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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jan 18, 2013 at 03:47

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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  • Financial Times: Barclays is weighing whether to recoup some or all of the £290 million Libor rate-rigging fine imposed by regulators last year from the 2012 bonus pool of its investment bankers
  • The Guardian: Barclays' new boss has told staff they should leave if they do not want to sign up to a set of standards aimed at rebuilding the British bank's reputation after a string of scandals
  • Bloomberg: Barclays was sued in Germany by investors who lost money in the $460 million Ponzi-scheme fraud by Helmut Kiener’s K1 hedge fund

BP PLC

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  • Houston Business Journal: BP officials are staging plans to bring a group of non-essential workers out of Algeria due to the hostage situation at a gas field the London-based company operates with Norway’s Statoil ASA
  • Wall Street Journal: Iraq is considering a multibillion-dollar deal with UK oil major BP to double the output from the Kirkuk oil field, a senior Iraqi oil official said Thursday
  • Fox Business: Russia's Federal Antimonopoly Service has approved OAO Rosneft's purchase of Russian oil producer TNK-BP Holding
  • Bloomberg: The trial of David Rainey, a former BP senior vice president charged with obstructing federal investigations into the cause of the 2010 Gulf of Mexico oil spill, has been reset for 23 September

Imagination Technologies Group PLC

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  • RCR Wireless: Imagination Technologies is marketing a competing video service to carriers - video chat via Facebook

Legal and General Group PLC

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  • Bloomberg: Legal & General Group has appointed former Resolution Plc executive Wadham Downing as merger and acquisitions director as it prepares for small deals

Premier Oil PLC

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  • Offshore Technology International: Premier Oil plans to drill at least 14 wells in 2013
  • ShareCast: Premier Oil is targeting $1.1 billion in planned spending for 2013, up from the $730 million capital spending in 2012

Prudential PLC

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  • Jags Report: JP Morgan Chase reiterated underweight rating on shares of Prudential as it fixed a $12.50 target price on the stock

Rotork PLC

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  • 4-traders: Rotork has announced the acquisition of the entire share capital of the operating companies of the Schischek group of companies

Shire PLC

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  • Fox Business: Shire has purchased 34,932 of its ordinary shares of 5 pence each through both direct purchases of Ordinary Shares and through the purchase of Ordinary Shares underlying ADRs

Virgin Media INC

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