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BP. Bp Plc

525.60
2.50 (0.48%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bp Plc LSE:BP. London Ordinary Share GB0007980591 $0.25
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.50 0.48% 525.60 526.10 526.20 531.40 525.30 529.20 60,159,643 16:35:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Petroleum Refining 211.6B 15.24B 0.8934 5.89 89.76B

ADRs End Higher; Baidu, BP Decline

28/07/2015 11:38pm

Dow Jones News


Bp (LSE:BP.)
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International stocks trading in New York closed higher on Tuesday.

The BNY Mellon index of American depositary receipts rose 1.1% to 142.03. The European index increased 1.2% to 143.17, the Asian index edged up 0.4% to 146.19, the Latin American index rose 1.9% to 190.28 and the emerging markets index increased 0.6% to 236.38. Baidu Inc. (BIDU) and BP PLC (BP, BP.LN) were among the companies with ADRs that traded actively.

Baidu's ADRs tumbled 15% $168.03 on Tuesday, a day after the Chinese search giant said it will ramp up spending to promote its expansion into linking online consumers with food delivery, group buying and other offline services, even as such offerings continued to take a toll on its profits. Baidu on Monday reported that its second-quarter earnings rose 3.3% as revenue growth was mostly offset by higher expenses.

BP's ADRs fell 3.4% to $37.29 after the U.K.-based oil giant reported that it swung to a second-quarter loss. The company's results were hit by lower oil prices and a multibillion-dollar charge stemming from a deal BP reached earlier this month to settle U.S. federal and state claims related to the 2010 Deepwater Horizon disaster.

Diageo PLC (DEO, DGE.LN) said it would terminate its partnership with Heineken NV in South Africa, as the world's largest spirits maker moves to wield more control over an increasingly important market. The London-based maker of Smirnoff vodka and Johnnie Walker whiskey agreed to restructure its South African and Namibian joint venture with Heineken and Namibia Breweries Ltd., ahead of a previously agreed 2018 termination date. ADRs rose 53 cents to $113.38.

Orange SA (ORAN, ORA.FR) reported that its first-half sales fell less than expected, as more customers in France opted for premium offers and the effects of a brutal price war in the country's mobile market showed signs of easing. The former French telecom monopoly's ADRs rose 14 cents to $16.70.

ADRs of Statoil ASA (STO) rose 4% to $16.48 after the Norway-based oil company reported second-quarter earnings fell 16% but beat expectations as an asset-sale gain offset write-downs and impacts from lower oil prices.

Write to Tess Stynes at tess.stynes@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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