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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Nov 16, 2012 at 03:25

Citywire Top Stocks Daily News Digest

All the news from across the web about the companies featured in Citywire's Top Stocks

Barclays PLC

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  • Bloomberg: Barclays’ $3 billion of notes that can be written off in a crisis tumbled in their first day of trading, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority

BG Group PLC

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  • Fox Business: BG Group has agreed to sell its stake in Argentine natural gas distributor Metrogas, a spokesman for Metrogas confirmed on Thursday

BP PLC

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  • The Daily Telegraph: BP has pleaded guilty to manslaughter over the deaths of 11 men in the Gulf of Mexico disaster and will pay $4.5 billion in a record settlement with US authorities

BT Group PLC

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  • Benzinga: BT Group to acquire Tikit Group for approximately $102 million

GlaxoSmithKline PLC

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  • Businessweek: GlaxoSmithKline agreed to pay $90 million to settle claims by 37 U.S. states and the District of Columbia that the company illegally promoted the Avandia diabetes medicine

National Grid PLC

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  • The Independent: National Grid reported a 21% increase in first-half pre-tax profits yesterday and revealed that Superstorm Sandy on the US east coast will cost it around £100 million

Premier Oil PLC

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  • Businessweek: Premier Oil said delays in starting North Sea fields will hold back production in 2013

Royal Dutch Shell Plc

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  • Businessweek: Royal Dutch Shell said its shale gas project in China will require billions of dollars in investment from 2014 before it can supply the domestic market

Vedanta Resources PLC

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