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Citywire Top Stocks Daily News Digest
by Himanshu Singh on Dec 10, 2012 at 05:36
All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- The Daily Telegraph: Barclays has fought back in its swaps mis-selling case against Guardian Care Homes, saying that the company had sufficient "market sophistication" to understand the product it was being sold
- ShareCast: An international trade war is threatening to erupt over an American plan that would force Barclays and Deutsche Bank to pump more cash into their Wall Street operations
BP PLC
- Australian Financial Review: BP will reportedly sell liquefied natural gas to Japan in a contract based for the first time on US domestic gas prices, rather than the usual link to the much higher price of crude oil
Diageo PLC
- The Guardian: Diageo has held talks with the Japanese brewer Suntory about striking a $10billion deal to acquire some of Beam's brands
HSBC Holdings PLC
- Financial Times: HSBC has been downgraded by one notch to double-A minus by Fitch on the back of a tougher global regulatory environment and the bank’s rapid expansion into more risky emerging markets
Rolls-Royce Holdings PLC
- The Daily Telegraph: Rolls-Royce has been accused of paying $20 million and a blue Rolls-Royce car to the son of the former president of Indonesia to win a contract to supply engines
- Financial Times: A whistleblower has alleged for at least six years that Rolls-Royce paid bribes to secure business for its civil aircraft engines in Indonesia
Royal Dutch Shell Plc
- Otago Daily Times: Shell, which is 70% of the way through assessing its $80 million of data on Great South Basin gas prospects, will probably announce by mid-2013 if it will fund a southern deep-water drilling programme
Unilever PLC
- Financial Times: Unilever is to put £100,000 into a major start-up support programme to help accelerate the growth of promising early stage British media companies
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