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Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 13, 2014 at 03:33

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: The deal maker, Amanda Staveley, is taking steps to sue Barclays for its role in raising £3.5 billion from Qatar as part of the total of £7 billion deal from Middle Eastern investors to bail out the troubled bank
  • Daily Mail: Furious shareholders and business groups have slammed the head of Barclays’ remuneration committee, Sir John Sunderland, as well as its chairman, Sir David Walker, for rubber stamping the bumper increase in pay-outs

GlaxoSmithKline PLC

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  • WKRB News & Analysis: Research analysts at Jefferies Group lowered their target price on shares of GlaxoSmithKline from $28.71 to $27.07 in a report released on Wednesday; the firm currently has a “hold” rating on the stock

HSBC Holdings PLC

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  • Bloomberg: HSBC Holdings has hired Campbell Lutyens & Co to consider the sale of its direct investment unit, Direct Principal Investments

ITV PLC

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  • Daily Mail: ITV is to launch a channel called ITVBe aimed at younger women in an effort to tap into the growing appetite for reality TV

Lloyds Group PLC

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  • The Guardian: Lloyds Banking Group is expected to announce that it plans to hand shares worth more than £1.5 million to its boss, Antonio Horta-Osorio

Rio Tinto PLC

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  • Reuters: Rio Tinto has reached an option agreement with LNG Canada to acquire or lease a wharf and associated land at its port facility in northern British Columbia

Royal Dutch Shell Plc

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  • State Impact: Shell Chemical LP is seeking to relocate a state highway in western Pennsylvania, the US, as part of its proposal to build a multibillion-dollar ethane cracker
  • Economic Times: Andhra Pradesh government in India has appointed a committee of senior officials to explore the possibility of offering a 30% stake to Shell in a gas project at Kakinada

Tullow Oil PLC

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  • Financial Times: Tullow Oil has added the west African country of Mauritania to its list of possible future oil exporters after claiming early-stage drilling success
  • Wall Street Journal: Tullow Oil is considering selling part of its stake in a Ugandan oil field it is developing with France's Total SA and China's Cnooc to focus on Kenya

Unilever PLC

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  • Barclays PLC
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  • GlaxoSmithKline PLC
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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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  • Rio Tinto PLC
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  • Royal Dutch Shell PLC
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  • Tullow Oil PLC
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  • Unilever PLC
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