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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 Columbian: Northwest Innovation Works, a joint venture between the Chinese Academy of Sciences and BP, proposes two plants along the lower Columbia River to distill methanol from natural gas for use in making plastics and rubber
  • The New York Times: David Einhorn’s firm, Greenlight Capital, has said that it had taken stakes in BP and Anadarko Petroleum, which is based in Houston

GlaxoSmithKline PLC

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  • Ticker Report: GlaxoSmithKline’s stock had its “hold” rating reiterated by investment analysts at Panmure Gordon in a note issued to investors on Wednesday; the analysts currently have a $28.73 price objective on the stock

HSBC Holdings PLC

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  • WKRB News & Analysis: HSBC Holdings’ stock had its “buy” rating restated by equities researchers at Citigroup Inc in a research report issued on Wednesday; the analysts currently have a $12.64 price target on the stock

Prudential PLC

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  • Ticker Report: Prudential was downgraded by Mediobanca SpA to a “neutral” rating in a research note issued on Wednesday with a $20.53 price objective on the stock

Rio Tinto PLC

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  • WKRB News & Analysis: Equities research analysts at HSBC lifted their target price on shares of Rio Tinto from $63.20 to $66.64 in a research note issued to investors on Wednesday

Royal Dutch Shell Plc

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  • BusinessWire: TMK IPSCO, the North American division of global pipe manufacturer TMK, has been awarded two three-year contracts to provide both oil country tubular goods and line pipe to Shell for onshore and offshore applications

Tullow Oil PLC

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  • Independent.ie: Tullow Oil has expanded its presence in the North Sea with the acquisition of interests in eight new licenses

Unilever PLC

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  • Reuters: Unilever is considering whether to sell its Slim-Fast business, Sky News reported on Wednesday, after months of speculation sparked by a similar move from rival Nestle

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