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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
Barclays PLC
- Bloomberg: Barclays and Standard Chartered are among banks being asked to curb lending rates in Zimbabwe as the government pressures the financial services industry to aid economic recovery
- New Zimbabwe: Zimbabwe’s indigenisation push has been cited as the main reason for the exclusion of Barclays’ Zimbabwean unit from the merger of the group’s African operations with those of Absa Group, in a deal valued at $2.1 billion
- Bloomberg: Barclays will reduce its IT spending by billions of pounds after developing its own cloud-based technology
- Bloomberg: Barclays is offering as much as $250 million in exchange-traded notes tied to an index of master-limited partnerships and limited liability companies
BG Group PLC
- Financial Times: Phil Bentley is to step down from his role as managing director of British Gas amid a strategic review of activities at Britain’s biggest energy retailer by customer numbers
Bodycote PLC
- Jags Report: Bodycote had its neutral rating reissued by analysts at Arden Partners; Arden Partners currently has a $6.83 target price on the stock
BP PLC
- Bloomberg: BP confirmed an order for 13 of the vessels worth $630 million, 2012’s largest shipbuilding accord for tankers
First Quantum Minerals PLC
- Copper Investing News: Inmet Mining shareholders might want to hold out for a better offer than the $5.2 billion that First Quantum Minerals has put on the table
GlaxoSmithKline PLC
- Workers Compensation: Maryland has entered into a settlement agreement with GlaxoSmithKline to resolve allegations that the company engaged in various illegal schemes related to the marketing and pricing of drugs it manufactures; GSK has paid $3.62 million to the Maryland Medicaid programme in settlement
HSBC Holdings PLC
- New York Times: World’s largest financial institutions, including HSBC and Deutsche Bank, are expected to sell a combined $78 billion of so-called noncore loans this year, a 33% rise compared with 2012
Lloyds Group PLC
- Caterer & Hotelkeeper: Lloyds Banking Group has sold pub group Admiral Taverns to an affiliate of Cerberus Capital in a deal rumoured to be worth around £200 million
Rolls-Royce Holdings PLC
- The Guardian: Rolls-Royce is facing allegations that it paid $2 billion in bribes to an executive involved with two Chinese airlines, in the latest claims attached to a corruption probe at the aircraft engine maker
- MarketWatch: Rolls-Royce said on Friday it has won a $52.2 million contract to support AE 1107C engines for V-22 aircraft operated by the US Marine Corps and Air Force
Royal Dutch Shell Plc
- Reuters: The US Coast Guard and Shell were making fresh preparations on Sunday to tow a grounded Alaska oil rig, saying crews would keep trying to connect a tow line after rough weather prevented their efforts all Saturday
Vodafone Group PLC
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1 comment so far. Why not have your say?
Mr Grumpy
Jan 07, 2013 at 09:54
Phil Bentley does not work for BG Group, he is boss of British Gas whose parent company is Centrica - do you get it now?
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