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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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  • Nasdaq: Eastman Chemical Co agreed to acquire the assets of BP’s global aviation turbine engine oil unit to increase its product offerings in the aviation market
  • BBC: BP has pulled out of a project to store gas below Larne Lough

HSBC Holdings PLC

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  • Bloomberg: HSBC plans to lend $1 billion in 2014 to small and midsize US companies that do business internationally, the bank announced on Tuesday

Lloyds Group PLC

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  • The Guardian: Lloyds Banking Group is axing half of the relationship managers handling queries from small businesses as part of more than 1,300 redundancies announced on Tuesday

Rio Tinto PLC

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  • CNW: Rio Tinto Mining and Exploration Limited has received 44,126,780 common shares of Minera IRL Limited, representing approximately 19.44% of the issued and outstanding common shares of IRL
  • Rapaport: Rio Tinto announced a significant new partnership aimed at protecting India’s critically endangered vulture species and maintaining the biodiversity of the Madhya Pradesh region of India

Royal Dutch Shell Plc

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  • Reuters: Shell wants to sell a stake in a key US Gulf Coast crude oil pipeline for as much as $1 billion and is working with Barclays to solicit offers
  • MarketWatch: Shell on Tuesday purchased for cancellation 514,962 "B" Shares at a price of 2234.30 pence per share

Travis Perkins PLC

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  • Insider: Travis Perkins will ramp up its investment in growing the business from £100 million a year to as much as £170 million over the next few years

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