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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 said it will receive net proceeds of $5.5 billion from the sale of its entire stake in BlackRock Inc
- Daily Mail: Barclays’ chief executive Bob Diamond has launched a new ‘Citizenship Plan’ as part of a drive to restore trust – but offered no blueprint for reforming pay
BP PLC
- Financial Times: BP has agreed to invest $400 million in air pollution reduction equipment at its Whiting refinery in Indiana
BT Group PLC
- 4-traders: BT is working with Hong Kong Exchanges and Clearing Limited to offer BT Radianz Venue to customers hosted at the exchange's new data centre
Burberry Group PLC
- The Daily Telegraph: Burberry has revealed a 24% rise in sales to £1.9 billion and a 24% jump in pre-tax profits to £366 million, in the year to 31 March
- The Guardian: Burberry is embarking on a store opening spree in Brazil and Mexico this year as the British brand targets up-and-coming luxury markets
Centrica PLC
- Reuters: Gas production from Centrica's South Morecambe field stopped unexpectedly on Wednesday due to a technical issue, the company said
- This is Scunthorpe: Centrica Energy is consulting the public later this week about plans to build a new biomass power station just outside Brigg, the UK
GlaxoSmithKline PLC
- Fox Business: GlaxoSmithKline has amended the conditions of its tender offer to acquire all of the outstanding shares of Human Genome Sciences for $13 per share
- Bloomberg: GlaxoSmithKline may find its next acquisition target where the UK drugmaker found the last two: among more than a dozen companies it collaborates with to develop new treatments
HSBC Holdings PLC
- Bloomberg: A partnership of HSBC Alternative Investments and Edge Fund Advisors bought 4 New York Plaza, a lower Manhattan office tower, for $270 million
ITV PLC
- The Independent: British communications watchdog Ofcom has raised the prospect of auctioning off the public service licences currently held by ITV and Channel 5
National Grid PLC
- NCE: National Grid has been appointed delivery body for the government’s much anticipated energy bill
Royal Dutch Shell Plc
- Reuters: The takeover battle for Cove Energy looks set to run after Thailand's PTT trumped Shell with a $1.9 billion offer
Smith & Nephew PLC
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