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Citywire Top Stocks Daily News Digest
by Himanshu Singh on Dec 17, 2012 at 02:56
All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- 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
- 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
- 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
- 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
- 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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