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View the article online at http://citywire.co.uk/wealth-manager/article/a735538

Citywire Top Stocks Daily News Digest

by Himanshu Singh on Feb 21, 2014 at 04:29

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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  • Stuff: Customer complaints at Barclays fell by a quarter in the second half of 2013, the bank said on Thursday, reflecting a decline in cases relating to the mis-selling of loan insurance
  • Reuters: Citigroup Inc has settled a lawsuit against Barclays in which it sought to recover more than $141 million for providing foreign exchange services to a unit of Lehman Brothers Holdings during the 2008 financial crisis

BP PLC

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  • Bloomberg: BP Plc awarded a $1.2 billion engineering, procurement and construction contract to Petrofac Ltd. in Oman

Essentra PLC

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  • Reuters: Essentra said it was actively looking at four more acquisitions as it expands into emerging markets
  • Reuters: Essentra said full-year adjusted pretax profit rose 28% as its cigarette filters business posted strong growth in Asia

GlaxoSmithKline PLC

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  • Money Life: The Indian government on Thursday cleared a foreign direct investment proposal worth Rs 6,400 crore (of healthcare company GlaxoSmithKline to acquire additional 24.33% stake in its India unit

Lloyds Group PLC

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  • Daily Mail: Lloyd's offshoot TSB is to be domiciled in London amid growing fears of an independent Scotland

Royal Dutch Shell Plc

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  • Royal Dutch Shell: Royal Dutch Shell today announced it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to Vitol for a total transaction value of approximately A$2.9 billion (US$2.6 billion)

Tullow Oil PLC

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  • Drilling Info: Tullow Oil has discovered hydrocarbons with the first well in an exploration drilling campaign targeting deeper-lying plays offshore Mauritania

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  • GlaxoSmithKline PLC
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