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 sheetAdd to favouritesPortfolio

  • Daily News Egypt: Barclays Bank Egypt’s profit spiked in the third quarter of 2013 to reach EGP 325 million, representing a 49% increase compared to the corresponding period last year
  • Reuters: Barclays and Credit Suisse laid to rest any doubts about the strength of global investor demand for Additional Tier 1 capital from European banks when they attracted the US dollar equivalent of more than $35 billion of demand for their bonds in the past week

BP PLC

BP.L share fact sheetAdd to favouritesPortfolio

  • Daily Mail: BP was given another boost at the weekend in its fightback against crippling claims against the multinational in the US courts over the Gulf of Mexico oil spill in 2010, when a federal judge refused to allow a class action by investors alleging fraud by the UK oil company
  • NWI: BP is leading an industry-wide push to develop technology that can retrieve oil from formations that are so deep under the sea floor, and under such high pressure and temperature, that conventional equipment would melt or be crushed by the conditions

HSBC Holdings PLC

HSBA.L share fact sheetAdd to favouritesPortfolio

  • Financial Times: HSBC has sounded out investors about a flotation of its UK arm, in a move that would realise value from its high street banking business and address regulatory pressures
  • Reuters: Fitch Ratings has affirmed HSBC France's Long-term Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook and its Viability Rating (VR) at 'bbb+’

Lloyds Group PLC

LLOY.L share fact sheetAdd to favouritesPortfolio

  • Nasdaq: Lloyds Banking Group said Friday it has sold a portfolio of non-performing Irish retail mortgages to Tanager Ltd, an entity affiliated with Apollo Global Management, for $420.4 million in cash

Prudential PLC

PRU.L share fact sheetAdd to favouritesPortfolio

  • Ventures Africa: Prudential has acquired LeapFrog Investments’ majority stake in leading Ghanaian insurer Express Life for an undisclosed sum

Reed Elsevier PLC

REL.L share fact sheetAdd to favouritesPortfolio

  • London South East: Reed Elsevier Friday said CEO Erik Engstrom exercised share options in the company Thursday, and subsequently sold most of the resulting shares; he got got 154,517 shares in the firms for 533.50 pence each and sold 150,517 of them at 877.3643 pence

Rio Tinto PLC

RIO.L share fact sheetAdd to favouritesPortfolio

  • London South East: Reed Elsevier Friday said CEO Erik Engstrom exercised share options in the company Thursday, and subsequently sold most of the resulting shares; he got got 154,517 shares in the firms for 533.50 pence each and sold 150,517 of them at 877.3643 pence
  • Bloomberg: Rio Tinto Group’s Energy Resources Australia said a tank at its Rangers uranium mine in Kakadu National Park split, spilling a mixture of acid, ore, mud and water

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 JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: The adviser that tempted Robin Minter-Kemp on board

Profile: The adviser that tempted Robin Minter-Kemp on board

It is rare to meet an impassioned individual who is willing to bang the drum for investment advisory right now

Wealth Manager on Twitter