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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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  • Economic Times: BP has applied for licence to retail jet fuel or ATF at airports in India, Oil Secretary Vivek Rae said on Wednesday

BT Group PLC

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  • StockMarketWire: Deutsche Bank reiterates hold on BT Group; target price raised from 347 pence to 384 pence

GlaxoSmithKline PLC

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  • Daily Mail: Shares in GlaxoSmithKline rose 25.5 pence to 1579.5 pence on Wednesday after the drugs giant said its sales decline was ‘starting to stabilise’ in China, where the firm has been rocked by a damaging bribery and corruption scandal
  • Reuters: GlaxoSmithKline has predicted a pick-up in sales growth to around 2% this year as productivity in its drug research labs improves and pressure on sales in China moderates

Mitchells & Butlers PLC

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  • WKRB News & Analysis: Equities researchers at Barclays raised their target price on shares of Mitchells & Butlers from $7.89 to $8.22 in a research report issued on Wednesday

Rio Tinto PLC

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  • Mining Weekly: Rio Tinto’s CEO of diamonds and minerals, Alan Davies, has reiterated the company’s development intentions for the Simandou iron-ore project, in Guinea

Royal Dutch Shell Plc

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  • All Africa: Nigeria’s National Oil Spill Detection and Response Agency has imposed a $5 billion fine on Shell Petroleum for the 2011 Bonga oil spill incident

Unilever PLC

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  • Consumer Goods Technology: Unilever US and the Fashion Institute of Technology announce a new corporate partnership with FIT's Cosmetics and Fragrance Marketing and Management master's degree programme

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