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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Aug 08, 2012 at 04:08
All the news from across the web about the companies featured in Citywire's Top Stocks
BP PLC
- Financial Times: Reliance Industries has won a number of long-awaited permissions from India’s government relating to a major gas field it co-owns with BP, raising hopes that the two companies may soon be able to stem falling production levels
- Bloomberg: British Chancellor of the Exchequer George Osborne said GDF Suez and BP will invest more than $2.3 billion in the UK
Diageo PLC
- Daily Mail: Diageo is expected to turn in a 7.4% increase in pretax profit to £2.9 billion on sales up 8.1% at £10.7 billion when it posts its full-year results later this month
Experian PLC
- ShareCast: Experian non-executive director David Tyler, who is also the chairman of both Sainsbury and Logica, has ditched 40,000 shares in the FTSE 100 financial data company
- Credit Man: Experian has signed a multi-million pound contract with Wescot, a leading debt collection agency, for provision of data services for the next two years
GlaxoSmithKline PLC
- PharmaPro: GlaxoSmithKline has said the European Commission has granted pazopanib marketing authorisation for the treatment of patients with advanced soft tissue sarcoma
ITV PLC
- Daily Express: ITV shares rose 1½ pence to 81¼ pence on Tuesday as Liberum Capital suggested it could return £1.3 billion or 40% of its market value over the next four years
Legal and General Group PLC
- Businessweek: Legal & General Group, the fourth-biggest British insurer, will consider making smaller acquisitions to expand its investment management and savings business
Lloyds Group PLC
- World News Report: Lloyds Banking Group has unveiled the UK's largest commitment to first time buyer lending by confirming it will lend £5 billion to first time homeowners by the end of 2012
- SFGate: Lloyds Banking Group’s former head of digital banking fraud and security pleaded guilty to submitting false invoices totaling more than $3.76 million
Royal Dutch Shell Plc
- Bloomberg: Shell is building the firepower to make acquisitions as record cash flow cuts debt to the lowest level in three years
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