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View the article online at http://citywire.co.uk/wealth-manager/article/a732764

Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 07, 2014 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

Aviva PLC

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  • FT Adviser: Aviva has rolled out an interactive auto-enrolment tool that it says will enable advisers to manage staging requirements for multiple employers across a range of providers from a single online hub

Barclays PLC

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  • The Guardian: Barclays will begin to hand out bonuses on Friday to its 140,000 staff around the world from a bonus pool expected to be bigger than last year's
  • Financial Times: Barclays has appointed Daniel Ryan, a junior trader as interim head of its London spot foreign exchange desk
  • Bloomberg: Barclays’ Kenyan unit said full-year profit declined 13% after bad-debt provisions surged and the east African nation’s fourth-biggest lender incurred reorganisation costs
  • Reuters: Barclays has closed its Zurich debt origination and trading operation less than four years after opening it, as the bank seeks to exit unprofitable businesses

BT Group PLC

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  • Mideast Times: BT Group’s stock had its “underperform” rating restated by equities researchers at BNP Paribas in a research report issued on Thursday; the stock has a $5.59 target price

GlaxoSmithKline PLC

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  • WKRB News & Analysis: GlaxoSmithKline’s stock had its “neutral” rating reiterated by stock analysts at UBS AG in a report issued on Thursday; the stock currently has a $27.12 price target

HSBC Holdings PLC

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  • WKRB News & Analysis: Research analysts at HSBC increased their price objective on shares of Mitchells & Butlers from $8.22 to $8.38 in a report released on Thursday; the firm currently has an “overweight” rating on the stock

Resolution Ltd

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  • Mideast Times: Resolution Ltd’s stock had its “market perform” rating restated by equities researchers at Sanford C Bernstein in a research report issued on Thursday; the stock has a $5.51 target price

Rio Tinto PLC

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  • Mining Weekly: Around 200 National Union of Mineworkers members marched to the Mining Indaba in Cape Town on Thursday to protest against the alleged ill-treatment of Rio Tinto miners in other countries
  • Proactive Investors: EMED Mining said the licensing process for the re-start of the Rio Tinto copper project in Spain remains on track, rejecting a local media report that there was a three-month delay

Vodafone Group PLC

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  • ABC News: Vodafone says third-quarter revenue dropped 4.8% as conditions across an economically struggling Europe remained challenging
  • Bloomberg: Vodafone Group’s $1.6 billion plan to buy out the local partners in its Indian unit has won government approval
  • Economic Times: Vodafone on Thursday reported a 2% decline in its India service revenue to £937 million during the three months ended 31 December

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  • BT Group PLC
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  • GlaxoSmithKline PLC
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