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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jul 25, 2012 at 05:30

Citywire Top Stocks Daily News Digest

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

BG Group PLC

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  • Reuters: BG Group has postponed maintenance at its Lomond platform in the North Sea by two months to 1 October
  • Bloomberg: YPF SA, the nationalised Argentine oil producer, is replacing two board members at its Metrogas SA joint venture with BG Group as it prepares to take over the bankrupt natural-gas distributor

BP PLC

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  • Financial Times: Russian state oil company Rosneft on Tuesday declared an interest in acquiring oil major BP’s 50% stake in TNK-BP
  • Daily Mail: BP would have the firepower to return nearly £30 billion to beleaguered shareholders if it sells half of its Russian venture to Kremlin-backed Rosneft
  • Reuters: BP said it will supply Israel Electric Corporation with liquefied natural gas but declined on Tuesday to give details

HSBC Holdings PLC

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  • Loan Safe: HSBC has been named the “Best Foreign Commercial Bank” in Malaysia
  • Reuters: UK Trade Minister Stephen Green said he "regrets" the compliance failings of HSBC in relation to alleged money laundering when he was chairman there
  • Bloomberg: Switzerland asked Spain to extradite a former software technician at HSBC Holdings’s Swiss private bank who stole client data that has been used to prosecute tax evaders

International Personal Finance PLC

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  • RTTNews: Pre-tax profit of International Personal Finance declined to £25.8 million in the first half from £31 million last year

National Grid PLC

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  • The Daily Telegraph: National Grid should be stripped of its proposed role advising on new power plant subsidies because of “considerable conflicts of interest”, MPs have warned 

Royal Dutch Shell Plc

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  • The Nation: Shell Nigeria has again clarified that divestment of its interests from some assets in the western Niger Delta doesn’t mean it’s pulling out of the area or Nigeria

Vodafone Group PLC

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  • Reuters: Vodafone Qatar made a first quarter net loss of 118.3 million riyals ($32.49 million) in the three months to 30 June, compared with a loss of 122.3 million riyals in the same period last year

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