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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 15, 2013 at 04:20

  • Daily Political: RBC Capital reaffirmed outperform rating on Prudential Plc as it fixed a $14.13 price target on the stock

Rolls-Royce Holdings PLC

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  • The Independent: Rolls-Royce announced a 24% leap in profits for 2012 to £1.4 billion, as a strong performance in its key civil aerospace business pushed up revenues by 8% to £12.2 billion
  • The Guardian: Rolls-Royce has appointed Ian Davis, the former head of McKinsey, as chairman, ending the eight-year tenure of Sir Simon Roberston

Royal Dutch Shell Plc

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  • Huffington Post: A multi-agency group formed to deal with the New Year's Eve grounding of a Shell drill barge near an Alaskan island says the rig is safe to tow to its next port and the unified command is disbanding

Shire PLC

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  • 4-traders: Shire on Thursday reported a fall in operating income for the three months ended 31 December to $78.6 million primarily due to charges to impair intangible assets and higher legal and litigation costs in 4Q 2012

Virgin Media INC

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  • Bloomberg: Virgin Media, the UK cable television company that’s being bought by Liberty Global, announced 400 new jobs to meet demand for the TiVo TV system and broadband products

Vodafone Group PLC

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  • Reuters: Shares of Vodafone fell 2.4% on Thursday due to concerns over weakness in its southern European business and the possibility it might be lining up a pricey bid for Germany's Kabel Deutschland
  • NDTV: India’s telecommunications department has raised demand of around $162.66 million from Vodafone as spectrum charges for the period between 2008-09 and 2011-12, sources said

Xstrata PLC

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  • Mining Weekly: Wescoal on Thursday said several conditions precedent for its Vlaklaagte disposal and Elandspruit acquisition had been met; the group is selling its Vlaklaagte mining rights to diversified miner Xstrata

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