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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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  • Financial Times: Hector Sants will join Barclays as head of its newly centralised compliance and government relations functions

BG Group PLC

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  • Latin American Herald Tribune: Honduras’ government has signed a memorandum of understanding with BG Group covering oil and gas exploration in the northeastern jungle region of La Mosquitia, which borders Nicaragua

BP PLC

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  • Reuters: Rosneft has finalised a deal to buy half of TNK-BP for $28 billion
  • Bloomberg: BP’s guilty plea in the 2010 deaths of 11 crew members of the Deepwater Horizon drilling rig in the Gulf of Mexico will be considered by a federal judge in New Orleans on 29 January
  • Bloomberg: BP purchased Forties lot F1216 at 60 cents a barrel more than Dated Brent for loading 29-30 December

BT Group PLC

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  • Wall Street Journal: BT Group has sold its remaining 9.1% stake in India outsourcing company Tech Mahindra for about $183 million

GlaxoSmithKline PLC

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  • StockMarketWire: Panmure Gordon has upgraded GlaxoSmithKline from hold to buy, with target price raised from 1450 pence to 1500 pence

HSBC Holdings PLC

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  • Bloomberg: HSBC’s Mexican branches had become so well-known to drug traffickers as the place to launder proceeds from illicit sales that cartels began using special boxes to speed transactions, US prosecutors said

Imagination Technologies Group PLC

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  • ShareCast: Imagination Technologies Group posted a 27% rise in its half-year revenue to £71.4 million

Lloyds Group PLC

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  • The Daily Telegraph: Lloyds Banking Group is to offer a new online annuity comparison service; the service will compare quotes from 11 annuity providers

Royal Dutch Shell Plc

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  • The Bangkok Post: Shell's Thai unit is embarking on a $32.7 million investment programme to revamp and increase the number of its service stations next year
  • Reuters: Waitrose, the British supermarkets chain owned by John Lewis, would not go ahead with plans to expand a joint venture with Shell at the oil company's petrol stations

Tullow Oil PLC

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  • StockMarketWire: Credit Suisse has downgraded Tullow Oil from outperform to neutral, with target price cut from 1550 pence to 1480 pence
  • AllAfrica: Tullow Oil has denied that it is planning to pull out the Uganda oil market because of the delays in resolving outstanding issues in the sector

Unilever PLC

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1 comment so far. Why not have your say?

doug186

Dec 13, 2012 at 14:59

You regulary report on BP.They have a 40% interest in Vivergo.What do you know of Vivergo's dispute with the Redhall Group which has been going on for over 18 months? To the best of my knowledge, there has been 2 arbitrations and now judgement is awaited following a court case. BP have endless disputes and court cases that cost their shareholders a lot ot money. Surely they can settle this case out of court or is it part of their culture now to be seen throwing their weight around?

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