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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Dec 24, 2012 at 03:14
All the news from across the web about the companies featured in Citywire's Top Stocks
Barclays PLC
- The Daily Telegraph: Barclays is to rewrite its rules on pay and multi-million pound bonuses in an attempt to drive down costs and stop criticisms that the bank incentivised its executives to take the wrong type of risks
BP PLC
- Biz Journals: BP’s settlement with businesses and individuals over the Deepwater Horizon rig disaster and subsequent oil spill has been approved by the U.S. District Court judge overseeing the case
BT Group PLC
- Fox Business: BT Group is to repay £94.8 million in total to British Sky Broadcasting Group, TalkTalk, Virgin Media, Cable & Wireless Worldwide and Verizon Communications for overcharging over wholesale ethernet services, OfCom said on Friday
HSBC Holdings PLC
- South China Morning Post: Reports that a secretive Chinese businessman played a key role in Thai group's plan to buy HSBC's Ping An stake raise fresh questions about the real buyer and the source of funding for the deal
ITV PLC
- 4-traders: ITV on Saturday announced that it has agreed to acquire a controlling stake in Gurney Productions, a fast-growing producer of factual entertainment and reality programmes for leading US cable television networks
National Grid PLC
- WPRI: According to the Providence Journal, National Grid customers can expect to pay more for electric and gas in the New Year
- 4-traders: National Grid on Friday said that the Rhode Island Public Utilities Commission approved rate case settlements for its Narragansett gas and electric utility businesses, adding that the rate plan should provide enough revenue to support its operations
Smith & Nephew PLC
- Tampa Bay Business Journal: Smith & Nephew’s wound management division will double its sales in the United States, with the planned acquisition of Healthpoint Biotherapeutics
Vedanta Resources PLC
- The Pioneer: A judicial probe has squarely blamed officials of Vedanta Resources-controlled Balco, a Chinese firm SEPCO and its Indian partner GDCL for the September 2009 chimney collapse at an under-construction power plant that killed poor workers in Korba town of the Indian state of Odisa
Vodafone Group 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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