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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
Afren PLC
- Bloomberg: Afren shares jumped 9.2% to 152 pence in London on Wednesday, the highest level in 18 months, amid speculation that drilling results from its Paipai well in Kenya will soon be released
Barclays PLC
- Bloomberg: Barclays has started to consult with 9,000 U.K. employees as it prepares to eliminate jobs at its investment bank
- Bloomberg: Barclays is closing its Brazil research unit and cutting staff there amid a global restructuring, two people with direct knowledge of the matter said
BP PLC
- Reuters: BP said it is targeting 2018 for the first gas from the second phase of Azerbaijan's Shah Deniz gas project
- Bloomberg: BP will join the Trans-Anatolia project developed by State Oil Co. of Azerbaijan to deliver gas from the Caspian field of Shah Deniz to Europe
Diageo PLC
- Wall Street Journal: Paul Walsh, the chief executive of Diageo, on Wednesday said UK Prime Minister David Cameron is right to insist on a new relationship with the EU
HSBC Holdings PLC
- Fox Business: HSBC Holdings said on Wednesday that its subsidiary HSBC Bank has agreed to sell its 73% shareholding in HSBC AEDEK, its mutual fund business in Greece, to its current general manager John Vezanis, who owns the 27% shareholding not currently owned by HSBC
- Bloomberg: Renewable Energy Generation, a developer and operator of wind farms, received a $20 million loan from HSBC Holdings to buy wind turbines from Spain
- Reuters: Fitch Ratings has affirmed HSBC Bank (Panama)’s Long-term Issuer Default Rating at 'A', and Viability Rating at 'bbb'
Lloyds Group PLC
- Financial Times: Lloyds Banking Group is to shed 940 jobs across the UK, taking the total job losses announced by the state-backed lender this month to more than 1,300
- BBC: Lloyds TSB Foundation for Scotland was awarded £3.5 million by the Court of Session in Edinburgh in 2011 after raising an action against its benefactor, Lloyds Banking Group
Royal Dutch Shell Plc
- Financial Times: Ukraine is expected to sign a potential $10 billion-plus natural gas exploration and production deal on Thursday with Shell, marking the biggest investment to date in “unconventional” gas in Europe
Shire PLC
- Nasdaq: Shire has purchased 43,341 of its ordinary shares of 5 pence each through both direct purchases of Ordinary Shares and through the purchase of Ordinary Shares underlying ADRs
Unilever PLC
- The Daily Telegraph: Unilever said pre-tax profit rose 7% last year to €6.68 billion, on turnover up 10.5% to €51.3 billion
- The Independent: Celebrity Kelly Brook has helped Unilever's Magnum ice cream join its €1 billion club of brands, as shares in the consumer goods giant hit an all-time high
Vodafone Group PLC
- Fox Business: Vodafone Group has purchased 10 million of its ordinary shares on the London Stock Exchange from Barclays Capital Securities at 161.6855 pence
Xstrata PLC
- The Independent: The mining and commodities giants Glencore and Xstrata are within a whisker of consummating their £56 billion "mega-merger" after China indicated that its regulator had no reason to oppose the deal
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Sipp Investor: cash and fund manager alarm bells
by Rob Kyprianou on May 21, 2013 at 00:01
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