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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 is seeking to boost revenue from the Middle East and North Africa by as much as 25% annually over the next five years
BP PLC
- Bloomberg: TNK-BP said its first-quarter net income dropped to $2.18 billion from $2.62 billion a year earlier as taxes and costs rose amid production gains at new fields
- Bloomberg: BP-led Baku-Tbilisi-Ceyhan pipeline carried 2.3 million metric tonnes of crude oil last month, a decline of 18% from the same period a year earlier, according to Azerbaijan’s State Oil Co
BT Group PLC
- Proactive Investors UK: Underlying pre-tax profit of BT rose 16% to £2.4 billion in the year to 31 March
Centrica PLC
- IBT: Centrica expects to spend further £1.4 billion on organic investment in 2012, of which around half is expected to be in the upstream gas and oil business
Cookson Group PLC
- Financial Times: The Association of British Insurers has issued a “red-top alert” over the remuneration plans of Cookson
Experian PLC
- The Daily Telegraph: Experian has agreed to sell PriceGrabber and LowerMyBills to Indian group Ybrant Digital for $175 million
- Reuters: Experian on Thursday reported earnings before interest and tax from continuing operations for the year to the end of March of $1.175 billion, up 19%
GlaxoSmithKline PLC
- Daily Mail: GlaxoSmithKline avoided up to £34 million in UK corporation tax last year through a deal with Luxembourg, according to an investigation by the BBC
- The Wall Street Journal: GlaxoSmithKline on Thursday purchased 1.4 million of its ordinary shares of 25 pence each, and said it intends to hold these shares in Treasury
HSBC Holdings PLC
- The Daily Telegraph: HSBC is in talks to sell several of its businesses in Colombia, Uruguay and Paraguay
- Economic Times: HSBC may exit its Indian insurance venture, becoming the second foreign company and the third from the financial services industry to give a thumbs down to the local market
Legal & General Group PLC
- The Daily Telegraph: Tim Breedon is set to walk away from Legal & General with a £3 million pay-off when he stands down as chief executive of the insurer next month
- The Wall Street Journal: Legal & General Group on Thursday appointed chief financial officer Nigel Wilson to replace Tim Breedon as chief executive of the company from 30 June
Royal Dutch Shell Plc
- Financial Times: Shell and Chevron are set to be awarded the rights to explore for unconventional gas in Ukraine
- The Australian: Shell has reported a $495 million full-year loss on its Australian refining and marketing business
- Bloomberg: Mozambique President Armando Guebuza said the government is working with Shell on plans for liquefied natural-gas developments in the east African country
- Reuters: Shell is moving 80,000 tonnes of fuel oil to Singapore from Negishi in Japan, an unusual step as oil shipped from the port typically goes to China
Unilever PLC
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Today's articles
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