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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.

 
Citywire Top Stocks Daily News Digest

All the news from across the web about the companies featured in Citywire's Top Stocks

Barclays PLC

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  • Bloomberg: Barclays and the US Justice Department said the bank’s settlement of allegations involving its manipulation of the London interbank offered rate has “no effect” on a 2010 deferred-prosecution agreement requiring the bank to stay out of criminal trouble
  • The Guardian: US politicians are considering summoning Barclays' former boss Bob Diamond to Washington to answer questions about the Libor-fixing scandal
  • The Daily Telegraph: Sir Mike Rake has sounded out investors about becoming chairman of Barclays and has told them he will quit the boards of easyJet and BT to do it

BP PLC

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  • Reuters: US Labor Secretary Hilda Solis plans to announce a settlement on Thursday with BP’s US refining subsidiary over remaining safety violations found at the company's Texas City refinery in 2009
  • Reuters: TNK-BP, half owned by British oil major BP, is looking to sell a blocking stake in a Siberian power plant within three years

Burberry Group PLC

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  • Financial Times: Burberry has reported an 11% year-on-year increase in first-quarter sales to £408 million, undershooting analysts’ forecasts of £418 million

Centrica PLC

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  • build.co.uk: Centrica has said that its proposed Race Bank offshore wind farm project has been approved by the Department of Energy and Climate Change

GKN PLC

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  • Businessweek: GKN Plc said it is exploring a deeper push into the single-aisle jet market

GlaxoSmithKline PLC

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  • Chicago Tribune: An experimental once-daily AIDS drug from GlaxoSmithKline and Shionogi proved better than Gilead's market-leading Atripla in a late-stage clinical trial, increasing hopes for the product
  • The Wall Street Journal: GlaxoSmithKline says data have been received from the Phase III Harmony 8 study and from the event driven meta-analysis for assessment of cardiovascular safety conducted across the albiglutide clinical programme

HSBC Holdings PLC

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  • Financial Times: HSBC may be fined up to $1 billion for failing to have appropriate controls in place to ensure it did not facilitate the financing of terrorism and other criminal activities

National Grid PLC

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  • The Daily Telegraph: National Grid chief Steven Holliday was investigated for potential misuse of expenses as part of an inquiry into allegations that he sexually harassed an employee

Royal Dutch Shell Plc

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  • Bloomberg: Shell has received conditional approval from Alberta’s energy regulator for a carbon capture and storage project planned north of Edmonton
  • Reuters: Shell plans to start pumping gas from its gas joint venture in southern Iraq in the next three weeks at 60 million cubic feet per day
  • Bloomberg: Shell will buy Norwegian liquefied natural-gas supplier Gasnor for $74 million to target marine customers before new environmental regulations are introduced in 2015

Unilever PLC

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  • Equity Bulls: A meeting of the Board of Directors of Hindustan Unilever will be held on 23 July to take on record the unaudited financial results for the quarter ended 30 June

Vodafone Group PLC

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