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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jan 29, 2013 at 04:06

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 Scotsman: Barclays is believed to be considering raising £2 billion to £3 billion to help beef up its balance sheet

BP PLC

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  • Fox Business: BP said on Monday it has successfully started-up oil production from new facilities at the Valhall field in the southern part of the Norwegian North Sea
  • Bloomberg: OAO Rosneft is seeking $13 billion of loans to help finance the second part of its acquisition of TNK-BP
  • Fox Business: BP on Monday confirmed the identities of three of its employees who were killed in the attack on the In Amenas gas facility in Algeria
  • Fox Business: BP said scheduled maintenance began last week at its Cherry Point refinery in Blain, Washington

Debenhams PLC

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  • Bloomberg: Debenhams, the second-largest UK department-store chain, dropped 2.9% on Monday after Morgan Stanley cut its rating of the shares

Diageo PLC

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  • Beverage Daily: Diageo has agreed to a form a 50:50 joint venture with DR Mallya to take over United National Breweries' traditional sorghum beer business in South Africa, with the UK company taking a $36 million stake

Experian PLC

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  • StockMarketWire: Brian Cassin, the financial director of Experian, has transferred in 30,663 shares in the company at a price of 0.00 pence; the director now holds 30,663 shares

First Quantum Minerals PLC

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  • Energy Business Review: Zambia-focused First Quantum Minerals is set to start the construction of a $230 million power transmission line from Lusaka West to Solwezi in North-Western Province

GlaxoSmithKline PLC

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  • Fox Business: GlaxoSmithKline and Indian vaccines company Biological E have entered into an agreement to form a 50/50 joint venture for the early stage research and development of a six-in-one combination paediatric vaccine to help protect children from polio and other infectious diseases

HSBC Holdings PLC

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  • Fox Business: HSBC Bank has entered into a 10-year, $55 million agreement with AIG Europe for HSBC companies to distribute AIG non-life insurance products to customers in Turkey, France, and other countries in continental Europe as may be agreed
  • Bloomberg: HSBC Holdings, Industrial & Commercial Bank of China (Asia) Ltd and 13 other lenders will provide about $321 million of cross-border loans to companies in the Qianhai district of Shenzhen in China

ITV PLC

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