WH Smith Probe, BBVA Buyback, Ipsen Falls
On This episode of Stock Movers:
- WH Smith is under investigation by the UK’s Financial Conduct Authority over the accounting error in its North American business that triggered a stock slump and the resignation of its chief executive officer.
- BBVA SA said it will carry out its largest share buyback ever as it seeks to draw a line under its failed bid for Banco Sabadell.
- Ipsen shares drop as much as 3.8%, the worst performance in the Stoxx 600 Health Care Index on Friday morning, after the company said a mid-stage trial evaluating its experimental oral drug for an ultra-rare bone disease did not meet its primary endpoint.
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