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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jan 22, 2013 at 03:19

  • 4-traders: Shire has purchased 58,331 of its ordinary shares of 5 pence each

Unilever PLC

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  • Reuters: Shares in Hindustan Unilever fell 0.8% on Monday, dipping below its 200-day moving average for the first time since 5 May 2011

Vedanta Resources PLC

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  • Bloomberg: Net income at Cairn India, acquired by Vedanta Resources for $8.67 billion in 2011, and its units rose to $623 million in the three months ended 31 December

Vodafone Group PLC

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  • Live Mint: Vodafone India has accused the department of telecommunications of extortion and levying a tax without having the legal authority to do so, in arguments made before the Telecom Disputes Settlement and Appellate Tribunal on Monday

Xstrata PLC

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  • Mining.com: South Africa's Competition Tribunal announced on Monday it would publish its decision on the proposed takeover of miner Xstrata by global commodities trader Glencore on Tuesday
  • Australian Mining: Ramping up production at Xstrata’s Mangoola coal mine in Australia by almost 30% to 13.5 million tonnes of coal a year will create an estimated 150 new jobs

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