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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: Zimbabwe is now targeting Western banks, including Barclays, with operations in the country after top African conglomerate Ecobank complied with black empowerment laws of selling majority shares to locals
  • The Daily Telegraph: A move to block the naming of 42 Barclays staff named in documents linked to the investigation into Libor-rigging has been branded "implausible" and "over-stated"

BP PLC

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  • The Daily Telegraph: BP's safety standards are likely to come under scrutiny once more after an attack and kidnapping at its jointly-operated In Amenas gas field in Algeria, in which two men have reportedly been killed
  • The Guardian: Warnings that the world is headed for "peak oil" appear "increasingly groundless", BP's chief executive Bob Dudley said on Wednesday

BT Group PLC

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  • Daily Political: BT Group’s stock had its “hold” rating restated by equities researchers at Deutsche Bank; the bank’s stock has a target price of $4.32

Diageo PLC

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  • Hindustan Times: India’s fair trade regulator is believed to have expressed reservations over the proposed purchase of a majority stake in UB group's United Spirits by Diageo

DS Smith PLC

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  • Lesprom: The Board of DS Smith announced that Steve Dryden, Group Finance Director, intends to step down from the Board to take up a role in a private equity backed business

Experian PLC

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  • Fox Business: Experian on Wednesday reported third-quarter total and organic revenue growth of 7% at constant exchange rate
  • Daily Political: Investment analysts at Jefferies Group reiterated “hold” rating on shares of Experian as they fixed $18.47 target price on the stock

Legal and General Group PLC

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  • Financial Times: Paul Milsom, 45, a former equities sales trader at the investment arm of Legal & General, has indicated that he will plead guilty in the UK financial regulator’s biggest investigation into insider trading

Rolls-Royce Holdings PLC

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  • The Daily Telegraph: Rolls-Royce pushed into growth markets as it announced a $75 million contract to work on the world's longest pipeline in China, as well as a deal to service the Saudi air force

Royal Dutch Shell Plc

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  • Reuters: Ukraine moved closer to $10 billion shale gas deal with Shell

Smith & Nephew PLC

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  • Bloomberg: Smith & Nephew won an appeals court ruling reinstating an $85 million patent-infringement verdict against Arthrex Inc over anchoring devices used in shoulder surgery

Tullow Oil PLC

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  • Daily Ethiopia: Tullow Oil has begun drilling a well in the concession it has in South Omo in southern Ethiopia

Vodafone Group PLC

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  • Reuters: Vodafone Qatar made a third-quarter net loss of 87.1 million riyals ($23.92 million) in the three months to 31 December as against a loss of 122.1 million riyals in the year-earlier period

Xstrata PLC

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  • Reuters: Australia's Altona Mining may sell its Roseby copper project or seek to merge itself with another firm after global miner Xstrata decided not to buy into the copper project in Queensland

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