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
05/24/201511:00:03Oil Stocks: 2 to Avoid, and 1 to Buy
05/22/201517:00:03Should You Follow Goldman Sachs Advice on Oil Stocks?
05/20/201519:47:44Woodside Bullish on Browse LNG, Despite Oil-Price Slump
05/20/201519:03:29BP Settles Deepwater Horizon Claims With Transocean, Halliburton...
05/20/201518:14:49BP Agrees to Settle Deepwater Horizon Claims With Transocean...
05/20/201518:12:22Study Finds Link Between Dolphin Deaths, Oil Exposure
05/20/201517:00:08Halliburton, BP Agree to Settle Deepwater Horizon Claims
05/20/201516:53:07Halliburton, BP Agree to Settle Deepwater Horizon Claims
05/19/201519:00:15Tim Cook is Making His Mark on Apple
05/19/201515:08:58Which Big Oil Stock Would Benjamin Graham Buy Today?
05/15/201512:35:44EUROPE MARKETS: FTSE 100 Falls, Logs Weekly Decline As Growth...
05/15/201500:01:28Indonesia's Widodo Puts Development Spotlight on Remote Papua
05/14/201511:00:02Who Is The Biggest Player In Energy?
05/14/201508:50:19BP Hires Former MI6 Chief John Sawers
05/14/201506:47:56BP Hires Former MI6 Chief John Sawers
05/13/201514:03:02Best Energy Dividend Stock? The State of Alaska
05/11/201520:00:02BP plc's CFO Gives Investors 5 Key Takeaways
05/11/201513:05:03How Much Longer Can The Oil Age Last?
05/11/201511:21:023 Vitally Important Numbers You Need to Know to Profit From Big...
05/10/201518:18:13In U.K., Barriers Rising Against Foreign Deals

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