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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jan 09, 2013 at 03:28

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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  • Jags Report: Barclays Capital reaffirmed its overweight rating on Afren with a target price of $3.38 on the stock
  • Daily Mail: Shaikh Khan, a Barclays manager, has been jailed for stealing £10,000 from an elderly millionaire's account

BG Group PLC

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  • Fox Business: BG Group and its consortium partners on Tuesday announced the start of commercial production at the Sapinhoa field in block BM-S-9 offshore Brazil

Debenhams PLC

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  • Bloomberg: Debenhams fell 7.7% to 108.1 pence in London on Tuesday, its largest slump in almost four years
  • MarketWatch: Debenhams on Tuesday reported comparable sales for the five weeks to 5 January up 5%, while comparable sales for the 18 weeks to 5 January were up 2.9%

Diageo PLC

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  • Rediff Business: Diageo has submitted details sought by Indian market regulator Sebi regarding its open offer for buying stake in Vijay Mallya-led United Spirits

DS Smith PLC

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  • ShareCast: Steve Dryde, the Group Finance Director of DS Smith is stepping down after accepting a role at a private equity backed business

Experian PLC

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  • Jags Report: Jefferies Group reissued hold rating on shares of Experian with a $18.53 target price on the stock

HSBC Holdings PLC

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  • Financial Times: HSBC’s $9.4 billion sale of its stake in China’s Ping An Insurance has been thrown into doubt after Thai buyer CP Group lost funding for some of the 15.6% shareholding
  • The Daily Telegraph: Goldman Sachs and HSBC are expected to become the latest banks to settle with the US authorities over allegations they improperly foreclosed on homeowners

Legal and General Group PLC

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  • FT Adviser: Legal & General’s managing director of investments Simon Ellis is leaving the group

Barclays PLC

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  • Diageo PLC
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