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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
- Reuters: Barclays, Credit Suisse and JP Morgan have underwritten a $1.5 billion financing package to back South African mining company Gold Fields' demerger of two gold mines and refinance existing Gold Fields debt
BP PLC
- The Daily Telegraph: Minority shareholders in BP's Russian joint venture TNK-BP have applied to withdraw a $3.2 billion damages claim against BP
- Wall Street Journal: BP has told investors it is raising capital spending to between $24 billion and $27 billion a year in 2014 to 2020 from $19.1 billion last year
- UPI: BP has announced it completed the sale of several assets in the deep waters of the Gulf of Mexico to Plains Exploration and Production
- Industry Week: BP’s Indonesian subsidiary on Monday said a $12.1 billion deal to expand its liquid natural gas operations in the country has received final approval
- nwi.com: BP is suing five companies associated with a fireproofing material used in its multibillion-dollar modernization project at the Whiting Refinery in the US, claiming the product is defective and causing property damage
GlaxoSmithKline PLC
- Reuters: GlaxoSmithKline expects to have pivotal clinical trial results on up to 14 medicines in the next two years, including two new products which - if they work - could change the way cancer and heart disease are treated
- Ventures: South Africa’s Aspen Pharmacare has bought a portfolio of 25 medicines from GlaxoSmithKline in a deal worth $263 million
ITV PLC
- The Guardian: ITV shares climbed 2.4 pence to 101.3 pence in London on Monday on news of positive viewing figures for the finale of its reality show I'm a Celebrity
Lloyds Group PLC
- Bloomberg: Lloyds Banking Group and Banco Santander’s UK unit cut lending by a combined $10 billion in the UK, central bank data show
- The Guardian: HMV has sold most of its remaining live music assets for £7.3 million to the private equity arm of Lloyds Banking Group
Royal Dutch Shell Plc
- Bloomberg: Shell is expanding plans to make liquefied natural gas a fuel for ships and trucks as the energy producer looks to profit from the cheapness of US gas compared with oil
- The Daily Caller: Shell CEO Peter Voser has argued that hydraulic fracturing — also known as fracking — done in the right way does not cause groundwater pollution
Tullow Oil PLC
- 2merkato: Tullow Oil has announced that it is about to start drilling its first exploration well in Southern Omo in Ethiopia
Vodafone Group PLC
- Smart Company: Vodafone Australia has been given a $2 billion life-line by its international shareholders to help upgrade infrastructure
- TeleGeography: Vodafone Group has announced the creation of a new Group Enterprise unit, which will begin operating from the start of next year
- TeleGeography: Vodafone Ireland plans to roll out fourth-generation (4G) mobile services in the Republic by the summer of 2013
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