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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Dec 27, 2012 at 04:02
All the news from across the web about the companies featured in Citywire's Top Stocks
BP PLC
- Bloomberg: The TNK billionaires, who agreed to sell out of their oil venture with BP for $28 billion, said they plan to invest most of the proceeds in Russia after President Vladimir Putin said he “hoped” they would
- Scotsman: Russian oil giant Rosneft has signed two loan agreements with a group of international banks for $16.8 billion to finance the acquisition of a 50% stake in TNK-BP from BP
- Bloomberg: BP has signed an agreement to supply liquefied natural gas from its Tangguh plant in Indonesia to the country’s state-owned electric utility PT Perusahaan Listrik Negara for 20 years
- Bloomberg: BP and China International United Petroleum & Chemical Co., known as Unipec, bought East Siberia-Pacific Ocean, or ESPO, crude cargoes
Diageo PLC
- The Daily Telegraph: Diageo has opened a whisky clubhouse in Beijing to meet growing demand
GlaxoSmithKline PLC
- TopNews: GlaxoSmithKline has recalled Asmol and Ventolin inhalers due to fears they may deliver inconsistent doses
HSBC Holdings PLC
- The Huffington Post: Three Atlanta-area counties have filed a lawsuit claiming that HSBC cost them hundreds of millions of dollars in extra expenses and damage to their tax bases by aggressively signing minorities to housing loans that were likely to fail
Melrose PLC
- Bloomberg: Petroceltic International, which in August bought Melrose Resources for $267 million, plans to move to the main board of the London Stock Exchange in May
Micro Focus International PLC
- 4-traders: One of the subsidiaries of Micro Focus International has reached a definitive agreement with Progress Software for the acquisition of intellectual property and other assets and the assumption of liabilities associated with Progress's Orbix, Orbacus and Artix software product lines, for a total consideration of $15 million
Virgin Media INC
- Zolmax News: Zacks reaffirmed their neutral rating on shares of Virgin Media with a $38.00 price target on the stock
Vodafone Group PLC
- Zacks: Vodafone India seeks to extend its license for operation in three of its service areas — Delhi, Mumbai and Kolkata
- MoneyControl: Vodafone India has expressed concern over government's decision to put on the block all spectrum that is currently being held by telecom operators whose licences are expiring in 2014
Weir 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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