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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jan 09, 2014 at 03:26

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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  • The Independent: Barclays and Royal Bank of Scotland are among several banks facing fresh woe in the US, amid reports investigators are again looking into whether they mispriced mortgage-backed securities

BP PLC

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  • Bloomberg: BP and ConocoPhillips, looking to benefit from the repeal of an Alaska oil tax championed by Sarah Palin when she was governor, are chasing enough crude to end the state’s two-decade-long slump in production
  • WKRB News & Analysis: BP was upgraded by stock analysts at Howard Weil from a “sector perform” rating to an “outperform” rating in a report issued on Wednesday

International Consolidated Airlines Group SA

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  • Ticker Report: International Consolidated Airlines’ stock had its “outperform” rating restated by stock analysts at Credit Suisse in a report issued on Wednesday; analysts have a $7.27 target price on the stock

International Personal Finance PLC

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  • Zolmax News: International Personal Finance was downgraded by investment analysts at Panmure Gordon to a “sell” rating; analysts have a $6.56 price objective on the stock

Rightmove PLC

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  • Proactive Investors UK: Rightmove was described as a great business with limited upside as UBS downgraded its recommendation shares in the property website

Royal Dutch Shell Plc

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  • Zacks: Shell’s New Zealand division has decided to drill an oil and natural gas exploration well in the country’s offshore PEP 50119 block, located in the Great South Basin
  • Bloomberg: Vitol Group, the world’s largest independent oil trader, is considering a bid for some of Shell’s Australian downstream operations

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