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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Sep 11, 2012 at 04:38

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: Spectra Energy and BG Group are planning a new natural-gas pipeline system in northern British Columbia, Canada, worth as much as $8.2 billion

BP PLC

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  • Financial Times: BP is to sell a clutch of its oil and gasfields in the Gulf of Mexico to Plains Exploration and Production for $5.5 billion
  • Claims Journal: BP has paid more than $1.5 million in claims arising from a multistate recall of incorrectly formulated gasoline

BT Group PLC

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  • 4-traders: BT Group purchased from Merrill Lynch 1 million units of its own ordinary shares at an average price of 228.3150 pence per share

First Quantum Minerals PLC

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  • Copper Investing News: First Quantum Minerals announced the acquisition of 15 million common shares in the capital of Empire Mining via a private placement at a price of C$0.10 per share

GKN PLC

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HSBC Holdings PLC

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  • The Daily Telegraph: HSBC has agreed to sell its operations in Pakistan comprising 10 branches to the Asian country's JS Bank for an undisclosed sum
  • Reuters: HSBC Bank USA has sued Atlanta law firm Troutman Sanders in connection with the firm's alleged role in a loan the bank made to a prominent political fundraiser who was later convicted for bank fraud
  • Reuters: Saudi Ground Services, a unit of national carrier Saudi Arabian Airlines, has hired HSBC Holdings to advise it on a planned IPO of 30% of its shares
  • Channel News Asia: HSBC Singapore said it is now in talks with the Monetary Authority of Singapore to set up a local subsidiary for its retail operations in the city state

Legal and General Group PLC

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  • The Independent: Legal & General has emerged as the leader of the "shareholder spring" which saw an unprecedented number of companies held to account for poor practice on issues such as bosses pay

National Grid PLC

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  • Jags Report: Societe Generale lowered shares of National Grid to a sell rating in a report released on Monday
  • Bloomberg: National Grid has scheduled a forum on energy efficiency on Tuesday at the Crown Plaza Hotel in Warwick, R.I., to gather ideas about ways to save energy

Premier Oil PLC

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  • BG Group PLC
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  • BP PLC
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  • BT Group PLC
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  • First Quantum Minerals Ltd
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  • GKN Plc
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  • HSBC Holdings PLC
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  • Legal & General Group PLC
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  • National Grid PLC
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  • Premier Oil PLC
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  • Royal Dutch Shell PLC
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  • Tullow Oil PLC
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