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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Mar 07, 2013 at 03:17

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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  • Reuters: HSBC, Citibank and Barclays will be the lead managers for an international bond sale of up to $1 billion for Sri Lanka's state-owned National Savings Bank
  • RTT News: ING Group has reported the completion of the sale of ING Direct UK to Barclays, and said it has transferred £11.6 billion of ING Direct UK's savings and deposits and £5.5 billion of mortgages to Barclays

BP PLC

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  • Financial Times: Bob Dudley, BP’s chief executive, saw his pay fall 21.5% last year to $2.67 million
  • Bloomberg: BP and Transocean Ltd officials on the Deepwater Horizon drilling rig botched safety tests the night it blew up and sent oil spilling into the Gulf of Mexico, an expert witness on drilling said

BT Group PLC

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  • Financial Times: More than 1,000 engineering jobs will be created by BT, the telecoms group, to help roll out fibre around the UK and install broadband in homes as part of its £2.5 billion network investment

easyJet PLC

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  • RTT News: EasyJet on Wednesday reported growth in passengers and load factor for the month of February; passengers for the month, representing the number of earned seats flown, rose 3.4% to 4.11 million from 3.98 million in the previous year

GlaxoSmithKline PLC

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  • The Guardian: GlaxoSmithKline paid its chief executive, Andrew Witty, almost £4 million last year, despite the company paying out a $3 billion fine to settle claims that it tricked and bribed doctors into prescribing dangerous antidepressants to children

International Personal Finance PLC

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  • 4-traders: International Personal Finance said it would expand into Bulgaria and Lithuania in 2013 and reported a 2012 profit of £95.1 million, up 20% on the previous year

Legal and General Group PLC

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  • The Independent: Legal & General reported a 9% rise in pre-tax profits to £1 billion, helped by strong sales of its annuity and investment products
  • Bloomberg: Legal & General Group raised its dividend 20% after sales, cash flow and operating profit grew on demand for retirement products in Britain

Next PLC

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  • Zolmax: Equities researchers at Cantor Fitzgerald boosted their target price on shares of Next Plc from $52.62 to $60.13 in a report issued on Wednesday

Rio Tinto PLC

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  • easyJet plc
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  • GlaxoSmithKline PLC
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  • International Personal Finance PLC
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  • Legal & General Group PLC
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  • Next PLC
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  • Rio Tinto PLC
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