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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 27, 2013 at 04:45

Citywire Top Stocks Daily News Digest

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

AstraZeneca PLC

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  • Fierce Biotech: AstraZeneca has wrapped another Phase III study of its opioid-induced constipation drug naloxegol, trumpeting the successful outcome of a 52-week safety study

Barclays PLC

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  • The Guardian: Barclays is expected to reveal next week that as many as 600 of its staff are paid more than £1 million, in the most detailed disclosure yet about how much its 140,000 employees take home each year
  • Fox Business: Barclays said the Federal Regulatory Energy Commission was pursuing a case against the bank "to garner additional publicity for its own enforcement activities while seeking to portray Barclays negatively”

BP PLC

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  • Financial Times: BP’s failure to implement effective safety systems led to the 2010 Deepwater Horizon disaster in the Gulf of Mexico, according to an expert called as the first witness in the civil trial over the accident
  • Reuters: Rosneft is expected to win unconditional EU regulatory approval for its TNK-BP takeover bid, a source said, taking it closer to completing the $55 billion deal

Elementis PLC

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  • RTT News: Elementis’ profit before income tax declined to $141.2 million in the year to 31 December from $162.0 million in the same period a year ago; profit for the year was $107.1 million down from $124.1 million a year ago

First Quantum Minerals PLC

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  • Reuters: First Quantum Minerals may extend its hostile $4.97 billion bid for rival base metal miner Inmet Mining by a few days, said its President Clive Newall on Tuesday

GKN PLC

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  • The Daily Telegraph: Shares of GKN rose 4% after group sales rose to £6.51 billion last year from £5.75 billion in 2011, while pre-tax profit jumped to £503 million from £306 million

GlaxoSmithKline PLC

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  • Financial Times: A pandemic flu vaccination from GlaxoSmithKline greatly increased the risk of children developing narcolepsy, a rare sleep disorder, according to the UK Health Protection Agency

HSBC Holdings PLC

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  • Reuters: Fitch Ratings has placed some of HSBC Panamanian subsidiaries' ratings on Rating Watch Negative

Legal and General Group PLC

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