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View the article online at http://citywire.co.uk/wealth-manager/article/a724697

Citywire Top Stocks Daily News Digest

by Himanshu Singh on Dec 17, 2013 at 03:42

Citywire Top Stocks Daily News Digest

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

BP PLC

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  • The Daily Telegraph: BP is expected to sign a deal in Azerbaijan, paving the way for a $45 billion pipeline project that will provide a fourth major route for gas flows to the European market
  • The Independent: BP has signed a deal to work on a $16 billion, 30-year gas production deal in Oman

easyJet PLC

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  • The Daily Telegraph: EasyJet is facing a €70,000 fine in France after forcing a disabled woman off a flight because she was unaccompanied, in the latest discrimination case against the budget airline

GlaxoSmithKline PLC

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  • Financial Times: GlaxoSmithKline plans to spend £629 million to increase its 50% stake in its profitable Mumbai-listed subsidiary to 75%
  • 4-traders: GlaxoSmithKline on Monday purchased 176,754 of its Ordinary Shares of 25 pence each

London Stock Exchange PLC

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  • The Guardian: Lloyds Bank is to begin selling fee-paying current accounts in its branches again, a year after it suspended branch and phone-based sales amid concerns about the way some institutions had been marketing them

Micro Focus International PLC

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  • London South East: Micro Focus International Monday said Chairman Kevin Loosemore bought 7,950 shares at a price of 778.5 pence per share on Friday

Rio Tinto PLC

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  • The Sydney Morning Herald: Turquoise Hill Resources said on Monday that parent Rio Tinto had secured extended commitments from the banks that have agreed to finance the underground expansion of the Oyu Tolgoicopper and gold mine in Mongolia
  • American Metal Market: Rio Tinto Alcan Inc. has received permission from the European Commission to sell two plants in France to Trimet Aluminum AG and Electricité de France SA
  • American Metal Market: Rio Tinto Alcan Inc. has received permission from the European Commission to sell two plants in France to Trimet Aluminum AG and Electricité de France SA
  • Trefis: Rio Tinto has announced that it is shelving its plans to construct an aluminum smelter worth $4 billion in Paraguay

Royal Dutch Shell Plc

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  • Reuters: Shell on Monday started the reversed Houston-to-Houma pipeline, giving US Gulf Coast refineries a new route to access cheap crude supplies
  • Fuel Fix: Shell will test new engines running on liquefied natural gas for its mining operations in Canada’s oil sands fields, the company said Monday
  • Bloomberg: Shell’s long-awaited sale of its $6.4 billion stake in Woodside Petroleum may open the door for Asian buyers to grab a slice of Australia’s second-largest oil and gas producer, or even the whole company

Travis Perkins PLC

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  • Zolmax: Travis Perkins’ stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Monday; the stock has a $25.95 price objective

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