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Citywire Top Stocks Daily News Digest
by Himanshu Singh on Jan 04, 2013 at 04:53
All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- The Globe & Mail: Indian tax authorities are investigating a possible financial scam after seizing $5 billion worth of bills of exchange issued by Barclays from the home of a trader
- Nasdaq: Barclays roped in $297 million in fees by providing advisory and underwriting services to companies in UK to get ahead of Goldman Sachs and JP Morgan that held the first and second positions in 2011
BP PLC
- Chicago Tribune: Offshore rig contractor Transocean has agreed to pay $1.4 billion to settle US government charges arising from BP’s massive oil spill in the Gulf of Mexico in 2010
- Fox Business: Shares of BP climbed 2.4% in London on Thursday after Transocean announced a $1.4 billion settlement with the US Department of Justice over the oil-spill disaster
Diageo PLC
- The Daily Business Post: Diageo Ireland has announced that it donated over €1 million to charities, community groups and social entrepreneurs in Ireland in 2012
GlaxoSmithKline PLC
- Proactive Investors: Medical device maker GI Dynamics has entered into two separate research collaborations with GlaxoSmithKline and Medtronic to evaluate its EndoBarrier treatment for Type 2 diabetes and obesity
- Baltimore Business Journal: Maryland received $3.6 million as part of a settlement with GlaxoSmithKline over allegations related to the marketing of various drugs
HSBC Holdings PLC
- South China Morning Post: HSBC Bank (China) is selling a $160.5 million two-year floating-rate dim sum bond in the offshore market
- Middle East North Africa Financial Network: HSBC Holdings has lowered its 2013 gold price forecast, although it still expects prices to trend higher from where they are today
Imagination Technologies Group PLC
- Bloomberg: Imagination Technologies Group, the maker of chip technology for tablet computers and smart phones, surged 7.8% to 439.7 pence on Thursday, its biggest gain since 16 October
Lloyds Group PLC
- Jags Report: Exane BNP Paribas reaffirmed their outperform rating on shares of Lloyds Banking Group with a $1.02 price target on the stock
Royal Dutch Shell Plc
- Daily Mail: Shell is preparing to re-assess its Arctic drilling plans in the light of the latest setback in a trouble-strewn exploration campaign that has cost £3 billion but produced no oil
- Business First: Louisville-based Blue Equity LLC has sold The Antilles Group, a licensed user of Shell brands in Jamaica, to the Paris-based Rubis Group
Taylor Wimpey PLC
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- Barclays PLC
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- Taylor Wimpey PLC
- Unilever PLC
- Vodafone Group PLC
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