BP Share News (BP.)

FTSE 100 movers: Defensives gain, miners sold off as risk appetite wanes

Defensive sectors such as real estate and pharmaceuticals were performing well while commodity stocks were falling on Tuesday, with investors reducing their appetite for risk as European leaders met in Brussels to discuss Greece's future. Stocks which tend to hold up better in times of economic inst

London midday: Stocks weaken ahead of Greek summit as crisis continues

Oil and gas stocks dragged the UK equity market lower on Tuesday after the recent plunge in crude prices, as investors showed caution ahead of a key Eurozone summit on Greece. The FTSE 100 was down 0.13% at 6,526.92 by midday, with Rolls-Royce providing a further drag as the stock extended losses fo

London open: Stocks inch lower ahead of key Greek summit

UK stocks were trading slightly lower on Tuesday morning as investors awaited news from a meeting of Eurozone officials to discuss fresh proposals from Greece. The FTSE 100 was down 0.17% at 6,524.60 early on with oil and gas stocks out of favour following the recent plunge in crude prices. Stocks

FTSE 100 movers: Rolls-Royce leads blue chips lower after profit warning

London's blue chips were trading firmly in negative territory on Monday in the aftermath of the Greek public's decision to reject creditors' bailout proposals, with Rolls-Royce and a host of commodity stocks providing a drag. Engine maker Rolls-Royce had trimmed losses by the afternoon but was still

BP's outlook upped to 'positive' by Moody's on proposed US settlement

Ratings agency Moody's has changed BP's ratings outlook to 'positive' following the oil major's announcement of an $18.7bn agreement in principle to settle all the main US federal, state and municipal claims against its wholly-owned subsidiary, BP Exploration and Production (BPXP), related to the Ma

UPDATE 1-Egypt raises gas price paid to Italy's Eni and Edison -EGAS official

(Adds detail, background) CAIRO, July 5 (Reuters) - Egypt has raised the prices it pays Eni and Edison for the natural gas they produce in the country, an official with state-owned gas company EGAS said on Sunday. The agreements mark the latest move by Egyptian authorities to improve

BG, BP win Indonesia's Tangguh LNG sale tender for 3 cargoes-sources

MILAN/LONDON, July 3 (Reuters) - Indonesia's Tangguh liquefied natural gas (LNG) export plant has sold a total of three cargoes to BG Group and BP, for July/August loading, trade sources said on Friday. (Reporting by Oleg Vukmanovic and Sarah McFarlane; Editing by Susan Fenton)

Broker Tips: BP, FirstGroup, 888 Holdings, Ladbrokes, BAE Systems

Goldman Sachs raised its price targets on BP to 376p from 364p and $34.5 from $33.1, respectively, following the company's settlement over the 2010 Gulf of Mexico oil spill, but retained its 'sell' rating on the stock saying the fundamentals remain challenged. However, it noted that while this will

Goldman raises BP price target; keeps at 'sell' saying fundamentals still challenged

Goldman Sachs raised its price targets on BP to 376p from 364p and $34.5 from $33.1, respectively, following the company's settlement over the 2010 Gulf of Mexico oil spill, but retained its 'sell' rating on the stock saying the fundamentals remain challenged. "Removing much of the uncertainty aroun

LONDON MARKET MID-MORNING: Banks And Miners Lead Stocks Lower

BROKER RATINGS SUMMARY: JPMorgan And S&P Upgrade BP, Goldman Says Sell

JPMorgan upgrades BP to 'overweight' on Gulf of Mexico settlement

JPMorgan Cazenove upgraded BP to 'overweight' from 'neutral' and raised the price target to 475p from 450p following the company's unexpected settlement on Thursday over the 2010 Gulf of Mexico oil spill. "Whilst our estimate of remaining Macondo related liabilities falls by less than $2bn (only 7p/

BUZZ-BP: market cheers Gulf spill settlement

** BP shares up c.2 pct, after rising 5 pct yesterday, following news of its settlement to resolve claims from its Gulf of Mexico oil spill five years ago ** Upgraded by JP Morgan to "overweight" from "neutral"; PT raised to 475p ** "By bringing unexpectedly early and essentially com

LONDON BRIEFING: BP Shares Upgraded Amid Relief Over US Settlement

LONDON MARKET PRE-OPEN: Stocks Seen Lower With PMIs, Greece In Focus