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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
07/30/201504:41:53Cape Wins GBP9.8 Million Contract From BP
07/30/201504:10:11Centrica to Shrink Oil Business, Slash Jobs
07/30/201503:16:18Subsea 7 Gets $500 Million Contract Offshore Egypt
07/29/201506:06:33Correction to BP Swings to Loss in 2Q on Deepwater Deal, Low...
07/28/201518:38:49ADRs End Higher; Baidu, BP Decline
07/28/201510:47:04Correction to BP Swings to Loss Story
07/28/201509:19:13BP Swings to Loss in 2Q on Deepwater Deal, Low Oil Prices...
07/28/201509:00:23Husky Energy Profit Slumps 81% on Oil's Drop
07/28/201508:01:11BP CEO Sees Oil Prices Remaining Lower for Longer
07/28/201506:59:24BP Swings to Loss in 2Q On Deepwater Deal, Low Oil Prices --2nd...
07/28/201506:31:42BP CFO Says Further Softness in Oil Price to Come
07/28/201505:02:03BP Swings to Loss in 2Q On Deepwater Deal, Low Oil Prices --Update
07/28/201503:20:07BP Swings to Loss
07/28/201502:59:13BP Swings to Second-Quarter Loss on Lower Oil Price, Deepwater...
07/27/201511:19:06BP Looks to the Future After Settling Deepwater Horizon Claims
07/23/201506:54:58BP plc 2Q 2015 -- Forecast
07/15/201513:50:12BP Finds Itself at Odds With Regulators Again
07/15/201513:40:21BP Finds Itself at Odds With Regulators Again
07/14/201522:20:06Twitter Shares Hit by Takeover Hoax
07/14/201502:54:20Carillion Trading In Line With Expectations Wins BP Oman Contract

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