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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Jan 18, 2012 at 05:25
All the news from across the web about the companies featured in Citywire's Top Stocks
BG Group PLC
- Bloomberg Businessweek: Argentina won a US appeals court decision throwing out a $185 million award to BG Group, which claimed the country’s freeze on natural gas prices had caused the bankruptcy of a gas distributor it controlled
BP PLC
- Financial Chronicle: Indian regulator has given a go-ahead signal to formally include BP in the production sharing contracts with Reliance Industries in 21 blocks
- Nasdaq: BP is looking at a number of options to support struggling Petroplus to ensure the energy giant's UK retail forecourts continue to be supplied with petroleum products
BT Group PLC
- InvestorDaily: Ascalon, part of Westpac's BT Group, has taken a 30% equity stake in Singapore-based alternative manager Canning Park Capital
Burberry Group PLC
- Burberry Group PLC: Burberry boosted total sales by 21% to £574 million in the three months to 31 December, driven by the brand’s continued popularity in Asia
DS Smith PLC
- Financial Times: DS Smith, the UK-based maker of recycled packaging, is to buy Swedish rival SCA Packaging in a €1.6 billion deal
GlaxoSmithKline PLC
- PBR: Astex Pharmaceuticals announced the termination of multi-year collaboration on cancer therapeutics discovery based on epigenetic targets with SuperGen and GlaxoSmithKline
- Bloomberg: Combining GlaxoSmithKline’s Tykerb drug with Roche’s Herceptin to treat breast cancer was almost twice as effective as single-drug therapy, researchers in a 23-country clinical trial say
HSBC Holdings PLC
- Business Journal Daily: KeyBank has signed an agreement to acquire 37 retail banking branches owned by HSBC Bank in Buffalo and Rochester, NY, the US
- LSE: Thailand's Bank of Ayudhya will delay to the end of January from this week plans to sign a deal to buy HSBC's Thai credit card and retail business
International Personal Finance PLC
- Yorkshire Post: International Personal Finance Tuesday appointed Gerard Ryan to its Board as chief executive officer (designate)
Kenmare Resources PLC
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- BG Group PLC
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- International Personal Finance PLC
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- Xstrata PLC
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Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
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