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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
BP PLC
- 4-traders: BP announced yesterday that it has awarded the first contracts for Project 20K™, a multi-year initiative to develop next-generation systems and tools to help unlock the next frontier of deepwater oil and gas resources
GlaxoSmithKline PLC
- The Guardian: A GlaxoSmithKline sales representative has been found guilty of promoting a medicine for an unlicensed use, just months after the drugmaker was fined a record $3 billion for mis-selling drugs in the US
- Jags Report: Jefferies Group reaffirmed their hold rating on shares of GlaxoSmithKline in a report issued on Monday
HSBC Holdings PLC
- 4-traders: HSBC has settled a case brought by a fund over losses it suffered during the collapse of fraudster Bernie Madoff's financial empire, potentially paving the way for more claims against fund custodians
Micro Focus International PLC
- Jags Report: JP Morgan Chase reaffirmed their neutral rating on shares of Micro Focus International in a report issued on Monday
Royal Dutch Shell Plc
- Fuelfix: Royal Dutch Shell PLC says it has shut down a pipeline in Nigeria’s oil-rich southern delta after finding leaks it blamed on oil thieves
- Offshore: Shell Offshore Inc, a subsidiary of Royal Dutch Shell, has awarded Technip a lump sum contract for the development of subsea infrastructure for the Cardamom field located in the Gulf of Mexico
Vodafone Group PLC
- The Daily Telegraph: Verizon Wireless has agreed to pay a dividend of $8.5 billion to its parents Verizon Communications and Vodafone
- Bloomberg: Vodafone Group, grappling with shrinking wireless revenue in European markets such as Spain and Italy, is courting new sales partners
Xstrata PLC
- The Independent: Standard Life Investments, one of the 10 largest shareholders in Xstrata, is to vote against a pay plan tied to the miner's $33 billion takeover by commodities trader Glencore, arguing the plan is unnecessarily greedy
- Bloomberg: Xstrata is considering a revised offer for Lonmin
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