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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Jan 30, 2014 at 03:38

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 should remain barred from winning any new contracts with the American government because it has not demonstrated that it is a “responsible” contractor following the 2010 Gulf of Mexico oil spill, the US Department of Justice has said
  • Wall Street Journal: BP said on Wednesday that production has started at the West Chirag platform of the Azeri-Chirag-Gunashli field in the Azerbaijan sector of the Caspian Sea, completing the Chirag oil project which was sanctioned in 2010

GKN PLC

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  • Metal-Powder: GKN Driveline has opened a new automotive manufacturing plant in Togliatti, a city in the Volga region of Russia

HSBC Holdings PLC

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  • Reuters: HSBC Bank Oman has recommended its first dividend payment of 0.0038 rials per share to shareholders since its merger, after posting a narrowing loss in the fourth quarter

ITV PLC

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  • Financial Times: ITV has made a big push into pay TV, with the creation of a drama channel that will only be available to Sky subscribers

Lloyds Group PLC

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  • The Guardian: Vince Cable is demanding an urgent meeting with the boss of Lloyds Banking Group after the bailed-out bank made deep cuts to the number of its small business experts

London Stock Exchange PLC

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  • Daily Mail: The revived TSB could be floated on the London Stock Exchange this summer, according to press reports, with current owner Lloyds sounding out potential investors to gauge interest in the flotation

Rio Tinto PLC

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  • WKRB News & Analysis: Rio Tinto’s share had its “outperform” rating reiterated by equities research analysts at Sanford C Bernstein on Wednesday, with a $67.97 price objective on the stock
  • A to Z of Mining: Rio Tinto and GPM have entered into a definitive Two Stage Earn-In/Joint Venture Agreement granting GPM an initial 51% interest under certain conditions

Royal Dutch Shell Plc

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  • Financial Times: Shell has agreed to sell a stake in one of its Brazilian offshore assets to Qatar’s state-owned oil and gas company for $1 billion
  • Seeking Alpha: Shell has commissioned the construction of a $10 billion 1,600-feet long vessel that will chill natural gas into liquid at the point of extraction and pump it into waiting tankers for transportation to shore

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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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  • London Stock Exchange Group PLC
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  • Rio Tinto PLC
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  • Royal Dutch Shell PLC
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Co-op files £2.5bn loss after 'disastrous' 2013

by David Campbell on Apr 17, 2014 at 09:20

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