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Citywire Top Stocks Daily News Digest
by Himanshu Singh on Dec 05, 2012 at 05:07
All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- Bloomberg: Barclays’ deferred prosecution for dealings with sanctioned countries has ended
BG Group PLC
- The Age: After unveiling a $5 billion blowout earlier this year, BG Group is confident costs are under control at its huge Curtis LNG project in Australia
BP PLC
- Reuters: State Oil Co of Azerbaijan urged BP for a rapid completion of repairs at the Caspian natural gas field of Shah Deniz as demand for the fuel grows in winter
- The Salt Lake Tribune: Utah is suing BP Amoco for allegedly double-dipping insurance reimbursements tied to cleanups of leaking underground tanks
- Chicago Tribune: Igor Lazurenko, a former TNK-BP employee, may have confessed to fraud out of fear during a meeting in the office of German Khan, the head of the oil company and one of Russia's most prominent businessmen, according to a British High Court judge
BT Group PLC
- Financial Times: BT will on Wednesday say that Openreach will next summer charge broadband providers £38 a month for its 330Mbps fibre-to-the-premises service, down from £60 a month currently
- 4-traders: BT has introduced BT One Cloud for the Brazilian market designed to increase workforce productivity, motivation and efficiency by reducing travel time and expenses
Diageo PLC
- Beverage Daily: Diageo has filed patents in a range of nations detailing a formulation process for alcoholic cocktails, sold in bottles at ambient temperatures then frozen by consumers to form a ready-to-serve pourable slush
GlaxoSmithKline PLC
- Economic Times: GlaxoSmithKline’s open offer to acquire 31.8% stake in its Indian subsidiary GlaxoSmithKline Consumer Healthcare will begin on January 17 next year
- Jags Report: Societe Generale reaffirmed buy rating on shares of GlaxoSmithKline; price target on stocks stands at $29.31
Lloyds Group PLC
- FT Adviser: Lloyds Banking Group shrank its loan books by £2.7 billion in the three months to September, despite the launch of the Bank of England’s Funding for Lending Scheme
- Financial News: Lloyds Banking Group is poised to make a round of cuts to its currency trading team, at a time when many dealers’ revenues from foreign exchange trading are suffering amid declining volumes
National Grid PLC
- Recharge: National Grid will make a $40 million equity investment in Clean Line, developer of long distance, high-voltage direct current transmission projects for moving large-scale wind energy from the US Midwest to market
- Equities: National Grid has reported profit attributable to equity shareholders of the parent of £1.05 billion, or 28.7 pence per diluted share, for the six months ended 30 September
Premier Oil PLC
Markets
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Today's top headlines
- Sunday Papers: Shell warns against commodity market regulation
- Saturday Papers: Backlash to hit scandal-tainted City
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- High Court judge imposes freezing order on Harlequin bosses' assets
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