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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Dec 11, 2012 at 03:33

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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  • Indian Express: Barclays Capital Mauritius has acquired 1.16 million shares of Indian private sector lender Karnataka Bank for $4.14 million

BP PLC

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  • Oil & Gas Eurasia: TNK-BP is reinvesting $74.5 million of tax benefits in oil production development in Orenburg region in Russia in 2013
  • Mining Weekly: Indonesia's Tangguh liquefied natural gas project Train 2 has resumed production after a fire forced operator BP to shut it down in mid-November
  • Bloomberg: BP sold a cargo of Russian Urals crude to Trafigura Beheer BV in northwest Europe at a higher price than the previous trade
  • Oil & Gas Eurasia: TNK-BP announces completion of construction of a gas pipeline from its Verkhne-Kolik-Yoganskoe field to the Bakhilovskaya Compressor Station

Diageo PLC

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  • Equities: Diageo has announced a $10 million strategy to empower two million women in 17 countries in Asia-Pacific by 2017

DS Smith PLC

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  • Insider Media: Packaging company Cepac has agreed a deal to acquire DS Smith's corrugated packaging business in Darlington in the UK, formerly known as SCA Branded Packaging

GlaxoSmithKline PLC

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  • Sacramento Bee: Fred Hutchinson Cancer Research Center and GlaxoSmithKline has announced a partnership to develop therapeutics to treat an inherited form of muscular dystrophy

HSBC Holdings PLC

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  • The Daily Telegraph: HSBC is expected to pay US authorities a record $1.9 billion to settle allegations that its failure to enforce anti-money laundering rules left America's financial system exposed to drug cartels
  • Financial Times: HSBC has completed the $800 million sale of some of its central American operations to Banco Davivienda, Colombia’s third-biggest bank by assets
  • Reuters: Fitch Ratings has affirmed HSBC Bank Middle East's Long-term Issuer Default Ratings at 'AA-' and HSBC Bank Oman's Long-term IDR at 'A+'
  • Finextra: HSBC Global Payments and Cash Management has been appointed to provide liquidity management services to CLSA Asia-Pacific Market's operations across Asia

Imagination Technologies Group PLC

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  • Financial Times: Imagination Technologies has increased its offer for US chip designer MIPS Technologies to $80 million from $60 million

National Grid PLC

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  • Syracuse: A typical household in new York state would pay National Grid $5.44 a month less for electricity and $3.42 a month less for natural gas beginning April if regulators approve a three-year rate plan negotiated by the utility

Rolls-Royce Holdings PLC

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