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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Nov 16, 2012 at 03:25
All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- Bloomberg: Barclays’ $3 billion of notes that can be written off in a crisis tumbled in their first day of trading, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority
BG Group PLC
- Fox Business: BG Group has agreed to sell its stake in Argentine natural gas distributor Metrogas, a spokesman for Metrogas confirmed on Thursday
BP PLC
- The Daily Telegraph: BP has pleaded guilty to manslaughter over the deaths of 11 men in the Gulf of Mexico disaster and will pay $4.5 billion in a record settlement with US authorities
BT Group PLC
- Benzinga: BT Group to acquire Tikit Group for approximately $102 million
GlaxoSmithKline PLC
- Businessweek: GlaxoSmithKline agreed to pay $90 million to settle claims by 37 U.S. states and the District of Columbia that the company illegally promoted the Avandia diabetes medicine
National Grid PLC
- The Independent: National Grid reported a 21% increase in first-half pre-tax profits yesterday and revealed that Superstorm Sandy on the US east coast will cost it around £100 million
Premier Oil PLC
- Businessweek: Premier Oil said delays in starting North Sea fields will hold back production in 2013
Royal Dutch Shell Plc
- Businessweek: Royal Dutch Shell said its shale gas project in China will require billions of dollars in investment from 2014 before it can supply the domestic market
Vedanta Resources PLC
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