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Citywire Top Stocks Daily News Digest
Markets
by Himanshu Singh on Mar 20, 2013 at 04:59
All the news from across the web about the companies featured in Citywire's Top Stocks
AstraZeneca PLC
- Delaware Online: Job losses at AstraZeneca could eliminate $6 million from Delaware state income tax revenue, said John Stapleford, an economist with the Caesar Rodney Institute
Barclays PLC
- Mobile World Live: Barclays is considering launching a mobile phone service, according to a customer survey seen by Mobile World Live
- Bloomberg: Barclays plans additional job cuts in the next two years, CEO Antony Jenkins said on Tuesday
- Financial News: The private equity backers of Ziggo have for the first time picked Barclays to run the latest sale of part of their stake in the Dutch cable operator, which they floated a year ago
BT Group PLC
- The Independent: Sir Mike Rake, the chairman of BT, is to become president of the employers' organisation the CBI, taking over from Sir Roger Carr
Filtrona PLC
- 4-traders: British plastic and fibre products supplier Filtrona said it would buy compatriot Contego Healthcare for £160 million
GlaxoSmithKline PLC
- The Pharma Letter: GlaxoSmithKline and the US’s Abbott are considering launching production of their drugs in Ukraine at the facilities of Indar, one of Ukraine’s largest pharmaceutical producers owned by the state
Next PLC
- Mideast Time: Next Plc’s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Tuesday
Prudential PLC
- Mideast Time: Prudential had its “underweight” rating reaffirmed by analysts at JP Morgan Cazenove; they now have a $11.66 price target on the stock
Rio Tinto PLC
- Reuters: Rio Tinto said on Tuesday its plans to expand Australian iron ore production by more than 40% over the next three years were still in place and on schedule
- Sky News: Rio Tinto is cutting about 100 jobs from its coal mines as it tries to slash costs in the wake of last month's $2.9 billion annual loss
- Fox Business: Greg Lilleyman, president of Rio Tinto's Pilbara iron-ore operations, Tuesday forecast "downward pressure" on iron ore prices in the second half of this year as Australia raises exports and China's steel demand growth shows signs of slowing
Royal Dutch Shell Plc
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