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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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  • Reuters: Middle Eastern oil producers face a mountain of challenges in the next two decades as Russia and South America strive to replicate the US shale oil boom, BP said in its influential annual outlook issued on Wednesday

easyJet PLC

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  • Ticker Report: EasyJet was downgraded by stock analysts at Davy Research from a “neutral” rating to an “underperform” rating in a report issued on Wednesday

GKN PLC

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GlaxoSmithKline PLC

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  • Financial Express: Glaxosmithkline Pharma which has seen sales flag after reducing margins for wholesalers and retailers, is expected to increase them from July, sources in All India Organisation of Chemists & Druggists said

HSBC Holdings PLC

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  • Bloomberg: HSBC Holdings, UBS AG and ING Groep NV are among Europe’s long-term winners in the banking industry this year, Berenberg Bank said

London Stock Exchange PLC

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  • Zolmax News: London Stock Exchange Group’s stock had its “outperform” rating reaffirmed by equities research analysts at RBC Capital in a research note issued to investors on Wednesday

Prudential PLC

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  • WKRB News & Analysis: Investment analysts at Credit Suisse hoisted their price target on shares of Prudential from $23.90 to $24.72 in a note issued to investors on Wednesday

Resolution Ltd

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  • Zolmax: Resolution was downgraded by stock analysts at Credit Suisse to an “underperform” rating in a report issued on Wednesday

Rio Tinto PLC

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  • Sydney Morning Herald: The mining side of Rio Tinto’s business appears to be in good shape, with the company producing 266 million tonnes for 2013, which was marginally better than the 265 million tonnes promised

Travis Perkins PLC

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  • WKRB News & Analysis: Stock analysts at Numis Securities lifted their price target on shares of Travis Perkins from $29.66 to $31.31 in a report issued on Wednesday

Tullow Oil PLC

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  • Financial Times: Tullow Oil said on Wednesday that two further oil discoveries in northern Kenya had prompted it to nearly double its estimate of discovered resources in the South Lokichar Basin to more than 600 million barrels of oil

Unilever PLC

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  • ABS-CBN: The Philippines’ RFM Corp, which makes Fiesta Pasta, is buying the Unilver group's Royal Pasta business for $47.8 million

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