BP Share News (BP.)

US corporates hold off bond deals on market volatility

By Will Caiger-Smith NEW YORK, Feb 2 (IFR) - US high-grade corporates stood on the sidelines on Tuesday as volatility intensified in broader markets on the back of more worries about earnings and global growth. With the Dow Jones industrial average opening 190 points lower, 10-year Tr

CORRECTED-UPDATE 2-Exxon's profit tumbles 58 percent, slashes capex by one-quarter

(Corrects year for capex cut) By Anna Driver Feb 2 (Reuters) - Exxon Mobil Corp on Tuesday reported its smallest quarterly profit in more than a decade and said it will cut 2016 spending by one-quarter and suspend share repurchases as it copes with a prolonged downturn in crude prices

FTSE 100 movers: BP leads market fallers on losses

(ShareCast News) - The FTSE 100 was back below 6,000 on Tuesday, dropping 151.22 points (2.5%) to 5,908.88 by mid-afternoon. BP took the biggest hit after $2.6bn of write-downs and restructuring charges sent it crashing into losses for the fourth quarter and full year. A $3.31bn loss was reported f

Liberum cuts targets on wide swathe of oil sector firms

(ShareCast News) - Analysts at Liberum cut their share price targets for a wide swathe of the London-listed oil sector after taking into account the sharp shift lower in futures prices over the last four months. Worries about demand conditions in China and Europe, together with the threat of growing

LONDON MARKET MIDDAY: Loss-Making BP Leads Oil And Mining Stocks Rout

UPDATE 3-BP reports biggest ever annual loss

* BP shares slide 8 pct after results miss forecasts * BP reports 2015 loss of $6.5 bln, to cut 3,000 more jobs * 2016 spending seen at lower end of $17-19 bln range (Updates throughout) By Karolin Schaps and Ron Bousso LONDON, Feb 2 (Reuters) - BP slumped to its biggest

TOP NEWS SUMMARY: Weak Oil Sends BP To GBP5 Billion Loss In 2015

Oil companies' 5-year CDS rise after S&P rating actions, BP loss -Markit

LONDON, Feb 2 (Reuters) - The cost of insuring exposure to the debt of six integrated European oil and gas companies rose by as much as 32 basis points on Tuesday after ratings actions by Standard & Poor's and BP's worst annual loss in over 20 years. Standard & Poor's cut its rating on Roya

WINNERS & LOSERS SUMMARY: Sainsbury's Up As Home Retail Offer Unveiled

BUZZ-BP: Worst day since 2010 after reporting $6.5 bln annual loss

(Updates) ** BP down 7.7 pct, bottom of the FTSE 100 and set for biggest single-day fall since June 2010 ** Co reports FY loss of $6.5 bln, worst in at least 20 yrs; Q4 underlying replacement cost profit of $196 mln vs analysts' expectations of $730 mln ** Co also says it will

Foreign investors welcome to take part in Russian privatisation - Kremlin

MOSCOW, Feb 2 (Reuters) - Foreign investors are welcome to take part in Russian privatisation, Kremlin spokesman Dmitry Peskov told reporters on Tuesday. He added that the list of companies to be privatised and the size of stakes were yet to be finalised. (Reporting by Alexander Winni

BROKER RATINGS SUMMARY: Citigroup And Liberum Upgrade Shell To Buy

Russia proposes raising state firms' dividend payout ratio to 50 pct

MOSCOW, Feb 2 (Reuters) - Russia's budget may get an extra 110 billion roubles ($1.41 billion) in dividends from state companies this year if the payout ratio is raised to 50 percent of profits, Olga Dergunova, the head of Russia's state property agency, said on Tuesday. The agency has prop

LONDON MARKET OPEN: BP Leads Shares Lower After Earnings Miss

UPDATE: BP Shares Lower As It Posts USD5 Billion Loss For 2015