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Citywire Top Stocks Daily News Digest
by Himanshu Singh on Dec 07, 2012 at 03:54
All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- Financial Times: Barclays and Absa Group, one of South Africa’s top four banks, on Thursday said they planned to combine their Africa operations in a £1.3 billion deal
- The Guardian: Hector Sants, the former chief executive of the Financial Services Authority, is in talks to join embattled Barclays in a senior role barely six months after the leaving the City regulator
BG Group PLC
- Financial Times: BG Group is exploring selling more assets linked to its $20 billion natural gas development in Australia
BP PLC
- Nola: BP is building the world's largest complex of supercomputers for commercial research in the US for processing and management of massive amounts of geological and seismic data
- Bloomberg: The BP-led Shah Deniz 2 natural gas project in Azerbaijan will cost $28 billion, up from the previous estimate of $25 billion
- Economic Times: BP, along with its partner Reliance Industries, has begun drilling on a satellite discovery surrounding the now flagging gas fields in the KG-D6 block in India
BT Group PLC
- Business Standard: BT Group plans to raise about $184.71 million by selling its remaining stake of 9.09% in India’s Tech Mahindra, a joint venture between BT and Mahindra & Mahindra
DS Smith PLC
- Financial Times: Pre-tax profit of DS Smith rose from £60.8 million to £88.9 million in the half to October 31 as sales went up almost two-thirds to £1.7 billion
First Quantum Minerals PLC
- The Northern Miner: First Quantum Minerals has started commercial production at its Kevitsa open-pit, nickel-copper mine in northern Finland
GlaxoSmithKline PLC
- Daily Political: GlaxoSmithKline’s stock had its “underperform” rating reaffirmed by research analysts at Exane BNP Paribas with target price of $23.33
HSBC Holdings PLC
- The Daily Telegraph: HSBC is expected to pay more than $1.5 billion in fines to US authorities within weeks to settle money-laundering investigations into its business
Imagination Technologies Group PLC
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