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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: Barclays has closed its US and European power trading operations, as it looks to restructure its commodities business amid tighter regulation and falling profits

BP PLC

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  • Offshore Magazine: Independent Oil and Gas has agreed to sell its 50% share of gas from the Blythe field in the UK southern North Sea to BP Gas Marketing

Glencore Xstrata PLC

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  • Australia Mining: GlenxoreXstrata has announced it will close its Mount Margaret operations as it finishes work at its last remaining open pit, E1 North, in March

Rio Tinto PLC

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  • Sydney Morning Herald: Rio Tinto chief executive Sam Walsh has indicated he may stay in the job beyond his three-year term at the dual-listed miner

Royal Dutch Shell Plc

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  • Market Watch: Royal Dutch Shell plc announced buyback of 852,613 units of "B" Shares at a price of 2349.82 pence per share
  • Ticker Report: Royal Dutch Shell stock had its “overweight” rating restated by Barclays in a research note issued on Tuesday

Unilever PLC

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  • Marketing Magazine: Unilever yesterday announced a partnership with Internet.org, a Facebook-led alliance of online partners, which will bring internet access to millions in rural India
  • Wall Street Journal: Unilever and Procter & Gamble escalate big hair war; shampoo pricing is a battleground for consumer-goods companies in the US and Western Europe

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