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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
Barclays PLC
- The Daily Telegraph: Zimbabwe is now targeting Western banks, including Barclays, with operations in the country after top African conglomerate Ecobank complied with black empowerment laws of selling majority shares to locals
- The Daily Telegraph: A move to block the naming of 42 Barclays staff named in documents linked to the investigation into Libor-rigging has been branded "implausible" and "over-stated"
BP PLC
- The Daily Telegraph: BP's safety standards are likely to come under scrutiny once more after an attack and kidnapping at its jointly-operated In Amenas gas field in Algeria, in which two men have reportedly been killed
- The Guardian: Warnings that the world is headed for "peak oil" appear "increasingly groundless", BP's chief executive Bob Dudley said on Wednesday
BT Group PLC
- Daily Political: BT Group’s stock had its “hold” rating restated by equities researchers at Deutsche Bank; the bank’s stock has a target price of $4.32
Diageo PLC
- Hindustan Times: India’s fair trade regulator is believed to have expressed reservations over the proposed purchase of a majority stake in UB group's United Spirits by Diageo
DS Smith PLC
- Lesprom: The Board of DS Smith announced that Steve Dryden, Group Finance Director, intends to step down from the Board to take up a role in a private equity backed business
Experian PLC
- Fox Business: Experian on Wednesday reported third-quarter total and organic revenue growth of 7% at constant exchange rate
- Daily Political: Investment analysts at Jefferies Group reiterated “hold” rating on shares of Experian as they fixed $18.47 target price on the stock
Legal and General Group PLC
- Financial Times: Paul Milsom, 45, a former equities sales trader at the investment arm of Legal & General, has indicated that he will plead guilty in the UK financial regulator’s biggest investigation into insider trading
Rolls-Royce Holdings PLC
- The Daily Telegraph: Rolls-Royce pushed into growth markets as it announced a $75 million contract to work on the world's longest pipeline in China, as well as a deal to service the Saudi air force
Royal Dutch Shell Plc
- Reuters: Ukraine moved closer to $10 billion shale gas deal with Shell
Smith & Nephew PLC
- Bloomberg: Smith & Nephew won an appeals court ruling reinstating an $85 million patent-infringement verdict against Arthrex Inc over anchoring devices used in shoulder surgery
Tullow Oil PLC
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- Smith & Nephew PLC
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- Xstrata PLC
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