Early Market News: Lloyds Banking Group PLC (LON:LLOY), GlaxoSmithKline plc (LON:GSK), British Airways plc (LON:BAY)

Here is another batch of stock briefings which may affect trading on world markets later today. The following companies should see some movement: Lloyds Banking Group PLC (LON:LLOY), GlaxoSmithKline plc (LON:GSK), British Airways plc (LON:BAY). Here is a more detailed look at the news that will affect each company when trading continues. Lloyds Banking Group PLC (LON:LLOY) Lloyds Banking Group PLC (LON:LLOY) will soon bring its annual report into the open. The annual report is expected to reveal, for the first time since 2007, a full year profit. Analysts have been on the lookout for signs of growth that the bank has been showing on its funding efforts. Lloyds Banking Group PLC (LON:LLOY) shall be the first of the big UK banks to reveal its third quarter results, as Royal Bank of Scotland and HSBC are still getting ready to post their figures. GlaxoSmithKline plc (LON:GSK) A joint venture will be formed for GlaxoSmithKline plc (LON:GSK) to develop the Amigal drug. The joint venture with Amicus Therapeutics will help GlaxoSmithKline plc (LON:GSK) to develop and market the Amigal drug, which is used in the treatment of Fabry disease. An upfront payment of $30 Million will give GlaxoSmithKline plc (LON:GSK) the rights to manufacture and commercialize the drug. The achievement of certain milestones will give some other payments – worth approximately $170 Million to Amicus. British Airways plc (LON:BAY) British Airways plc (LON:BAY) has closed the door on the remaining Boeing 757 aircrafts from its hangars. The twinjet aircraft entered into service in 1983 on shuttle services. British Airways plc (LON:BAY) has given a fond farewell to its retiring aircraft, and also repainted one of the aircraft to commemorate the day. Stephen Riley, director of flight operations, British Airways plc (LON:BAY) said, "Back in 1983, the Boeing 757 was at the cutting edge of aviation technology, enhancing our capability to land in thick fog. This allowed British Airways to fly when rival carriers would be grounded." There will probably be more movement when trading continues for Lloyds Banking Group PLC (LON:LLOY), GlaxoSmithKline plc (LON:GSK) and British Airways plc (LON:BAY).
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