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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Jan 16, 2013 at 04:50
- The Daily Telegraph: Lloyds and RBS need billions of pounds more capital to shore up their balance sheets and support the economy, senior Bank of England officials have warned
National Grid PLC
- Bloomberg: National Grid, the operator of electricity distribution networks in four northeastern US states, will use equipment from Itron Corp and Cisco Systems in an expanded power-meter program in Massachusetts
Premier Oil PLC
- Jags Report: Societe Generale reissued buy rating on shares of Premier Oil with a $7.39 target price fixed on the stock
Rolls-Royce Holdings PLC
- Jags Report: Barclays Capital reaffirmed overweight rating on shares of Rolls-Royce Holdings with a $15.03 price target fixed on the stock
Royal Dutch Shell Plc
- Fox Business: Shell Petroleum will start construction of its joint-venture base-oil manufacturing plant with Hyundai Oilbank next week
Tullow Oil PLC
- Ghana: Tullow Oil is now putting the current production of crude oil at the Jubilee field in Ghana at around 110 thousand barrels
- Daily Political: Tullow Oil’s stock had its “hold” rating restated by equities researchers at Deutsche Bank
Vedanta Resources PLC
- Business Standard: Operations at Vedanta’s aluminium smelter in Odisha, India, have been hit by shortage of alumina
Vodafone Group PLC
- The Hindu: Indian Telecom Minister Kapil Sibal on Tuesday assured Vodafone that the government was ready to “collaborate” and look at its concerns on tax payment
- AME Info: Vodafone Qatar revealed that more than 1 million customers are now using its network
Xstrata PLC
- AMM: ThyssenKrupp Robins will supply Xstrata Copper with an overland conveying system for its Las Bambas copper mine in Peru
- The Australian: China-backed MMG is firming as a potential acquirer of Altona Mining's Roseby copper deposit in Queensland, after mining giant Xstrata walked away from an option to acquire a majority stake in the project
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