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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 19, 2013 at 04:33

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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  • Daily Mail: Five top bosses at Barclays will share a jackpot worth up to £17 million despite being tainted by a string of scandals
  • Reuters: Aviva has mandated Barclays to sell its Turkish unit Aviva Sigorta, a non-life insurance company

BP PLC

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  • Financial Times: BP has squared up for a court fight against the US government over the 2010 Deepwater Horizon disaster, arguing that the penalties it is likely to face should be far below the $20 billion or more that some estimates have suggested

BT Group PLC

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  • The Independent: BT chief executive Ian Livingston has his eye on ESPN's live rights as he pushes the telecoms giant into the world of pay-TV and takes on arch-rival Sky, reports Gideon Spanier

National Grid PLC

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  • 4-traders: National Grid has launched a UK competition among its suppliers to come up with innovative ideas to make their products greener

Unilever PLC

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  • Money Control: Unilever said it will invest €50 million to set up an aerosol deodorant manufacturing plant in Maharashtra

Shire PLC

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  • 4-traders: Shire said on Monday that it purchased 82,442 of its ordinary shares on 15 February

Tullow Oil PLC

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  • Steel Guru: Tullow Oil has released a set of Kenyan well test results which it said could lead to the country’s first commercial production

Xstrata PLC

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  • Resource Investing News: Xstrata is set to sell coal to Japan at $98 per metric tonne, the lowest level seen in three years, beginning 1 April

1 comment so far. Why not have your say?

Virgo

Feb 19, 2013 at 16:15

Will someone who is market savvy please please explain to me what is happening with BANGO. Are they issueing more shares that only go to a preselected institution. Would this just dilute the value of existing shares? Should I sell now?

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