ADVFN - Advanced Financial Network.
HOME» NYSE » B » BP Stock Price » BP Stock News

Bp Share News

 Bp P.l.c. Stock Price
BP Stock Price
 Bp P.l.c. Stock Chart
BP Stock Chart
 Bp P.l.c. Stock News
BP Stock News
 Bp P.l.c. Company Information
BP Company Information
 Bp P.l.c. Stock Trades
BP Stock Trades

ADR Shares End Lower Despite Early Boost From Iran Nuclear Pact

By Tess Stynes International companies trading in New York closed lower on Monday despite an early boost from an unexpected deal over the weekend to curb Iran's nuclear program in exchange for a loosening of economic sanctions. The Bank of New York index of ADRs fell 0.52% to 148.53. Gold futures also declined as the surprise accord defused some of the long-running tensions in the Middle East, reducing investor interest in haven assets such as precious metals. Decliners included mining companies such as Peru-based Compania de Minas Buenaventura SA (BVN), which dropped 2.2% to $11.78; and South Africa-based Harmony Gold Mining Co. Ltd. (HMY, HAR.JO), down 2.4% at $2.90 and AngloGold Ashanti Ltd. (AU, ANG.JO), off 2.3% at $13.36. The European index fell 0.35% to 144.52. Some oil majors shares were lower as crude prices weakened on expectations that Iran's oil exports may increase. Decliners included BP PLC (BP, BP.LN) , down 1.2% at $47.47 and Statoil ASA (STO), off 1.4% at $22.68. Fresenius Medical Care AG (FMS, FME.XE) was a bright spot, trading higher after the U.S. Centers for Medicare and Medicaid Services said it will reduce payments to kidney dialysis providers by less than 1% over the next two years in a reversal of the much-larger cuts it had proposed earlier this summer. The move handed at least a temporary victory to dialysis providers such as Fresenius. Shares rose 7.2% to $34.54. The emerging markets index shed 1.02% to 277.20 and the Latin American index declined 1.49%, to 291.02. Shares of some Brazilian lenders declined as the nation's Supreme Court prepared to decide on a series of complaints by depositors who say they lost money when the country changed its currency on multiple occasions between 1986 and 1995 to fight inflation. If the court rules against the banks, it could cost them billions of reais. Decliners included Itau Unibanco Holding SA (ITUB, ITUB3.BR, ITUB4.BR), which dropped 2.9% to $13.83, and Banco Bradesco SA (BBD, BBDO, BBDC4.BR), which declined 2.3% to $13.09. The Asian index was down 0.61% to 148.77. Still, Giant Interactive Group (GA) was a bright spot, after the Chinese online-game company said investors, including Chairman Yuzhu Shi and Baring Private Equity Asia, made a preliminary nonbinding proposal to acquire the stake in the company that they don't already own in a take-private deal that values it at roughly $2.86 billion. The investors, which have a combined stake of roughly 47.2%, made a preliminary offer of $11.75 a share. Shares were up 13% at $11.41. Write to Tess Stynes at tess.stynes@wsj.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Bp (BP)
DateTimeHeadline
04/17/201413:30:11Former BP Employee to Settle Insider-Trading Allegations
04/14/201419:50:27Canadian Natural-Gas Producer Encana Plans IPO for Royalty Arm
04/14/201413:20:46LONDON MARKETS: FTSE 100 Turns Higher As Mining Stocks Strengthen
04/14/201411:00:08LONDON MARKETS: FTSE 100 Slips, But Glencore Xstrata Gains
04/14/201406:04:56LONDON MARKETS: FTSE 100 Slides On Ukraine Tensions; Glencore...
04/09/201412:31:15EUROPE MARKETS: European Shares Rise With Auto Stocks Driving...
04/09/201411:21:14EUROPE MARKETS: European Shares Gain With Auto Stocks In High...
04/04/201412:38:13North Sea Crude Loadings to Drop During May Maintenance
03/31/201416:19:39Treasurys Pull Back in Final March Session
03/28/201413:25:59LONDON MARKETS: U.K. Stocks Rise For Second Week; Insurers Slide
03/28/201412:35:20LONDON MARKETS: U.K. Stocks Head For Weekly Rise; Insurers Slide
03/28/201412:24:08LONDON MARKETS: U.K. Stocks Decline As Insurers Drop On Probe...
03/28/201412:12:40EUROPE MARKETS: European Stocks Gain After Confidence Data
03/28/201406:14:19EUROPE MARKETS: European Stocks Gain, Reach For Weekly Increases
03/21/201413:25:14EUROPE MARKETS: European Stocks Log Weekly Gain; Consumer Mood...
03/20/201414:00:18EUROPE MARKETS: European Stocks Turn Higher After Improved U.S...
03/20/201413:58:55LONDON MARKETS: Oil Firms, GSK Push FTSE 100 To 0.5% Drop
03/20/201413:54:20LONDON MARKETS: Oil Firms, GSK Push FTSE 100 To Six-week Low
03/20/201413:52:28EUROPE MARKETS: European Stocks Drop On Prospect Of U.S. Rate...
03/19/201417:40:13BP Is Highest Bidder for 24 Gulf of Mexico Blocks

Bp and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad