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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Mar 01, 2013 at 03:46
All the news from across the web about the companies featured in Citywire's Top Stocks
BP PLC
- The Daily Telegraph: BP's investigation of its disastrous 2010 Gulf of Mexico blowout did not address the impact of cost overruns on the well, a BP executive said on Thursday, in the final day of testimony this week in the massive civil trial over the spill
- Forbes: TNK-BP, the Russian venture of the British oil giant and Russian investors, saw its profits fall by 13% last year to $7.5 billion, even as oil prices rose
Diageo PLC
- NDTV: Fair trade regulator, Competition Commission of India, has approved the $2.05 billion takeover of United Spirits by UK-based liquor major Diageo
Experian PLC
- RFP Connect: Experian launched its consumer credit bureau providing consumer credit reports to financial institutions, telecommunication and utility providers in Australia
GlaxoSmithKline PLC
- Daily Political: GlaxoSmithKline was downgraded by equities researchers at Morgan Stanley to an “underweight” rating in a report issued on Thursday
Howden Joinery
- Business Week: Howden Joinery Group advanced 12% to 214 pence on Thursday, its highest price since at least 1992, as it posted full-year pre-tax profit of £112.1 million, beating analysts’ forecast for £109.4 million
- Jags Report: Howden Joinery Group’s stock had its “overweight” rating restated by analysts at JP Morgan Chase in a research report issued to clients and investors on Thursday
HSBC Holdings PLC
- Bloomberg: HSBC’s pretax profit will rise 7.4% to $23.5 billion when Europe’s biggest bank reports earnings on March 4, according to the median estimate of 26 analysts surveyed by Bloomberg
- Bloomberg: Robert Schmieder has left his job as a Latin America corporate credit analyst at HSBC Holdings, according to two people familiar with the matter
ITV PLC
- Bloomberg: ITV advanced 4.4% to 124.2 pence, after it announced plans to pay a special dividend for a total amount of 156 million pounds after profit rose 8.1% last year
Legal and General Group PLC
- Jags Report: Legal & General Group’s stock had its “neutral” rating restated by analysts at Citigroup in a research report issued to clients and investors on Thursday
Lloyds Group PLC
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- BP PLC
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- HSBC Holdings PLC
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- Legal & General Group PLC
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- National Grid PLC
- Prudential PLC
- Reed Elsevier PLC
- Resolution Ltd
- Rio Tinto PLC
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