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Citywire Top Stocks Daily News Digest
All the news from across the web about the companies featured in Citywire's Top Stocks.
Markets
All the news from across the web about the companies featured in Citywire's Top Stocks
BP PLC
- Economic Times: BP has said current gas prices in India are "artificially depressed" that do not encourage investments
- Reuters: BP has extended accommodation rig contract with Prosafe; the value of the exercised option is approximately $9 million
- Bernama: BP Healthcare Group will invest $32.24 million over the next three years to set up the biggest dental care network in Malaysia
Drax Group PLC
- Jags Report: Barclays Capital reiterated their overweight rating on shares of Drax Group in a research note issued to investors on Monday
Galliford Try PLC
- RTTNews: Galliford Try’s Scottish business, Morrison Construction, has been awarded a £28 million construction contract forming part of a £45 million Moray Council project to upgrade flood defences at Forres in Northern Scotland
GKN PLC
- Reuters: GKN secured EU regulatory approval on Monday to purchase Volvo AB's aerospace unit for $1.01 billion
HSBC Holdings PLC
- Bloomberg: HSBC and BNP Paribas are among banks extending a $1.5 billion so-called profit participating loan to Dubai-based Drydocks World LLC as it restructures debt
- MarketWatch: HSBC said Monday it has made nine senior appointments in its Asia Pacific equities and prime services units, including Tim Franks as head of hedge fund sales in Hong Kong
Imagination Technologies Group PLC
- Daily Political: Deutsche Bank has set a hold rating on shares of Imagination Technologies, with target price set at $9.37
ITV PLC
- The Daily Telegraph: Freesat, the satellite television joint-venture owned by the BBC and ITV, is to launch a major new assault on the pay-TV market by partnering with rival Netflix
Lloyds Group PLC
- City AM: Lloyds Banking Group’s private equity arm has agreed to provide £20 million for a new restaurant fund set up by Paul Campbell, the former boss of The Clapham House Group
- Bloomberg: Lloyds Banking Group plans to sell about $2.5 billion of mainly Irish real-estate loans
Reed Elsevier PLC
- 4-traders: Reed Elsevier PLC on Monday purchased (through JP Morgan Securities) 450,000 Reed Elsevier PLC ordinary shares at a price of 596.8794 pence per share
Royal Dutch Shell Plc
- Financial Times: Shell has sold its 30% stake in a Niger delta oilfield to Elcrest Exploration for $102 million, part of a programme to sell onshore assets in Nigeria
- AsiaOne: Singapore’s Ministry of Manpower has filed a charge against Shell for lapses in safety that resulted in a fire at the company's Pulau Bukom oil refinery last September
- Reuters: Shell said it closed an oil pipeline leading to a flow station in Nigeria, Africa's top oil producer, after a leak was discovered
Vodafone Group PLC
- Financial Times: Vodafone has agreed a partnership with Middle Eastern telecoms operator Zain that will allow both companies to use each other’s networks and services in the region
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- BP PLC
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- ITV PLC
- Lloyds Banking Group PLC
- Reed Elsevier PLC
- Royal Dutch Shell PLC
- Vodafone Group PLC
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