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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
BP PLC
- Bloomberg: The TNK billionaires, who agreed to sell out of their oil venture with BP for $28 billion, said they plan to invest most of the proceeds in Russia after President Vladimir Putin said he “hoped” they would
- Scotsman: Russian oil giant Rosneft has signed two loan agreements with a group of international banks for $16.8 billion to finance the acquisition of a 50% stake in TNK-BP from BP
- Bloomberg: BP has signed an agreement to supply liquefied natural gas from its Tangguh plant in Indonesia to the country’s state-owned electric utility PT Perusahaan Listrik Negara for 20 years
- Bloomberg: BP and China International United Petroleum & Chemical Co., known as Unipec, bought East Siberia-Pacific Ocean, or ESPO, crude cargoes
Diageo PLC
- The Daily Telegraph: Diageo has opened a whisky clubhouse in Beijing to meet growing demand
GlaxoSmithKline PLC
- TopNews: GlaxoSmithKline has recalled Asmol and Ventolin inhalers due to fears they may deliver inconsistent doses
HSBC Holdings PLC
- The Huffington Post: Three Atlanta-area counties have filed a lawsuit claiming that HSBC cost them hundreds of millions of dollars in extra expenses and damage to their tax bases by aggressively signing minorities to housing loans that were likely to fail
Melrose PLC
- Bloomberg: Petroceltic International, which in August bought Melrose Resources for $267 million, plans to move to the main board of the London Stock Exchange in May
Micro Focus International PLC
- 4-traders: One of the subsidiaries of Micro Focus International has reached a definitive agreement with Progress Software for the acquisition of intellectual property and other assets and the assumption of liabilities associated with Progress's Orbix, Orbacus and Artix software product lines, for a total consideration of $15 million
Virgin Media INC
- Zolmax News: Zacks reaffirmed their neutral rating on shares of Virgin Media with a $38.00 price target on the stock
Vodafone Group PLC
- Zacks: Vodafone India seeks to extend its license for operation in three of its service areas — Delhi, Mumbai and Kolkata
- MoneyControl: Vodafone India has expressed concern over government's decision to put on the block all spectrum that is currently being held by telecom operators whose licences are expiring in 2014
Weir Group PLC
- Equities: The Weir Group has announced the lifting of a suspension of UK shale gas exploration
Xstrata PLC
- Wall Street Journal: Xstrata has raised its estimate for the initial cost of a planned copper-and-gold mine in Papua New Guinea; the initial cost will be US$300 million higher than had been estimated
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Henderson Global Investors: 2014 looks set to be another strong year for UK commercial property
Andrew Friend, acting co-manager*, and Marcus Langlands Pearse, co-manager of the Henderson UK Property Unit Trust (HUKPUT), provide an overview of the key risks and opportunities for the UK commercial property market.
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Today's articles
Investment Trusts: the ultimate challenge of liquidity by Gavin Lumsden
Six best ideas from a top European fund manager by Wealth Manager Team
Can German property investment trusts be rehabilitated? by James Carthew
Primark's US ambitions prop up FTSE by Daniel Grote
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Investment Trusts: the ultimate challenge of liquidity
by Gavin Lumsden on Apr 23, 2014 at 09:00
3 comments so far. Why not have your say?
Norman
Dec 27, 2012 at 10:17
NO 'pop-ups' PLEASE!
report thisPat Stubbs
Dec 27, 2012 at 11:11
Please move the pop ups. It is so frustrating and prompts me to leave the site.
report thisbrian douglas
Dec 27, 2012 at 18:29
rather lose the pops as well
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