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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 05, 2013 at 04:31

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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  • Offshore Technology International: Afren, the £1.7 billion company, has hired Steen Associates to sell its sought-after oil fields in Kurdistan and east Africa for up to £1 billion

Barclays PLC

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  • Bloomberg: Barclays employees were recorded talking about going behind a client’s back to make a competing bid for a takeover target, according to phone transcripts being used as evidence in a lawsuit against the lender

BP PLC

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  • The Washington Post: BP units including Atlantic Richfield Co were sued by California over claims they violated environmental laws by failing to inspect and maintain underground storage tanks at 780 gas stations
  • Zacks: BP Exploration Angola, an affiliate of BP, has commenced production at its ultra-deep water PSVM project in block 31, off the Angolan coast
  • Financial Times: BP faces another year or more of uncertainty over the cost of the 2010 Deepwater Horizon disaster, as decisions on civil penalties and environmental damages are not expected to come until next year

Diageo PLC

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  • The Economic Times: Diageo has readied plans to take charge at United Spirits, where it is buying a more than $2 billion stake in multiple stages
  • DBR Alcoholic Spirits: Diageo plans to invest £1.5 million to expand its Archive facility in Clackmannanshire, Scotland

GlaxoSmithKline PLC

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  • Zenopa: GlaxoSmithKline has announced the launch of its Combi-AD phase III study to evaluate the combination of dabrafenib as adjuvant therapy for melanoma

Lloyds Group PLC

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  • The Daily Telegraph: Lloyds Banking Group is planning an overhaul of the chief executive's bonus scheme that will only see him receive an award once the taxpayer's investment in the bank returns to the black

Rolls-Royce Holdings PLC

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  • 4-traders: Rolls-Royce has won an order worth $1.1 billion, at list prices, from Air Lease Corporation for Trent XWB engines to power its 25 Airbus A350XWB aircraft

Royal Dutch Shell Plc

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  • Reuters: Canada's National Energy Board on Monday approved a liquefied natural gas export license for Shell’s planned LNG export plant on British Columbia's Pacific Coast
  • Reuters: Shell's Indian unit will challenge a claim by the local tax authorities that a share sale to its overseas parent in 2009 was undervalued by $2.7 billion, the latest tax conflict involving a foreign company in India
  • Rigzone: Shell Malaysia, Petronas Carigali and ConocoPhillips Sabah have taken a final investment decision to develop the deepwater Malikai oil field, offshore Sabah in Malaysia
  • Bloomberg: Shell’s oil production in Brazil dropped 35% in December from a year earlier

Smith & Nephew PLC

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