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All the news from across the web about the companies featured in Citywire's Top Stocks
BP PLC
- gCaptain: BP is seeking a reduction of as much as $3.4 billion in the fine it may have to pay for pollution caused by the 2010 Gulf of Mexico oil spill
- 9WSYR: Phil Cochrane, an executive with BP Alaska, says the company plans to add two new rigs on the North Slope this year but won't search for or produce new sources of oil
- Bloomberg: TNK-BP’s spending on East Siberia’s Verkhnechonsk oilfield has increased to $3 billion
- The Business Times: BP’s 400,780 barrel per day Texas City, Texas, refinery reported an increase in the particulate matter released from the gasoline-producing Fluidic Catalytic Cracking Unit No 1 on Saturday
Diageo PLC
- Herald Scotland: Diageo’s drive to take control of India’s United Spirits is being held up by objections by the Indian regulator that could push up the £1.3 billion price tag
First Quantum Minerals PLC
- MarketWatch: Vancouver-based miner First Quantum Minerals has accused Inmet Mining of trying to sabotage the $5.17 billion takeover offer it has made for its Canadian rival
- MarketWatch: Leucadia National Corp, the largest shareholder in Inmet Mining, said it will tender its Inmet stake to First Quantum Minerals’s takeover offer
GlaxoSmithKline PLC
- The Daily Telegraph: GlaxoSmithKline has been accused of "corporate greed" by a small business group for extending the amount of time it takes to pay its suppliers to up to three months
HSBC Holdings PLC
- Bloomberg: HSBC Holdings's private bank advised clients to not add money to Steven A Cohen's SAC Capital Advisors LP amid a US government insider-trading investigation into the hedge fund
Lloyds Group PLC
- The Daily Telegraph: Lloyds Banking Group's chief executive, Antonio Horta-Osorio, is set to receive a £4 million bonus this year despite a forecast loss at the taxpayer-backed bank
Royal Dutch Shell Plc
- Fox Business: Shell Oil shut an alkylation unit at its oil refinery in Martinez, California, after discovering a leak in a propane line at the unit's reactors, a filing made public on Saturday said
- Fox Business: Shell’s plans to continue to explore Arctic waters for oil this year hinge on how quickly it can repair an oil rig damaged last week off the coast of Alaska, according to analysts
Tullow Oil PLC
- Financial Times: Tullow Oil has blamed an enforced shutdown of production at one of its remaining UK assets in the North Sea for a “slight shortfall” in production that averaged 79,000 barrels of oil equivalent a day last year as against the forecast of 80,000-84,000 boe/d
- Bloomberg: Tullow Oil more than doubled write-offs in 2012 on unsuccessful wells in Guyana, Suriname and Ghana
Vodafone Group PLC
- Wall Street Journal: Senior Indian tax officials plan to meet with representatives of Vodafone Group this week to try to resolve a tax dispute with the British company
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Today's articles
A new look at fund charges and why they matter by Gavin Lumsden
Week Ahead: the conundrum behind the rally by Chris Marshall
Friday Five: times when you need financial advice by Michelle McGagh
Gold heads for 7th down day while FTSE stalls by Chris Marshall
Saturday Papers: Backlash to hit scandal-tainted City by Himanshu Singh
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A new look at fund charges and why they matter
by Gavin Lumsden on May 17, 2013 at 13:49
2 comments so far. Why not have your say?
Bryan Cheetham
Jan 14, 2013 at 08:46
I think this is a good time to sell all my shares
report thisgravedigger
Jan 14, 2013 at 14:49
India is a country with great potential.....and always will be.
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