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Citywire Top Stocks Daily News Digest

Citywire Top Stocks Daily News Digest

by Himanshu Singh Feb 22, 2012 aA 02:54

All the news from across the web about the companies featured in Citywire's Top Stocks

AstraZeneca PLC

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  • 4-traders: AstraZeneca’s new thyroid cancer pill Caprelsa, or vandetanib, has been approved in Europe, giving a boost to a medicine which has suffered past setbacks
  • MarketWatch: AstraZeneca HealthCare Foundation has announced grants totaling more than $3.6 million to 20 US-based nonprofit organizations dedicated to improving cardiovascular health in local communities

BG Group PLC

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  • Reuters: BG Group plans to step up its presence in gas exploration in east Africa's second-biggest economy by investing $500 million in Tanzania this year

BP PLC

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  • The Daily Telegraph: BP has agreed a settlement with a worker injured in the Gulf of Mexico disaster, in a move further raising hopes the oil giant could yet settle other claims and avert the trial due to begin on Monday
  • BP PLC: Reliance Industries and partner BP have got Indian government approval to prepare a plan to develop the third largest gas discovery in KG-D6 block

HSBC Holdings PLC

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  • The Daily Telegraph: HSBC is preparing to issue and sell new shares in itself to fund the bonuses of its highest-paid staff working in the UK

ITV PLC

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  • The Daily Telegraph: HSBC is preparing to issue and sell new shares in itself to fund the bonuses of its highest-paid staff working in the UK

Kenmare Resources PLC

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  • Financial Times: Titanium miner Kenmare Resources was up 9% to 61½ pence in London on Tuesday, with takeover rumours once again doing the rounds

Rio Tinto PLC

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  • Bloomberg: Rio Tinto has said it has discovered Australia's biggest pink rough diamond at its Argyle mine, the world's largest producer of this type of gem
  • MiningWeekly: Rio Tinto will further its Mine of the Future programme by developing and testing new technologies in underground tunneling and mineral recovery

Royal Dutch Shell Plc

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  • Bloomberg: Shell’s air pollution permits for offshore oil drilling in Alaska have been challenged by Alaska Wilderness League and eight other organizations, which said the permits violate the US Clean Air Act

Tullow Oil PLC

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  • Bloomberg: Tullow Oil has completed the $2.9 billion sale of its assets in Uganda to Total SA and Cnooc Ltd and plans to pump first commercial oil from the fields in 2016
  • GBN: Tullow Oil has announced that the Jupiter-1 exploration well in Block SL-07B-11 offshore Sierra Leone has successfully encountered hydrocarbons

Unilever PLC

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  • AllAfrica: Unilever Kenya has filed its defence at the Industrial Court denying having wrongly sacked a former company manager now seeking more than $115,000

Vodafone Group PLC

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  • MENAFN: Vodafone has purchased 5.5 million of its ordinary shares of $0.11 3/7 each

Weir Group Plc

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  • Financial Times: Weir Group led the blue-chip risers in London Tuesday, up 6.6% to £21.86, amid hopes its annual results due on Wednesday would impress

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