Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexCryptocurrenciesCybersecurityPress Releases

Health Care Up on Cyclical Bias -- Health Care Roundup

08/12/2022 | 05:10pm EDT

Health-care companies rose, but not by as much as the broad market, as traders rotated into cyclical sectors.

Shares of European drugmakers GSK, Sanofi and Haleon recouped some of their recent losses after the companies issued statements responding to reports about U.S. lawsuits over the discontinued heartburn drug, Zantac. Analysts at brokerage Deutsche Bank had warned that the companies could face billions of dollars in liabilities because of alleged cancer risks associated with Zantac.

 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

08-12-22 1709ET

Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE BANK AG -4.28% 8.128 Delayed Quote.-26.23%
GSK PLC -0.63% 1316.6 Delayed Quote.-19.90%
HALEON PLC -2.64% 278.8 Delayed Quote.0.00%
SANOFI 0.01% 77.45 Real-time Quote.-12.56%
Latest news "Economy & Forex"
05:59pFactbox-Companies cut jobs, freeze hiring to prepare for economic slowdown
RE
05:59pMexican tortilla maker Gruma says it obtained $125 mln loan
RE
05:49pNord Stream gas leaks raise climate fears, but impact hard to quantify
RE
05:48pRide-hailing firm Lyft freezes U.S. hiring amid downturn fears
RE
05:46pAFL-CIO requests USMCA labor complaint at Saint-Gobain glassmaker in Mexico
RE
05:43p'Fears' for Italy's LGBT community after far-right win
RE
05:36pThe WSJ Dollar Index Rises 0.02% to 105.14 -- Data Talk
DJ
05:36pEuro Lost 0.14% to $0.9596 -- Data Talk
DJ
05:36pSterling Gains 0.43% to $1.0734 -- Data Talk
DJ
05:36pDollar Gains 0.05% to 144.81 Yen -- Data Talk
DJ
Latest news "Economy & Forex"