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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

Afren PLC

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  • StockMarketWire: Afren chariman Egbert Imomoh sold post-exercise 200,000 shares in the company at a price of 127.23 pence each; the director now holds 3,972,246 shares

Barclays PLC

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  • The Daily Telegraph: Barclays has "made a big mistake" in offering its new compliance officer, Hector Sants, a pay package reportedly worth as much as £3 million, former treasury minister Lord Myners has warned

BG Group PLC

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  • The Observer: Dr Stuart Alfred Fysh, a former executive vice-president of BG Group, has been jailed for insider trading relating to a $640,000 deal involved shares in BG Group subsidiary, Queensland Gas Company

BP PLC

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  • Wall Street Journal: BP agreed on Wednesday to sell its 34.3% stake in the Yacheng gas field located in the China South Sea to state-owned Kuwait Foreign Petroleum Exploration Company for $304 million
  • Fox Business: BP will perform routing maintenance work on a gasoline production unit at its refinery in Texas City, Texas, the company said in a government filing made public Wednesday

BT Group PLC

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  • The Guardian: BT has awarded the £100 millio-plus contract to produce its live coverage of Premier League football and Premiership rugby union matches to Sunset+Vine

GlaxoSmithKline PLC

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  • The Daily Telegraph: GlaxoSmithKline has agreed to pay US drug wholesalers $150 million, after they claimed the company improperly maintained a market monopoly of its nasal spray by restricting access to less expensive versions

National Grid PLC

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  • The Independent: National Grid has awarded £3.1 billion worth of contracts to companies including the construction group Balfour Beatty to upgrade its gas distribution systems
  • BBC: Pylons should not be built in north Wales as part of National Grid plans to extend the electricity infrastructure, the National Trust says

Smith & Nephew PLC

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  • Zenopa: Smith and Nephew has announced the launch of its new Truclear Ultra Reciprocating Morcellator 4.0, the latest addition to its innovative Truclear system

Vedanta Resources PLC

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  • Wall Street Journal: Vedanta Resources is considering laying off employees at its alumina refinery in India's eastern state of Orissa after closing it due to a lack of supply of a key ingredient
  • Bloomberg: Vedanta Resources, an Indian oil and metals producer, sold its stake in HudBay Minerals Inc

Vodafone Group PLC

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  • Rediff: The Indian government has made yet another attempt to get the principles laid down in the 20 January Supreme Court judgment in the Vodafone capital gains case reconsidered, though its review petition has been rejected

Xstrata PLC

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  • StockMarketWire: David Rough, non-executive director of Xstrata, sold 7,000 shares in the company at a price of 1050 pence each

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