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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Sep 11, 2012 at 04:38
All the news from across the web about the companies featured in Citywire's Top Stocks
BG Group PLC
- 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
- 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
- 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
- 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
- Aerospace Manufacturing & Design: The European Commission rules in favour of the planned SEK6.9 billion acquisition of Volvo Aero by GKN Plc
HSBC Holdings PLC
- 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
- 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
- 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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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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