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Investec has maintained its 'hold' recommendation for oil giant BP, labelling the company's full-year results as 'weak'. "As the only one of the three UK majors not to warn on profits and/or guidance, BP looks like the undisputed champion in Q4," said Analyst Neill Morton. "However, this should not
4 Feb 14 12:19LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>BG Group</strong>, up 1.1%. After initially seeing its share price fall, BG is no
4 Feb 14 11:50- Markets bounce off lows but still in negative territory - Stocks tracking losses in US, Asia - ARM, BP, Electrocomponents and Ocado lower after results techMARK 2,747.57 -0.70% FTSE 100 6,437.48 -0.44% FTSE 250 15,494.78 -0.41% It was a choppy morning for UK markets on Tuesday as stocks pared lo
4 Feb 14 11:41Investec has maintained its 'hold' recommendation for oil giant BP, labelling the company's full-year results as 'weak'. Underlying replacement cost profit in the fourth quarter fell to $2.8bn from $3.9bn in the fourth quarter of 2012. This came in 4% above company-compiled consensus forecasts, but
4 Feb 14 11:19LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>BP</strong> PLC announced a fall in its fourth-quarter pretax profit but an increase in pretax profit for the full year 2013 overall. Th
4 Feb 14 11:14* Q4 underlying profit $2.8 bln vs $2.7 bln forecast * Provision for oil spill increased by $200 mln to $42.7 bln * Company reiterates spending, cash flow targets * Shares down 0.9 pct By Sarah Young LONDON, Feb 4 (Reuters) - BP reported a sharp drop in fourth-quarte
4 Feb 14 10:25(Corrects percentage fall in second paragraph) LONDON, Feb 4 (Reuters) - BP, the West's no.4 oil company, reported weaker quarterly profits after its refining business swung to a loss, and said it would increase the accounting provision for the 2010 U.S. oil spill by $200 million. The
4 Feb 14 10:14LONDON (Alliance News) - BP PLC Tuesday announced a fall in its fourth-quarter pretax profit but an increase in pretax profit for the full year 2013 overall. The oil and gas giant said its fourth quarter pretax profit was down 58% to USD1.58 billion from USD3.77 billion in the corresponding
4 Feb 14 09:12LONDON (Alliance News) - UK shares have opened lower Tuesday amid continued worries about the US economy.<br /><br /><strong>Ocado</strong> shares are down 4.5% as it reported a wider pretax loss for 2013, though the online grocer said it expects to reach profitability this year.<br /><br />Br
4 Feb 14 08:29- ARM, BP, Ocado fall as annual results disappoint - FTSE 100 at lowest since mid-October - Wall Street suffers worst drop since June 2013 techMARK 2,735.92 -1.12% FTSE 100 6,422.52 -0.67% FTSE 250 15,450.97 -0.69% UK stocks fell to their lowest levels in nearly four months on Tuesday morning as c
4 Feb 14 08:22LONDON, Feb 4 (Reuters) - BP, the West's no.4 oil company, reported weaker quarterly profits after its refining business swung to a loss, and said it would increase the accounting provision for the 2010 U.S. oil spill by $200 million. The British company on Tuesday reported underlying repla
4 Feb 14 07:46LONDON (Alliance News) - European oil giant BP PLC. posted lower fourth-quarter 2013 profit attributable to BP shareholders of USD1.04 billion, or USD5.54 a share, versus last year's USD1.49 billion, or USD7.75 a share, with pre-tax profit plunging year-over-year to USD1.199 billion, from USD3.3
4 Feb 14 07:46LONDON (Alliance News) - UK stocks are set to continue to decline Tuesday, following their Asian and US counterparts lower, as investors continue to digest much weaker-than-expected US manufacturing data and as concerns about the US debt ceiling reappear. Meanwhile, in a raft of 2013 earnin
4 Feb 14 07:44LONDON, Feb 4 (Reuters) - BP posted a 37 percent drop in fourth quarter profit due to a weaker performance in both its production and refining businesses and said it would increase the accounting provision for the 2010 oil spill by $200 million. The company, the western world's no.4 oil com
4 Feb 14 07:17- 2013 underlying RC profit falls to 13.43bn dollars, from 17.07bn dollars - Underlying production expected to fall in 2014 - Capex guidance in line with 2013 Oil major BP has reported a weaker bottom line for the fourth quarter, leading to a steep drop in underlying profits for 2013. The company
4 Feb 14 07:10
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