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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
06/20/201605:35:00BP Sanctions Fast-Track Development of Atoll Discovery in Egypt
06/17/201606:08:00BP and Rosneft Create Joint Venture to Explore for Oil in East...
06/15/201608:50:00European Corporations Urge U.K. to Remain in EU
06/11/201603:04:00BP to Spin Off Norwegian Oil, Gas Fields -- WSJ
06/10/201611:45:00CHC Helicopter Grounded On BP Oil Field in the North Sea
06/10/201610:51:00BP, Det Norske Plan Listed Joint Venture -- Update
06/10/201605:47:00Statoil Lowers Expectations off Newfoundland
06/10/201603:30:00BP, Det Norske Plan Listed Norway Joint Venture
06/10/201602:43:00BP, Det Norske Plan Listed Joint Venture
06/09/201618:50:00Brazil Police Say BHP, Vale At Fault for Dam Disaster
06/09/201615:48:00As U.S. Banks Exit Commodities, an Australian Rival Takes Over
06/09/201607:16:00Correction to BP's Egyptian Discovery Announcement
06/09/201607:08:00BP Announces New Oil Discovery in Egypt's East Mediterranean
06/08/201612:00:00Oil Gains Energy Market Share in Changing Landscape
06/08/201611:35:00Oil Gains Energy Market Share in Changing Landscape
06/06/201614:20:00IRS Says Fines Paid to Finra Aren't Tax Deductible
06/05/201619:53:00As U.S. Banks Exit Commodities, an Australian Rival Takes Over
06/03/201613:16:00BP Agrees to Pay $175 Million to Investors Over Deepwater Risks
06/02/201622:10:00BP Reaches Tentative $175 Million Settlement in Securities Litigation
06/02/201621:56:00BP Reaches Tentative $175 Million Settlement in Securities Litigation

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