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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 12, 2014 at 03:11

  • GMA News: Filipino Lawmakers on Tuesday pilloried Pilipinas Shell Petroleum for decommissioning and shutting down its refrigerated liquefied petroleum gas storage facility in Tabangao, Batangas despite the ongoing supply shortage of the commodity
  • MarketWatch: Shell on Tuesday purchased for cancellation 709,102 "B" Shares at a price of 2261.21 pence per share

Travis Perkins PLC

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  • WKRB News & Analysis: Travis Perkins’ stock had its “hold” rating reaffirmed by investment analysts at Deutsche Bank in a note issued to investors on Tuesday; the stock currently has a $26.12 target price

Vodafone Group PLC

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  • Reuters: Directors of Spain's largest cable operator Ono met on Tuesday to weigh up whether they should accept a takeover offer from Britain's Vodafone or push ahead with their original plan to list the company on the stock market
  • The Daily Telegraph: Vodafone's £5.8 billion Ono bid is expected to be rejected as the Spanish cable operator's board leans towards IPO
  • Reuters: India plans to withdraw from talks with Vodafone Group to resolve a nearly $2 billion tax dispute after the British operator pushed for the inclusion of a separate tax case in the talks
  • Reuters: Vodafone Group could have the capacity to spend $30 billion to $40 billion on acquisitions in coming years and no deal should be too big if it makes strategic sense, Chief Executive Vittorio Colao has said

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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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