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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Dec 19, 2013 at 03:54

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 Guardian: BP has reported a "significant oil discovery" in the Gulf of Mexico, its first major find since the deadly rig explosion that triggered the worst environmental disaster in US history
  • The Guardian: US government scientists have for the first time connected the BP oil disaster to dolphin deaths in the Gulf of Mexico, in a study finding direct evidence of toxic exposure
  • The Guardian: Kurt Mix was convicted of deleting text messages from his cellphone to obstruct a federal investigation of the Gulf of Mexico spill involving BP

DS Smith PLC

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  • Zolmax News: Equities researchers at Goldman Sachs Group boosted their price objective on shares of DS Smith from $5.41 to $5.46 in a research report issued on Wednesday, as they confirmed a “neutral” rating on the stock

easyJet PLC

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  • Daily Mail: EasyJet is braced for a fresh row with founder-shareholder Sir Stelios Haji-Ioannou after dishing out £5.5million in share bonuses to a clutch of executives

HSBC Holdings PLC

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  • Huffington Post: HSBC has agreed to a $32,400 settlement for transferring funds on the behalf of financiers for the militant group Hezbollah

ITV PLC

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  • iNVEZZ.com: ITV’s share price has been steady since last week when the UK’s biggest free-to-air commercial broadcaster sold its remaining stake in Scotland’s STV

Lloyds Group PLC

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  • The Independent: Taxpayers lost at least £230 million from the sale of a 6% chunk of state-backed Lloyds Banking Group to the private sector, according to a National Audit Office report
  • 4-traders: Lloyds Banking Group has sold billions of dollars in shipping loans in recent months as the British bank accelerates its exit from the sector and reduces capital exposure

Reed Elsevier PLC

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  • 4-traders: Lloyds Banking Group has sold billions of dollars in shipping loans in recent months as the British bank accelerates its exit from the sector and reduces capital exposure

Rio Tinto PLC

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  • Bloomberg: Rio Tinto Group expects a decline next year in the price of iron ore, the source of most of its earnings, saying global supplies will increase

Travis Perkins PLC

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  • BP PLC
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  • DS Smith PLC
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  • easyJet plc
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  • HSBC Holdings PLC
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  • ITV PLC
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  • Lloyds Banking Group PLC
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  • Reed Elsevier PLC
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  • Rio Tinto PLC
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  • Travis Perkins PLC
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  • Tullow Oil PLC
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  • Weir Group PLC
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