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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 04, 2014 at 03:25

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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  • Financial Times: Barclays’ chief executive Antony Jenkins said on Monday that he would waive his bonus for the second year in a row
  • Bloomberg: Barclays’ South African unit said full-year earnings will probably increase as much as 20% after the group expanded into the rest of the continent

BP PLC

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  • The Daily Telegraph: BP will become the latest oil and gas major to report falling profits and production next week when it unveils full-year profits

GKN PLC

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  • WKRB News & Analysis: GKN’s stock had its “buy” rating reiterated by Numis Securities in a research note issued on Monday; the stock has a $7.67 price target

GlaxoSmithKline PLC

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  • Wall Street Journal: GlaxoSmithKline PLC has received fast-track status in the US for a new application of an existing medicine to treat a rare, life-threatening blood disorder

Legal and General Group PLC

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  • Daily Mail: Cash-strapped families are less than two weeks’ wages away from being forced to rely on government hand outs or tap friends or family financial help, new figures from Legal & General reveal

Lloyds Group PLC

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  • Financial Times: The UK government’s plan to sell more shares in Lloyds Banking Group has suffered a double setback as the bank took a £1.8 billion provision for mis-selling payment protection insurance and delayed its resumption of dividend payments
  • The Daily Telegraph: The government could authorise a first sale of Lloyds Banking Group shares to the general public as early as next month

Mitchells & Butlers PLC

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  • Reuters: Mitchells and Butlers Finance’s director Robin Young has resigned with effect from 31 January

Prudential PLC

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  • WKRB News & Analysis: Prudential Plc’s stock had its “buy” rating reaffirmed by investment analysts at Societe Generale in a note issued to investors on Monday; the stock has a $25.14 price objective

Reed Elsevier PLC

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  • GlaxoSmithKline PLC
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  • Lloyds Banking Group PLC
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  • Mitchells & Butlers PLC
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