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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Mar 08, 2013 at 04:13

Citywire Top Stocks Daily News Digest

All the news from across the web about the companies featured in Citywire's Top Stocks

AstraZeneca PLC

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  • Economic Times: AstraZeneca Pharmaceuticals has shelved its decade-old plan to go private in India

Barclays PLC

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  • The Daily Telegraph: Barclays chief executive Antony Jenkins has suggested that up to 40,000 jobs could be cut at the bank as customers switch to automated banking
  • Fox Business: Barclays has said Shaygan Kheradpir will become chief operations and technology officer with immediate effect and join the bank's executive committee
  • Reuters: Exxon Mobil has hired Barclays to re-launch the sale of a stake in a Hong Kong power venture, in a deal that could be worth up to $2 billion

BP PLC

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  • Financial Times: The cost of BP’s court settlement with businesses and individuals affected by its 2010 Gulf of Mexico oil spill will be “significantly higher” than $7.7 billion, the company has warned

DS Smith PLC

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  • ShareCast: DS Smith said trading in the three months ended 31 January was in line with expectations, driven by a solid performance in its packaging businesses

First Quantum Minerals PLC

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  • The Australian: First Quantum Minerals expects the Ravensthorpe nickel mine in Western Australia that cost BHP Billiton more than $2 billion in writedowns to be one of the country's biggest producers this year

GlaxoSmithKline PLC

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  • Reuters: GlaxoSmithKline said on Thursday it had filed for European approval of its new once-weekly diabetes drug albiglutide, as it tries to gain a foothold in a crowded market

HSBC Holdings PLC

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  • Financial Times: HSBC’s $1.9 billion settlement with US authorities over money-laundering violations has come under attack from lawmakers
  • The Daily Telegraph: HSBC has launched a range of fixed-rate mortgages with the lowest ever rates; its two-year fixed rate deal offers a rate of just 1.79% for those with a 40% deposit

ITV PLC

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  • Bloomberg: ITV has won the backing of the EU’s top court to block online streaming company TVCatchup retransmitting its programs, in a case broadcasters said may pave the way for more lawsuits

Legal and General Group PLC

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  • DS Smith PLC
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