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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Dec 17, 2012 at 02:56

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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  • Bloomberg: Cisco Systems has hired Barclays to find a buyer for Linksys, which makes routers for home wireless access
  • Reuters: Barclays has denied that it manipulated electricity markets and predicted in a tersely worded regulatory filing that the US Federal Energy Regulatory Commission's case, and proposed record penalties, will not hold up in court

BP PLC

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  • Financial Times: BP is seeking to change the terms of its contract with the Iraqi government for the Rumaila oilfield in a reflection of the challenges facing western oil companies

First Quantum Minerals PLC

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  • MarketWire: First Quantum Minerals intends to make an offer to acquire all of the outstanding shares of Inmet Mining for C$5.1 billion

National Grid PLC

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  • The Daily Telegraph: National Grid has accused the energy regulator Ofgem of making "numerous errors and questionable judgments" in deciding that almost £5 billion should be slashed from the company's £33.5 billion spending plans

Xstrata PLC

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  • The Daily Mail: Investors in Xstrata, which is merging with Glencore in a £50 billion deal, want the combined firm to boost its corporate governance standards through appointment of truly independent non-executive directors

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