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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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  • Financial Times: Barclays is launching a new product that enables would-be buyers with small deposits to secure a 95% mortgage by using parents’ cash as security

BT Group PLC

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  • Daily Political: Nomura reaffirmed ‘buy’ rating on BT Group as it set a $4.50 price target on the stock

DS Smith PLC

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  • edieWaste: DS Smith Recycling is set to close its Southampton materials recycling facility

First Quantum Minerals PLC

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  • Bloomberg: First Quantum Minerals took its $5.17 billion bid for Inmet Mining straight to shareholders

GlaxoSmithKline PLC

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  • The Indian Express: GlaxoSmithKline has received Indian market regulator Sebi's approval for its over $949.42 million open offer for Indian subsidiary GlaxoSmithKline Consumer Healthcare
  • The Daily Telegraph: A Belgian biopharmaceutical company said it had delivered a fifth "candidate drug" to GlaxoSmithKline, helping to secure a payout of more than €200 million
  • Fox Business: GlaxoSmithKline and Theravance have submitted a regulatory application in the European Union for UMEC/VI for patients with chronic obstructive pulmonary disease
  • The Pharma Letter: Emerging German pharmaceutical company Priaxon has entered into a collaboration with GlaxoSmithKline to research and develop small-molecule modulators of protein-protein-interactions

HSBC Holdings PLC

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  • The Wall Street Journal: HSBC Canada raised $1.27 billion from an offering of deposit notes maturing January 2020, sources said

Prudential PLC

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  • 4-traders: Prudential Corporation Asia, part of UK-based Prudential Plc, on Wednesday announced the commencement of its life insurance operations in Cambodia

Royal Dutch Shell Plc

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  • The Independent: The US government ordered two reviews into Shell’s activities off the Alaskan coast, which could halt its planned drilling campaign

Shire PLC

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  • Boston Business Journal: Shire has agreed to acquire Lotus Tissue Repair, a biotech focused on the treatment of a rare genetic disease

Vodafone Group PLC

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  • Reuters: Verizon Communications is not in talks with Vodafone about taking full ownership of their Verizon Wireless venture

Xstrata PLC

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  • Proactive Investors: A merged Glencore and Xstrata will produce net earnings of over $7 billion per year by 2014, according to Bank of America Merrill Lynch

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