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: Shire Leads U.K. Market Higher On Takeover Speculation

By Carla Mozee, MarketWatch LONDON (MarketWatch) -- Stocks in the U.K. rose Tuesday, headed by Shire PLC on speculation the drug maker may land an acquisition offer, and the market held its ground after quarterly economic growth in the U.K. came in at a slower rate than anticipated. The U.K.'s FTSE 100 rose 0.5% to 335.54, building on Monday's gain of 0.2% when another drug maker, AstraZeneca PLC, jumped 14% on indications Pfizer Inc. (PFE) may step up its takeover efforts. AstraZeneca shares on Tuesday were in the loss column, down 0.7%. But Shire climbed to the top of the FTSE's list of advancers, rising 3.9% in the wake of a Reuters report that Allergan Inc. (AGN) is getting ready to approach Shire again about a potential merger. Reports emerged last week that previous talks between Shire and Allergan about a tie-up didn't pan out. Botox maker Allergan itself is currently being pursued by Valeant Pharmaceuticals International Inc. (VRX) in partnership with activist investor William Ackman. A representative from Shire said the company doesn't comment on market speculation. London-listed stocks held steady after the U.K. Office for National Statistics said the economy grew by 0.8% in the first three months of the year, just shy of the 0.9% growth analysts polled by The Wall Street Journal had expected. The quarterly rate was also lower than the Bank of England's estimate of 1%. Gross domestic product for the first quarter rose 3.1% on a year-over-year basis. The pound (GBPUSD) initially dropped against the U.S. dollar after the data, to $1.6799, from $1.685 earlier Tuesday and Monday's level around $1.6809. Britain's currency has since come off its lows to buy $1.6813. Shares of BP PLC (BP) were up 0.9% after the oil major raised its dividend to 9.75 cents a share from 9 cents a share last year. First-quarter production fell 8.5% to 2.13 million barrels of oil a day and revenue declined to $91.71 billion from $94.11 billion a year ago. More news from MarketWatch: FBI unit to help find pillaged foreign assets Cirrus Logic to buy Wolfson Microelectronics PLC 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