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Citywire Top Stocks Daily News Digest
by Himanshu Singh on Dec 14, 2012 at 05:10
All the news from across the web about the companies featured in Citywire's Top Stocks
Afren PLC
- Scandinavian Oil Gas Magazine: Afren East African Exploration, a wholly owned subsidiary of Afren, has commenced a major 3D seismic programme in the Seychelles
Barclays PLC
- Fox Business: Barclays is planning to cut up to 2,000 jobs in its investment bank as part of a broader overhaul as it continues to look for ways to streamline operations
- Reuters: Barclays has lost Michael Carter, Michal Katz and Erik-Jaap Molenaar, three of its top technology investment bankers in New York, this week to a rival
- Daily Mail: Barclays is to announce a major overhaul of its businesses in the New Year in an ethical cleansing exercise aimed at regaining trust after its reputation was trashed by the Libor scandal
BG Group PLC
- Financial Times: BG Group will replace its chief executive, Sir Frank Chapman, with Chris Finlayson following a protracted run-off for the position that started last year
BP PLC
- Reuters: BP is close to reaching a deal with Iraq to cut the final production target for the supergiant Rumaila oilfield to between 1.8 million and 2.2 million barrels per day
- CBS Houston: BP has been going to the site of the Deepwater Horizon disaster in the Gulf of Mexico with the Coast Guard to see if any more oil is seeping through the capped containment dome
GlaxoSmithKline PLC
- Wall Street Journal: Mayne Pharma is poised to raise around $19 million to fund the acquisition of morphine-based pain-relief product Kapanol from GlaxoSmithKline in Australia
- Daily Political: GlaxoSmithKline was upgraded by investment analysts at Credit Suisse to a “neutral” rating in a note issued to investors on Thursday
National Grid PLC
- Wall Street Journal: National Grid president Tom King has apologised for a computer problem that has delayed paychecks for thousands of workers who put in extra hours during Sandy
Rolls-Royce Holdings PLC
- 4-traders: Rolls-Royce on Thursday announced an order worth more than £100 million to supply integrated power and propulsion systems for seven offshore drilling vessels in Brazil
Royal Dutch Shell Plc
- BusinessWire: Shell and the Technip Samsung Consortium have signed an agreement to enhance collaboration on the design, engineering, procurement, construction and installation of future innovative floating LNG facilities
Shire PLC
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