a possible sale of its retail parks portfolio to Brookfield. Pharmaceutical group AstraZeneca edged 0.2% higher to £72.73 after it said its diabetes drug Farxiga did not improve the condition of patients hospitalised with Covid-19 in a clinical trial. ....
16 March 2021 | 12:08pm StockMarketWire.com - The FTSE 100 was back above 6,800 by Tuesday lunchtime as sterling weakness and US stimulus optimism helped lift the index. At midday the index was up 0.9% to 6,809.61. Bakery chain Greggs rallied 4.7% to £23.15, even as it reported its first loss as public company, but voiced optimism, saying it had made a better-than-expected start to 2021. Greggs continued to keep its dividend suspended, saying it would need to return to a level of profitability and cash generation sufficient to resume payouts. Natwest, the bank formally known as Royal Bank of Scotland, slipped 1.1% to 186.5p on confirming that UK authorities had launched criminal proceedings against it over historic allegations of money laundering. ....