Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

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

BARC.L share fact sheetEmail alertsPortfolio

  • Bloomberg: Barclays and Standard Chartered are among banks being asked to curb lending rates in Zimbabwe as the government pressures the financial services industry to aid economic recovery
  • New Zimbabwe: Zimbabwe’s indigenisation push has been cited as the main reason for the exclusion of Barclays’ Zimbabwean unit from the merger of the group’s African operations with those of Absa Group, in a deal valued at $2.1 billion
  • Bloomberg: Barclays will reduce its IT spending by billions of pounds after developing its own cloud-based technology
  • Bloomberg: Barclays is offering as much as $250 million in exchange-traded notes tied to an index of master-limited partnerships and limited liability companies

BG Group PLC

BG.L share fact sheetEmail alertsPortfolio

  • Financial Times: Phil Bentley is to step down from his role as managing director of British Gas amid a strategic review of activities at Britain’s biggest energy retailer by customer numbers

Bodycote PLC

BOY.L share fact sheetEmail alertsPortfolio

  • Jags Report: Bodycote had its neutral rating reissued by analysts at Arden Partners; Arden Partners currently has a $6.83 target price on the stock

BP PLC

BP.L share fact sheetEmail alertsPortfolio

  • Bloomberg: BP confirmed an order for 13 of the vessels worth $630 million, 2012’s largest shipbuilding accord for tankers

First Quantum Minerals PLC

FQM.L share fact sheetEmail alertsPortfolio

  • Copper Investing News: Inmet Mining shareholders might want to hold out for a better offer than the $5.2 billion that First Quantum Minerals has put on the table

GlaxoSmithKline PLC

GSK.L share fact sheetEmail alertsPortfolio

  • Workers Compensation: Maryland has entered into a settlement agreement with GlaxoSmithKline to resolve allegations that the company engaged in various illegal schemes related to the marketing and pricing of drugs it manufactures; GSK has paid $3.62 million to the Maryland Medicaid programme in settlement

HSBC Holdings PLC

HSBA.L share fact sheetEmail alertsPortfolio

  • New York Times: World’s largest financial institutions, including HSBC and Deutsche Bank, are expected to sell a combined $78 billion of so-called noncore loans this year, a 33% rise compared with 2012

Lloyds Group PLC

LLOY.L share fact sheetEmail alertsPortfolio

  • Caterer & Hotelkeeper: Lloyds Banking Group has sold pub group Admiral Taverns to an affiliate of Cerberus Capital in a deal rumoured to be worth around £200 million

Rolls-Royce Holdings PLC

RR.L share fact sheetEmail alertsPortfolio

  • The Guardian: Rolls-Royce is facing allegations that it paid $2 billion in bribes to an executive involved with two Chinese airlines, in the latest claims attached to a corruption probe at the aircraft engine maker
  • MarketWatch: Rolls-Royce said on Friday it has won a $52.2 million contract to support AE 1107C engines for V-22 aircraft operated by the US Marine Corps and Air Force

Royal Dutch Shell Plc

RDSa.L share fact sheetEmail alertsPortfolio

  • Reuters: The US Coast Guard and Shell were making fresh preparations on Sunday to tow a grounded Alaska oil rig, saying crews would keep trying to connect a tow line after rough weather prevented their efforts all Saturday

Vodafone Group PLC

VOD.L share fact sheetEmail alertsPortfolio

  • The Daily Telegraph: The Indian government has demanded Vodafone pay $2.5 billion of taxes it claims the British telecommunications giant owes it

Xstrata PLC

XTA.L share fact sheetEmail alertsPortfolio

  • Sudbury Star: Contract talks between Xstrata Nickel and Mine Mill Local 598/CAW in Sudbury, Canada, are moving along, with progress being made every day, according to a union leader

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

1 Comment Play Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Our much anticpated new series is here! We hand a black cab driver a tenner and grill the manager of the 125-year Merchants trust until the meter runs out.    

Play Europe bulls, a retail boost and why a little inequality can be a good thing

Europe bulls, a retail boost and why a little inequality can be a good thing

This week’s Investment Pulse looks at whether investors should be bullish on Europe, the surprise rise in UK retail sales and if a little inequality is a good thing.

Your Business: Cover Star Club

Profile: meet the duo at the heart of Hargreave Hale's succession plan

Profile: meet the duo at the heart of Hargreave Hale's succession plan

For the first time in the company's history a non-Hargreave is now at the head of the north west broker and asset manager

Wealth Manager on Twitter