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Citywire Top Stocks Daily News Digest

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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  • The Daily Telegraph: Barclays has emerged as the top investment bank operating in Britain despite calls from some investors for it to dispose of the division
  • Forbes: Shares of the SPDR Nuveen Barclays Municipal Bond ETF entered into oversold territory in trading on Thursday, changing hands as low as $24.22 per share

BP PLC

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  • Bloomberg: Sempra Energy and BP completed a 21-megawatt wind farm in Hawaii, their fifth project together in an agreement to build more than 1,000 megawatts of renewable- power capacity

Diageo PLC

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  • Economic Times: India’s market regulator Sebi has sought additional details from Diageo with regard to its $ 990 million open offer for acquiring 26% stake in UB Group firm United Spirits

GlaxoSmithKline PLC

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  • Daily Political: Zacks on Thursday reaffirmed “neutral” rating on GlaxoSmithKline stocks, with target price at $46 per share

HSBC Holdings PLC

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  • Menafin: Middle East North Africa Financial Network - South Korea’s Hyundai has made an offer for the acquisition of the HSBC Holding New York headquarters
  • Zee News: HSBC has dismissed allegations of running ‘hawala’, a money laundering racket, in India, saying it took "compliance with the law very seriously"

Royal Dutch Shell Plc

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  • ATM Marketplace: HSBC has said it will join the RBS and NatWest in sending refunds to ATM-users who withdrew cash but forgot to collect it from the machine
  • Bloomberg: Noble Corp expects to have its Noble Discoverer rig ready for Shell to resume drilling in Alaska’s Chukchi Sea next year, after fixing issues raised during a US Coast Guard inspection
  • Post Gazette: Shell will have another six months to decide whether to locate a large petrochemical facility in Monaca, the US
  • Bloomberg: Shell bought three Dubai partials from Phibro, a unit of Occidental Petroleum, as timespreads for the grade widened, indicating increasing demand

Smith & Nephew PLC

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  • Tampabay Business Journal: Smith & Nephew has completed the acquisition of substantially all the assets of Healthpoint Biotherapeutics at $782 million

Unilever PLC

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  • US News: Unilever says it will phase out the use of microplastics by 2015

Vodafone Group PLC

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  • Rapid TV News: Vodafone Spain has announced that it will cease to transmit television as well as advertising services in order to avoid the tax that the Spanish Government has imposed on RTVE

Xstrata PLC

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  • Yahoo: Unions say a decision of Thiess and mine owner Xstrata to sack 95 coal miners at Collinsville in north Queensland is unnecessary and greedy

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