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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

BARC.L share fact sheetEmail alertsPortfolio

  • Telecompaper: Barclays has notified Portugal Telecom that the bank no longer holds a qualified holding in the telecommunications operator


BP.L share fact sheetEmail alertsPortfolio

  • Bloomberg: State-run OAO Rosneft doesn’t need to sign a guarantee payment letter after agreeing to buy TNK-BP, Russian billionaire Viktor Vekselberg said
  • Rigzone: Babcock is to manufacture and deliver over 70 subsea structures as part of the major Quad 204 offshore redevelopment project, some 81 miles west of Shetland, the UK, under a $48.3 million contract awarded by BP

BT Group PLC

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Diageo PLC

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  • Live Mint: India’s antitrust body has sought more details on the acquisition of United Spirits by Diageo
  • Jags Report: Societe Generale cut shares of Diageo from a buy rating to a hold rating in a research note issued to investors on Tuesday
  • Adweek: Rapper Pharrell Williams has sued marketing partner Diageo North America for $5 million in a New York City federal court, claiming the spirits giant has failed to distribute his "Qream with a Q" alcoholic beverage to the terms of their contract

DS Smith PLC

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  • Recycling Today: DS Smith Recycling has announced plans to close its materials recycling facility in Southampton, the UK

GlaxoSmithKline PLC

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  • ShareCast: GlaxoSmithKline has submitted its latest treatment for type two diabetes to the US Food and Drug Administration for regulatory approval

HSBC Holdings PLC

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  • The Economic Times: The Indian Supreme Court has put on hold a May 2011 ruling of the Securities Appellate Tribunal directing HSBC Mutual Fund to compensate unit holders of its gilt fund

Imagination Technologies Group PLC

IMG.L share fact sheetEmail alertsPortfolio

  • ShareCast: Imagination Technologies Group has signed a further license agreement with semiconductor firm MediaTek for wireless communications and digital multimedia solutions

Lloyds Group PLC

LLOY.L share fact sheetEmail alertsPortfolio

  • The Daily Telegraph: Lloyds and RBS need billions of pounds more capital to shore up their balance sheets and support the economy, senior Bank of England officials have warned

National Grid PLC

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  • Bloomberg: National Grid, the operator of electricity distribution networks in four northeastern US states, will use equipment from Itron Corp and Cisco Systems in an expanded power-meter program in Massachusetts

Premier Oil PLC

PMO.L share fact sheetEmail alertsPortfolio

  • Jags Report: Societe Generale reissued buy rating on shares of Premier Oil with a $7.39 target price fixed on the stock

Rolls-Royce Holdings PLC

RR.L share fact sheetEmail alertsPortfolio

  • Jags Report: Barclays Capital reaffirmed overweight rating on shares of Rolls-Royce Holdings with a $15.03 price target fixed on the stock

Royal Dutch Shell Plc

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  • Fox Business: Shell Petroleum will start construction of its joint-venture base-oil manufacturing plant with Hyundai Oilbank next week

Tullow Oil PLC

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  • Ghana: Tullow Oil is now putting the current production of crude oil at the Jubilee field in Ghana at around 110 thousand barrels
  • Daily Political: Tullow Oil’s stock had its “hold” rating restated by equities researchers at Deutsche Bank

Vedanta Resources PLC

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  • Business Standard: Operations at Vedanta’s aluminium smelter in Odisha, India, have been hit by shortage of alumina

Vodafone Group PLC

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  • The Hindu: Indian Telecom Minister Kapil Sibal on Tuesday assured Vodafone that the government was ready to “collaborate” and look at its concerns on tax payment
  • AME Info: Vodafone Qatar revealed that more than 1 million customers are now using its network

Xstrata PLC

XTA.L share fact sheetEmail alertsPortfolio

  • AMM: ThyssenKrupp Robins will supply Xstrata Copper with an overland conveying system for its Las Bambas copper mine in Peru
  • The Australian: China-backed MMG is firming as a potential acquirer of Altona Mining's Roseby copper deposit in Queensland, after mining giant Xstrata walked away from an option to acquire a majority stake in the project

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