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View the article online at http://citywire.co.uk/wealth-manager/article/a645375

Citywire Top Stocks Daily News Digest

by Himanshu Singh on Dec 13, 2012 at 02:34

Citywire Top Stocks Daily News Digest

All the news from across the web about the companies featured in Citywire's Top Stocks

Barclays PLC

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  • Financial Times: Hector Sants will join Barclays as head of its newly centralised compliance and government relations functions

BG Group PLC

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  • Latin American Herald Tribune: Honduras’ government has signed a memorandum of understanding with BG Group covering oil and gas exploration in the northeastern jungle region of La Mosquitia, which borders Nicaragua

BP PLC

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  • Reuters: Rosneft has finalised a deal to buy half of TNK-BP for $28 billion
  • Bloomberg: BP’s guilty plea in the 2010 deaths of 11 crew members of the Deepwater Horizon drilling rig in the Gulf of Mexico will be considered by a federal judge in New Orleans on 29 January
  • Bloomberg: BP purchased Forties lot F1216 at 60 cents a barrel more than Dated Brent for loading 29-30 December

BT Group PLC

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  • Wall Street Journal: BT Group has sold its remaining 9.1% stake in India outsourcing company Tech Mahindra for about $183 million

GlaxoSmithKline PLC

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  • StockMarketWire: Panmure Gordon has upgraded GlaxoSmithKline from hold to buy, with target price raised from 1450 pence to 1500 pence

HSBC Holdings PLC

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  • Bloomberg: HSBC’s Mexican branches had become so well-known to drug traffickers as the place to launder proceeds from illicit sales that cartels began using special boxes to speed transactions, US prosecutors said

Imagination Technologies Group PLC

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  • ShareCast: Imagination Technologies Group posted a 27% rise in its half-year revenue to £71.4 million

Lloyds Group PLC

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  • The Daily Telegraph: Lloyds Banking Group is to offer a new online annuity comparison service; the service will compare quotes from 11 annuity providers

Royal Dutch Shell Plc

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  • Barclays PLC
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  • BT Group PLC
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  • Imagination Technologies Group PLC
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  • Lloyds Banking Group PLC
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