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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jan 22, 2013 at 03:19

Citywire Top Stocks Daily News Digest

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

Afren PLC

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  • Bloomberg: Afren gained 2.7% to 138.7 pence in London on Sunday after saying revenue will probably rise in 2013 as production increases in Iraq’s Kurdistan region
  • Bloomberg: Afren said sales probably more than doubled to about $1.5 billion last year after production soared to 42,830 barrels of oil equivalent a day

Barclays PLC

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  • The Daily Telegraph: A group of more than 100 Barclays staff named in documents linked to the Libor-rigging scandal face being publicly identified after a judge rejected their plea for anonymity
  • The Independent: It emerged on Monday that a senior executive had suppressed a damaging report into Barclays Wealth in America

BG Group PLC

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  • Jags Report: Credit Suisse reaffirmed their neutral rating on shares of BG Group, as it fixed a $19.26 target price on the stock

BP PLC

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  • The Daily Telegraph: The BP gas plant raid was "co-ordinated" by a Canadian terrorist, the Algerian prime minister announced on Monday
  • Houston Business Journal: BP has confirmed that four of its 18 workers on site at a gas field in Algeria during a terrorist attack remain missing
  • Fox Business: TNK-BP, which is being taken over by state-controlled OAO Rosneft, said Monday it will invest $7 billion in its Rospan natural gas project by 2040

Experian PLC

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  • MR Web: Database giant Experian has acquired Melbourne-based analytics business Pacific Micromarketing from publishing group PMP for $6.5 million
  • Scotsman: Experian has agreed a deal with Skyscanner to provide the Edinburgh-based flight-search firm with reports into businesses in some 200 countries
  • Zolmax News: Jefferies Group upgraded shares of Experian to a buy rating as it fixed a $19.21 price target on the stock

HSBC Holdings PLC

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  • Fox Business: HSBC Holdings has appointed Irene Dorner, President and CEO of HSBC North America Holdings and HSBC USA, a Group Managing Director with effect from 1 February
  • Bloomberg: HSBC Holdings hired Ruth Horgan as global head of regulatory compliance after David Bagley quit in July over the lender’s failure to guard against money laundering
  • Bloomberg: Dubai’s government may raise more than $1 billion from a planned sale of Islamic bonds and has mandated five banks including HSBC Holdings for the offering

Lloyds Group PLC

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  • The Guardian: Helen Weir, the former head of Lloyds Banking group's retail division, has apologised for the mis-selling of payment protection insurance and said she regrets the damage it has caused the banking industry
  • FT Adviser: Lloyds Banking Group has committed to lend £6.5 billion in 2013 to first-time buyers, which it expects will help around 60,000 people buy their first home

Royal Dutch Shell Plc

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  • Rigzone: WorleyParsons has been awarded a three year contract by Shell Gas Iraq BV to provide project management support and services for the rehabilitation of gas facilities and infrastructure that are part of the scope of Basrah Gas Company
  • Offshore: Shell has contracted Subsea 7 for a subsea pipeline bundle for the Fram oil and gas field development in the UK central North Sea

Shire PLC

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