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All the news from across the web about the companies featured in Citywire's Top Stocks.
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All the news from across the web about the companies featured in Citywire's Top Stocks
AstraZeneca PLC
- Pharma Letter: AstraZeneca’s $150-million Russian plant, which is currently under construction, will start drugs production on a full cycle in 2016-17
Barclays PLC
- Financial Times: Barclays’ ambitious asset disposal programme launched early last year to boost profitability has been hampered by the eurozone crisis and uncertainty over financial regulation in the UK
- Reuters: Barclays plans to buy a 49.9% stake in Namibia's second-largest lender by assets, Bank Windhoek, the country's central bank said on Thursday
BP PLC
- Bloomberg: BP and its partners at the Azeri- Chirag-Guneshli oilfield pumped 15 million metric tonnes of crude from the deposit in Azerbaijan in the first five months of the year
- UPI: BP may use existing Turkish infrastructure to transport natural gas from Azerbaijan if alternatives aren't ready
Burberry Group PLC
- Daily Express: Burberry shares rose 68 pence to 1,392 pence on Thursday after Credit Suisse said the brand is set to continue outperforming competing labels
Centrica PLC
- Bloomberg: Centrica, Dong Energy and Siemens AG have completed a $660 million funding agreement for a wind farm off the UK, the first deal of its kind in the country
- Reuters: Centrica and Norway's Statoil have extended their agreement to together tap gas resources in British and Norwegian waters until June 2013
Diageo PLC
- Sacramento Bee: Diageo has acquired Cabin Fever Maple Flavored Whisky
GKN PLC
- 4-traders: GKN Driveline, part of GKN Plc, has expanded its presence in Mexico, opening its third precision forge in Celaya, with an investment of $11.5 million
GlaxoSmithKline PLC
- Nasdaq: US Food and Drug Administration has approved GlaxoSmithKline’s Horizant Extended-Release Tablets for the management of postherpetic neuralgia in adults
HSBC Holdings PLC
- Reuters: HSBC has agreed to sell its Greek stock broking business, HSBC Securities, to a group of investors led by the unit's current managing director Nikos Pantelakis
- Reuters: Turkish lender Isbank has been mandated by the Pakistan Central Bank to buy Europe's biggest bank HSBC's branches in Pakistan
Royal Dutch Shell Plc
- Jakarta Post: Shell and Japan-based Inpex Corporation will invest upwards of $20 billion to develop the gas-rich Masela block in the Arafura Sea south of Papua, Indonesia
- Sky News: Shell will close a Sydney refinery in September, creating uncertainty for up to 275 employees and at least 100 contractors
- Reuters: Shell said it was shutting an unspecified unit at the upgrader facility of its 100,000-barrels-per-day Scotford refinery near Edmonton in Alberta, Canada
Tullow Oil PLC
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