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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Sep 27, 2012 at 04:55
All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- Bloomberg: The US Securities and Exchange Commission asked for permission to intervene in Lehman Brothers’ appeal of a $5.5 billion award to Barclays that stemmed from the purchase of Lehman parent’s North American businesses in 2008
- Bloomberg: Dong Energy, the biggest owner of offshore wind farms, completed its sale of power links at a wind farm off the English coast to Macquarie Group and Barclays for about $178 million
BP PLC
- The Guardian: Russian partners inside the TNK-BP joint venture are talking to financiers about raising money to make a potential $20 billion cash offer for BP's stake in the oil and gas business as early as next month
BT Group PLC
- Bloomberg: BT Group and TalkTalk Telecom Group are betting an exclusive fast lane on the Internet and partnerships with television companies will help squeeze more profits from their increasingly crowded phone networks
Experian PLC
- Financial Times: Experian failed to complete the agreed disposal of its price-comparison websites, including PriceGrabber, for $175 million after Ybrant Digital, an Indian company, did not come up with the cash in time
GlaxoSmithKline PLC
- 4-traders: GlaxoSmithKline purchased 800,000 of its Ordinary Shares of 25 pence each on Wednesday
HSBC Holdings PLC
- Reuters: The US probe of HSBC over illicit transactions is tangled up in bureaucracy and infighting
Imagination Technologies Group PLC
- Financial Times: Shares in Imagination Technologies lost nearly a tenth of their value on Wednesday after Texas Instruments, one of the UK chipmaker’s long-term partners, said it was backing away from the smartphone and tablet markets
National Grid PLC
- Daily Mail: The powers that be in the City are adamant that there is a multi-billion-pound takeover bid of National Grid is being hatched in the utilities sector
- 4-traders: National Grid is investing nearly £6 million on refurbishing the overhead power line that runs across the Wirral from Birkenhead to Capenhurst
Royal Dutch Shell Plc
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