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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

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  • Fox Business: The Financial Industry Regulatory Authority, which acts as Wall Street’s self-regulator, fined Barclays’ brokerage unit $3.75 million for failing to preserve electronic records, certain emails and instant messages for at least a decade

BP PLC

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  • Financial Times: BP is appealing against a ruling ordering it to pay compensation under its settlement for the 2010 Deepwater Horizon disaster to some businesses that suffered no losses as a result of the oil spill
  • Nasdaq: A consortium of energy companies led by BP has announced the final investment decision for the second phase of development of the Shah Deniz gas field located around 70 kilometers offshore in the Azerbaijan sector of the Caspian Sea
  • Zacks: BP’s investors cheered the recent announcement regarding the commissioning of all major new units associated with the $4 billion Whiting modernisation project

HSBC Holdings PLC

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  • Forbes: In trading on Thursday, shares of HSBC Holdings crossed above their 200 day moving average of $54.71, changing hands as high as $54.85 per share
  • The Standard: Banks in Hong Kong are bracing for a flood of worried customers wanting to exchange banknotes on Friday, as HSBC became the second bank to be hit by counterfeiters

International Personal Finance PLC

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  • Reuters: International Personal Finance to appeal Polish regulator OCCP's decision to fine the company for infringing consumer interest

Rio Tinto PLC

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  • Proactive Investors: Latin America-focused gold miner Minera IRL has said it will pay the entire first instalment owed to Rio Tinto for the Ollachea gold mine in shares
  • Daily Mail: Rio Tinto is considering selling its interest in a controversial gold and copper mine that critics say threatens Alaska’s delicate ecosystem

Royal Dutch Shell Plc

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  • Wall Street Journal: Shell said Thursday it has renewed an option to buy the site of a proposed $2 billion ethylene plant in western Pennsylvania, the US
  • Trade Arabia: Shell's 23.1 % stake in Australian oil and gas group Woodside Petroleum is seen as more likely to be split up and/or sold to institutional shareholders than to go in one piece to a strategic buyer, bankers said

Tullow Oil PLC

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  • Proactive Investors: Tullow Oil has revealed that the Mantra well, offshore Norway, was unsuccessful

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