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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jan 08, 2013 at 03:42

Citywire Top Stocks Daily News Digest

All the news from across the web about the companies featured in Citywire's Top Stocks

BP PLC

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  • Bloomberg: Azerbaijan exported less crude oil through the port used by the BP-led Baku-Tbilisi-Ceyhan pipeline last year as the nation’s production declined
  • Bloomberg: The Energy Technologies Institute, backed by Shell and BP, invested $25 million in the UK to build the world’s longest turbine blades to try to curb offshore wind costs

BT Group PLC

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  • 4-traders: BT has revealed that New Year's Eve 2012 saw a massive year on year rise over its BT Wi-fi network - the largest in the UK with more than 4.5 million hotspots

Diageo PLC

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  • Reuters: Diageo's mandatory tender offer to buy up to 26% of shares in India's United Spirits has been postponed as the deal has yet to receive local regulatory approvals
  • Jags Report: Exane BNP Paribas reaffirmed their neutral rating on shares of Diageo with a $28.70 price target on the stock

Howden Joinery

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  • Daily Political: Equities researchers at Jefferies Group set a “hold” rating on Howden Joinery Group and a $2.60 price target on the stock

Imagination Technologies Group PLC

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  • Jags Report: Investec reissued their hold rating on shares of Imagination Technologies Group, with a $7.96 price target on the stock

Lloyds Group PLC

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  • Daily Political: Researchers at Grupo Santander reiterated “buy” rating on Lloyds Banking Group with a $1.07 target price on the stock

National Grid PLC

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  • Boston.com: US attorney general Martha Coakley on Monday fined National Grid $270,000 as the utility failed to pay employees for work performed during Hurricane Sandy
  • Financial Times: Fears of a dividend cut pulled National Grid down 2.4% to 694 pence on Monday, its sharpest fall since July, in a weaker London market
  • Jags Report: Deutsche Bank reissued their sell rating on shares of National Grid with a $9.75 target price on the stock

Premier Oil PLC

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  • Proactive Investors: Nomura has upgraded oil firm Premier Oil to 'buy' from 'reduce' and upped its price target to 500 pence from 476 pence previously

Rolls-Royce Holdings PLC

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