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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Dec 05, 2013 at 03:48

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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  • Bloomberg: UBS and Barclays escaped $4.3 billion in European Union antitrust penalties, vindicating their strategy to reveal to the watchdog collusion to rig benchmark interest rates
  • Economic Times: Barclays is looking at ways of making contingent capital instruments more palatable to fixed income investors, as analysts predict a broader client base will be needed to absorb the billions of euros-worth of CoCo securities that are expected to hit the market in the coming years

BP PLC

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  • Bloomberg: Anadarko Petroleum Corp and BP asked an appeals court to toss out a judge’s finding they were both liable under the US Clean Water Act for the 2010 Gulf of Mexico oil spill

Drax Group PLC

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  • London South East: Drax Group on Wednesday said that both of its Drax units have met the eligibility and minimum evaluation criteria for Investment Contracts under the new Final Investment Decision Enabling process in the UK

GlaxoSmithKline PLC

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  • Fierce Biotech: GlaxoSmithKline has slammed the door shut on its $1.5 billion pact with Mountain View, CA-based ChemoCentryx

HSBC Holdings PLC

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  • Reuters: HSBC Holdings said it intends to defend itself against European Union antitrust regulators who have opened proceedings against it and other banks in an investigation against alleged interest rate rigging

Lloyds Group PLC

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  • Finextra: Lloyds Banking Group has this week introduced Talking ATMs across Lloyds Bank, Halifax and Bank of Scotland to make it easier for blind and partially sighted customers to withdraw cash and check balances

Reed Elsevier PLC

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  • StockMarketWire: Nomura reiterates buy on Reed Elsevier; target raised from 900 pence to 975 pence

Royal Dutch Shell Plc

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  • Reuters: Shell has completed a $7,480 million revolving credit facility with a group of relationship banks

BP PLC

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  • Barclays PLC
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  • BP PLC
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  • Drax Group PLC
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  • GlaxoSmithKline PLC
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  • HSBC Holdings PLC
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  • Lloyds Banking Group PLC
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  • Reed Elsevier PLC
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  • Royal Dutch Shell PLC
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  • Travis Perkins PLC
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  • Unilever PLC
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