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Citywire Top Stocks Daily News Digest
by Himanshu Singh on Jan 17, 2013 at 04:39
All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- The Daily Telegraph: Zimbabwe is now targeting Western banks, including Barclays, with operations in the country after top African conglomerate Ecobank complied with black empowerment laws of selling majority shares to locals
- The Daily Telegraph: A move to block the naming of 42 Barclays staff named in documents linked to the investigation into Libor-rigging has been branded "implausible" and "over-stated"
BP PLC
- The Daily Telegraph: BP's safety standards are likely to come under scrutiny once more after an attack and kidnapping at its jointly-operated In Amenas gas field in Algeria, in which two men have reportedly been killed
- The Guardian: Warnings that the world is headed for "peak oil" appear "increasingly groundless", BP's chief executive Bob Dudley said on Wednesday
BT Group PLC
- Daily Political: BT Group’s stock had its “hold” rating restated by equities researchers at Deutsche Bank; the bank’s stock has a target price of $4.32
Diageo PLC
- Hindustan Times: India’s fair trade regulator is believed to have expressed reservations over the proposed purchase of a majority stake in UB group's United Spirits by Diageo
DS Smith PLC
- Lesprom: The Board of DS Smith announced that Steve Dryden, Group Finance Director, intends to step down from the Board to take up a role in a private equity backed business
Experian PLC
- Fox Business: Experian on Wednesday reported third-quarter total and organic revenue growth of 7% at constant exchange rate
- Daily Political: Investment analysts at Jefferies Group reiterated “hold” rating on shares of Experian as they fixed $18.47 target price on the stock
Legal and General Group PLC
- Financial Times: Paul Milsom, 45, a former equities sales trader at the investment arm of Legal & General, has indicated that he will plead guilty in the UK financial regulator’s biggest investigation into insider trading
Rolls-Royce Holdings PLC
- The Daily Telegraph: Rolls-Royce pushed into growth markets as it announced a $75 million contract to work on the world's longest pipeline in China, as well as a deal to service the Saudi air force
Royal Dutch Shell Plc
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