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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
- Financial Times: Barclays is to cut its bonus pool after a year of expensive scandals at the bank which is expected to cost it over £3 billion
- Financial Times: Barclays has sold the business loans portfolio of its shuttered Indian retail division to Kotak Mahindra Bank for an undisclosed amount
BG Group PLC
- The Daily Telegraph: BG Group reported a 12% fall in pre-tax profits for 2012 to $6.4 billion, in large part because of previously announced write-downs on the value of US shale gas assets
- Reuters: BG Group abandoned its ambitions to become a 1-million-barrels-a-day oil and gas producer by 2015 on Tuesday as it took further stock of setbacks that have hammered its share price in the past three months
- Nasdaq: The Jasmine field, an important North Sea oil-and-gas field, will open in the fourth quarter of 2013, helping to drive up BG Group’s production, the company said
BP PLC
- Bloomberg: BP’s fourth quarter net income fell to $1.6 billion from $7.7 billion a year earlier as oil and natural gas production slipped
- Financial Times: BP is facing damages demands of more than $34 billion from US states and local government over the 2010 Deepwater Horizon disaster, a figure that could lead to significant upward revisions of its potential bill for the Gulf of Mexico spill
Diageo PLC
- The Hindu: Diageo has got the Securities and Exchange Board of India’s clearance for an open offer to acquire 26% stake from public shareholders of United Spirits, a UB group firm
- The Hour: Diageo further confirmed its commitment to the environment by making the switch to begin using electricity from 100% renewable sources at its Norwalk headquarters in the US
GlaxoSmithKline PLC
- MarketWatch: GlaxoSmithKline has successfully increased its stake in GlaxoSmithKline Consumer Healthcare, its publicly-listed Consumer Healthcare subsidiary in India, to 72.5%, from 43.2%
- Financial Times: The campaign to persuade drug companies to release all clinical trial data received a boost on Tuesday, when GlaxoSmithKline declared that it would disclose much more background information about its trials
Premier Oil PLC
- StockMarketWire: Premier Oil Financial Director Anthony Durrant has bought 33 shares in the company at a price of 381.50 pence; the director now holds 774,727 shares
Rotork PLC
- Process and Control Today: Rotork has announced the acquisition of the entire share capital of the operating companies of the Schischek group
BP PLC
- Wall Street Journal: BP ceded its spot as the biggest crude-oil producer in US Gulf of Mexico federal waters to rival Shell as BP's 2012 output declined due to major maintenance work and asset sales
Royal Dutch Shell Plc
- Fox Business: Shell on Tuesday said it will increase capacity at its Singapore petrochemical plant to meet demand for specialised materials used in the automotive and furniture industries
Tullow Oil PLC
- New Vision: Ugandan service providers are losing out on deals they had initially won from Tullow Oil in favour of foreign firms
Unilever PLC
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