Strong £ hits GlaxoSmithKline 1st-qtr 2014, as sales fall 10%
UK pharma giant GlaxoSmithKline (LSE: GSK) posted a weak set of first-quarter 2014 financial results, with sales slumping 10% (-2% at constant exchange rates) to £5.61 billion ($9.43 billion), missing average forecasts of £5.84 billion of analysts polled by Thomson Reuters.
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