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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

BP PLC

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  • The Guardian: BP has reported a "significant oil discovery" in the Gulf of Mexico, its first major find since the deadly rig explosion that triggered the worst environmental disaster in US history
  • The Guardian: US government scientists have for the first time connected the BP oil disaster to dolphin deaths in the Gulf of Mexico, in a study finding direct evidence of toxic exposure
  • The Guardian: Kurt Mix was convicted of deleting text messages from his cellphone to obstruct a federal investigation of the Gulf of Mexico spill involving BP

DS Smith PLC

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  • Zolmax News: Equities researchers at Goldman Sachs Group boosted their price objective on shares of DS Smith from $5.41 to $5.46 in a research report issued on Wednesday, as they confirmed a “neutral” rating on the stock

easyJet PLC

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  • Daily Mail: EasyJet is braced for a fresh row with founder-shareholder Sir Stelios Haji-Ioannou after dishing out £5.5million in share bonuses to a clutch of executives

HSBC Holdings PLC

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  • Huffington Post: HSBC has agreed to a $32,400 settlement for transferring funds on the behalf of financiers for the militant group Hezbollah

ITV PLC

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  • iNVEZZ.com: ITV’s share price has been steady since last week when the UK’s biggest free-to-air commercial broadcaster sold its remaining stake in Scotland’s STV

Lloyds Group PLC

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  • The Independent: Taxpayers lost at least £230 million from the sale of a 6% chunk of state-backed Lloyds Banking Group to the private sector, according to a National Audit Office report
  • 4-traders: Lloyds Banking Group has sold billions of dollars in shipping loans in recent months as the British bank accelerates its exit from the sector and reduces capital exposure

Reed Elsevier PLC

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  • 4-traders: Lloyds Banking Group has sold billions of dollars in shipping loans in recent months as the British bank accelerates its exit from the sector and reduces capital exposure

Rio Tinto PLC

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  • Bloomberg: Rio Tinto Group expects a decline next year in the price of iron ore, the source of most of its earnings, saying global supplies will increase

Travis Perkins PLC

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  • iNVEZZ.com: Travis Perkins is targeting "double digit" annual growth in earnings before interest, tax and amortisation over the medium term, according to the group’s new chief executive, John Carter

Tullow Oil PLC

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  • 4-traders: Tullow Oil on Wednesday said that the Paon-2A appraisal well in the CI-103 license offshore Ivory Coast didn't encounter oil, reducing the upside volume potential associated with the Autruche field

Weir Group PLC

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  • Ticker Report: Weir Group’s stock had its “outperform” rating restated by stock analysts at BNP Paribas; analysts currently have a $40.18 price target on the stock

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Profile: The opportunity set that attracted Brett Williams to wealth management

Profile: The opportunity set that attracted Brett Williams to wealth management

Brett Williams is best known for helping to build some of the biggest platforms in the IFA market.He made the move over to wealth management to head SEI’s UK business earlier this year in the belief that this is where the best opportunities now lie.

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