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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.
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All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- Financial Times: Bob Diamond is threatening to reveal potentially embarrassing details about Barclays’ dealings with regulators if he comes under fire at a parliamentary hearing on Wednesday over the Libor rate-setting scandal
- The Daily Telegraph: Barclays has said it will publish a report into how staff attempted to manipulate Libor as it attempts to repair its reputation
- Daily Mail: Barclays’ shares rose 3% in London on Monday as chairman Marcus Agius's decision to step down in the wake of the rate-rigging scandal was backed by investors
BP PLC
- MarketWatch: BP faced new demands on Monday to release emails about a failed Arctic oil alliance with Rosneft that has led to a $12.5-billion shareholder suit
- Reuters: TNK-BP, which is 50%-owned by BP, has sent requests for a $500 million syndicated loan to international lenders
- RT: BP will not take part in Gazprom’s Nord Stream pipeline project that will deliver Russian gas to the UK, due to its stand-off with Russian partners in TNK-BP
Centrica PLC
- Reuters: Centrica intends to sell at least 30% of its day-ahead electricity generation on the openly traded N2EX exchange
Diageo PLC
- The Courier: Diageo's plans for a £150 million bonded warehouse which could create up to 200 long-term construction jobs have received support of Cowdenbeath area councillors
GlaxoSmithKline PLC
- Financial Times: GlaxoSmithKline has agreed to pay a record $3 billion to settle US regulators’ charges of aggressive marketing and the selective use of data from clinical trials in its promotion of drugs
- Reuters: GlaxoSmithKline’s experimental once-daily lung drug LAMA/LABA showed positive results in four late-stage trials in patients with chronic obstructive pulmonary disease
HSBC Holdings PLC
- The Independent: George Osborne, the Chancellor, was wrong when he declared last week that HSBC was under investigation over Libor fixing, it emerged on Monday
Legal & General Group PLC
- Professional Pensions: The Co-operative Group has appointed Legal and General to administer the defined contribution section of its revamped pension scheme
Royal Dutch Shell Plc
- Fox: A Brazilian judge has ordered Shell and BASF SE to pay $500 million in compensation for hundreds of ex-workers suing for damages in a suspected plant contamination case
- The Wall Street Journal: Shell has agreed to sell its stake in its most prolific Nigerian oil block to Shoreline Natural Resources in an $850 million deal
- Bloomberg: Shell has fulfilled one of the final steps required for permission to drill exploratory wells in Arctic waters
Tullow Oil PLC
- Financial Express: Tullow Oil plans to close down Bangladesh operations by December 2012 as part of its divestment move of all its Asian assets
Unilever PLC
- NDTV: Hindustan Unilever has given a 23% pay hike to Nitin Paranjpe, CEO of the company; his remuneration for the year 2011-12 stands at $1.759 million
Vodafone Group PLC
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