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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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  • Financial Times: End of era as Barclays' investment banking head Hans-Jörg Rudloff is to retire

BP PLC

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  • fuelfix.com: BP said on Monday it began pumping crude from a new well at one of its four major deep-water hubs in the Gulf of Mexico last week, the second major startup in US offshore region this year

HSBC Holdings PLC

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  • Financial Times: HSBC admitted that it missed its target cost efficiency ratio - a measure of costs as a proportion of income - which was 59.6% in 2013, higher even than a revised target of “mid-fifties”; the original target set in 2011 was 48-52%
  • Reuters: HSBC's boss said Europe's biggest bank had no plans to spin off and separately list its UK retail banking arm to meet new regulatory requirements

Unilever PLC

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  • thedrum.com: Unilever will unveil its first programmatic mobile marketing platform – Konnect – at Mobile World Congress in Barcelona later this afternoon

Vodafone Group PLC

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  • Financial Times: The highest daily volume in more than five years pushed Vodafone 4.1% higher to 252.3p; Vodafone powered the FTSE 100 to its highest close since 1999 on Monday as investors reinvested its $60 billion cash return
  • The Independent: Vodafone shareholders are about to get a huge pay out from the group’s sale of its part of its US joint venture Verizon Wireless

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