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LONDON MARKETS: FTSE 100 Breaks 3-day Winning Streak; Miners Fall

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- The U.K.'s FTSE 100 index declined on Tuesday as investors paused for breath after a three-day rally, with resource firms and banks leading the charge south. The FTSE 100 index lost 0.6% to 6,680.78, erasing a 0.5% gain from Monday. Shares of Intertek Group PLC gave up 4.2% after the product-testing and certification company said it will buy Architectural Testing Inc. for $95 million. Aberdeen Asset Management PLC slipped 2.6% after surging 15% on Monday, when Lloyds Banking Group PLC (LYG) said it is selling its asset-management business Scottish Widows Investment Partnership Group Ltd. to the U.K. investment manager. Among sectors on the move, miners were on the decline as metals prices traded mixed. Shares of Anglo American PLC dropped 1.8%, Rio Tinto PLC (RIO) gave up 1.5%, Glencore Xstrata PLC (GLCNF) slipped 1.3%, and BHP Billiton PLC (BHP) fell 1.2%. Oil firms were also among the losers, tracking oil prices lower. BG Group PLC erased 1.2%, BP PLC (BP) lost 0.7%, and Royal Dutch Shell PLC (RDSB) eased 0.6%. Banks were lower after being among the risers on Monday. Shares of Standard Chartered PLC dropped 1.6%, Lloyds Banking Group PLC (LYG) gave up 1.4%, and sector heavyweight HSBC Holdings PLC (HSBC) slipped 0.5%. Bucking the negative trend in London, shares of EasyJet PLC jumped 6.4% after the budget airliner posted a 51% rise in fiscal 2013 pretax profit, driven by a 11% increase in revenue. It warned, however, that the situation in Egypt, coupled with a later Easter next year, would reduce fiscal first-half revenue per seat. Outside the major index in London, shares of Thomas Cook Group PLC climbed 3.6% after the travel agent said it sold the majority of its interests in The Airline Group Ltd., a shareholder in U.K. Air Traffic controller NATS Holdings Ltd., for 38 million pounds ($61.20 million) in cash. Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Bp (BP)
DateTimeHeadline
05/05/201614:10:00BP to Open Iran Office, Iranian Firm Says
05/05/201613:59:00BP to Open Iran Office in Summer, Iranian Oil Firm Says -- Update
05/05/201611:48:00BP to Open Office in Iran in Summer, says NIOC
05/03/201621:30:00BHP, Vale Face $44 Billion Lawsuit Over Brazil Dam Disaster
04/29/201608:40:00Oil Companies Begin to Benefit From Cost Cuts
04/28/201603:15:00John Wood Group Secures $500 Million Services Contract
04/27/201603:03:00Huge Oil Spill From 2010 Still Shadows BP -- WSJ
04/27/201603:02:00Oil-Price Jump Lifts Energy Stocks -- WSJ
04/26/201620:06:00BP Results Still Hurt by Gulf of Mexico Spill -- 5th Update
04/26/201618:27:00BP Results Still Hurt by Gulf of Mexico Spill -- 4th Update
04/26/201618:05:00ADRs End Mostly Higher; Orange Rises
04/26/201616:29:00Energy Up With Oil Futures -- Energy Roundup
04/26/201615:28:00BP Results Still Hurt by Gulf of Mexico Spill -- 3rd Update
04/26/201615:10:00U.S. Oil Prices Settle at 2016 High
04/26/201607:14:00BP Results Still Hurt by Gulf of Mexico Spill -- 2nd Update
04/26/201605:13:00BP Results Still Hurt by Gulf of Mexico Spill -- Update
04/26/201604:16:00Correction to BP Reports First-Quarter Pretax Loss Story
04/26/201604:10:00Global Stocks Steady Ahead of Central Bank Meetings
04/26/201603:20:00BP Earnings Beat Expectations
04/26/201603:02:00Aramco IPO: Big Payday, Big Risks -- WSJ

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