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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Dec 28, 2012 at 03:14

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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  • The Daily Telegraph: Barclays has emerged as the top investment bank operating in Britain despite calls from some investors for it to dispose of the division
  • Forbes: Shares of the SPDR Nuveen Barclays Municipal Bond ETF entered into oversold territory in trading on Thursday, changing hands as low as $24.22 per share

BP PLC

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  • Bloomberg: Sempra Energy and BP completed a 21-megawatt wind farm in Hawaii, their fifth project together in an agreement to build more than 1,000 megawatts of renewable- power capacity

Diageo PLC

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  • Economic Times: India’s market regulator Sebi has sought additional details from Diageo with regard to its $ 990 million open offer for acquiring 26% stake in UB Group firm United Spirits

GlaxoSmithKline PLC

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  • Daily Political: Zacks on Thursday reaffirmed “neutral” rating on GlaxoSmithKline stocks, with target price at $46 per share

HSBC Holdings PLC

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  • Menafin: Middle East North Africa Financial Network - South Korea’s Hyundai has made an offer for the acquisition of the HSBC Holding New York headquarters
  • Zee News: HSBC has dismissed allegations of running ‘hawala’, a money laundering racket, in India, saying it took "compliance with the law very seriously"

Royal Dutch Shell Plc

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  • ATM Marketplace: HSBC has said it will join the RBS and NatWest in sending refunds to ATM-users who withdrew cash but forgot to collect it from the machine
  • Bloomberg: Noble Corp expects to have its Noble Discoverer rig ready for Shell to resume drilling in Alaska’s Chukchi Sea next year, after fixing issues raised during a US Coast Guard inspection
  • Post Gazette: Shell will have another six months to decide whether to locate a large petrochemical facility in Monaca, the US
  • Bloomberg: Shell bought three Dubai partials from Phibro, a unit of Occidental Petroleum, as timespreads for the grade widened, indicating increasing demand

Smith & Nephew PLC

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  • Tampabay Business Journal: Smith & Nephew has completed the acquisition of substantially all the assets of Healthpoint Biotherapeutics at $782 million

Unilever PLC

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  • US News: Unilever says it will phase out the use of microplastics by 2015

Vodafone Group PLC

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