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

LONDON MARKETS: Oil Majors Lead FTSE 100 Out Of Five-day Slump

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- Oil firms led U.K. stocks higher on Friday after HSBC initiated coverage of several energy giants with overweight ratings, while the broader benchmark index recovered after a five-day losing streak. The FTSE 100 index rose 0.8% to 6,547.52, after closing at the lowest level since mid-October on Thursday. Shares of Royal Dutch Shell PLC (RDSB) climbed 2.7% after HSBC initiated coverage of the oil major with an overweight rating. HSBC also started coverage of BP PLC (BP), 0.8% higher, and BG Group PLC , up 0.7%, with overweight ratings. The analysts said the sector remains out of favor with investors, but that the companies' robust underlying cash flows aren't being recognized. Oil prices were lower. The London index moved a notch higher in afternoon trade after U.S. jobs data showed the labor market in the world's largest economy is improving. The unemployment rate fell to 7% in November from 7.3% in October and the nonfarm-payrolls report showed 203,000 new jobs were added to the economy, with both figures beating analyst estimates. Among other movers in London, shares of Lloyds Banking Group PLC (LYG) gained 1.6% after the bank said it has sold a portfolio of nonperforming Irish retail mortgages for 257 million pounds ($420.4 million) in cash. Vodafone Group PLC (VOD) put on 1.7% after Berenberg lifted the telecom firm to buy from hold and Exane BNP Paribas upgraded it to neutral from underperform. Pennon Group PLC picked up 0.7% after Barclays upped the water-utility firm to overweight from equal weight. And also on the ratings theme, Wm Morrison Supermarkets PLC traded 0.9% higher after Citigroup lifted the company to neutral from sell. Outside the main index, Domino's Pizza Group PLC slid 6.4% after Chief Executive Lance Batchelor quit to take up a role at a "significant private-equity backed company." More must-reads from MarketWatch: European stocks aim to break five-day losing streak Jobs, market breadth and the data that screams more gains in 2014 3 low-risk stocks for market skeptics Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Bp (BP)
DateTimeHeadline
07/22/201413:12:47EUROPE MARKETS: FTSE Hits 2-week High As Oil Shares Rise Across...
07/22/201410:05:24EUROPE MARKETS: Oil Shares Drive Higher In Europe; Publicis Slides
07/22/201406:41:02EUROPE MARKETS: Oil Shares, ARM Drive Gains In European Markets
07/11/201408:30:35North Sea Maintenance Means August Crude-Oil Loadings to Fall...
07/09/201412:26:38EUROPE MARKETS: U.K.'s FTSE 100 Yanked Lower By Insurers
07/09/201405:18:09EUROPE MARKETS: European Markets Head For Fourth Day In Red
06/26/201416:42:53Egypt to Repay Some of the Billions Owed to Energy Firms
06/25/201416:23:57LONDON MARKETS: U.K. Stocks Fall As Part Of Global Equity Slump
06/25/201416:18:29India Defers Decision On Raising Gas Prices
06/25/201416:17:32India Defers Decision On Raising Gas Prices By 3 Months
06/25/201416:13:22LONDON MARKETS: U.K. Stocks Pull Lower As Part Of Global Equity...
06/25/201405:44:11Reabold Resources Investing Policy Implemented, Trading Restored
06/19/201412:29:17LONDON MARKETS: FTSE 100 Scores Best Day In Almost Two Weeks
06/19/201406:07:12LONDON MARKETS: FTSE 100 Eyes Its Best Day Since April
06/18/201417:07:21ADR Shares End Higher
06/18/201403:58:09Reliance Industries To Invest $30 Billion in Three Years
06/17/201417:52:14ADR Shares End Mixed; Yingli Green Shares Active
06/16/201416:22:37Despite Ukraine, Exxon's Tillerson to Appear With Rosneft's Sechin
06/16/201406:22:19LONDON MARKETS: U.K. Stocks Slip For Second Day As Pound Rallies
06/16/201404:30:07Global Oil Consumption Outpaces Production

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