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Citywire Top Stocks Daily News Digest

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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  • Reuters: Barclays will shut three of its nine bank branches in India by end of this month
  • Fox Business: The National Credit Union Administration has sued a US subsidiary of Barclays over alleged misrepresentations in the sale of $555 million of mortgage-backed securities to two credit unions that failed during the financial crisis

BP PLC

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  • Reuters: TNK-BP signed a $675 million loan with a group of banks, falling short of its targeted $750 million after one bank was unable to commit to the financing, banking sources said on Tuesday

Diageo PLC

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  • Bloomberg: Diageo confirmed that it’s in talks to buy a stake in billionaire Vijay Mallya’s United Spirits

HSBC Holdings PLC

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  • Equities: HSBC France and Credit Agricole Cards and Payments have signed a contract for processing transactions by bank card and domestic clearing and exchanges with market systems
  • Malta Today: The HSBC Water Programme will disburse $35 million over the next five years to support charitable water projects in countries where HSBC operates, such as Malta

Premier Oil PLC

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  • The Engineer: Ocean Installer has been awarded a contract by Premier Oil to perform offshore survey operations in support of the development of the Solan oil field located in the UK North Sea, west of the Shetland Islands

Rolls-Royce Holdings PLC

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  • 4-traders: Rolls-Royce sells Tidal Generation Limited to Alstom

Royal Dutch Shell Plc

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  • The New Zealand Herald: Shell says the earliest it will consider drilling in the frontier deep water Great South Basin of New Zealand will be the summer of 2014-15

Smith & Nephew PLC

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  • 4-traders: Smith & Nephew has received FDA clearance to expand the indications within the hip for its innovative HEALICOIL(TM) PK Suture Anchor and OSTEORAPTOR(TM) Suture Anchor

Virgin Media INC

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  • IT Pro Portal: Virgin Media is in talks with network provider Everything Everywhere to join EE's 4G LTE spectrum in 2012 as rivals Vodafone and O2 mull legal action

Vodafone Group PLC

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  • Reuters: Teliasonera will kick off the sale process for its Spanish mobile operator, Yoigo, in the next two weeks in a deal that is expected to attract bids from France Telecom and Vodafone

Weir Group PLC

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  • Bloomberg: General Electric’s plans to build its mining-equipment division through acquisitions means companies from Joy Global to Weir Group are now takeover candidates

Xstrata PLC

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  • Fox Business: Xstrata said Tuesday that ore production has started ahead of schedule at Xstrata Zinc's $296 million Lady Loretta mine in north-west Queensland, Australia

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