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* Monday's decline was S&P 500's biggest since November * McGraw-Hill shares pressured, DOJ plans suit against S&P * ISM non-manufacturing data on tap, seen slightly lower * U.S. shares of BP Plc up in premarket after results * Futures up: Dow 69 pts, S&P 7.2 pts, Nasdaq 1
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Well-received results from ARM Holdings and BP and a decent performance from the banking sector helped the FTSE 100 bounce back slightly after Monday's sell-off. London's benchmark index slumped 100 points yesterday as political uncertainty in the Eurozone dented sentiment: corruption scandals at S
Read more* Shares up 2 percent * CEO says reshaping impact will continue into 2013 By Andrew Callus LONDON, Feb 5 (Reuters) - Shrinking British oil company BP Plc announced quarterly profit down a fifth from a year ago, after it sold assets in preparation for what could be its biggest oi
Read moreStrong gains from ARM Holdings and BP helped the Footsie rebound on Tuesday from a sharp sell-off the day before. London's benchmark index slumped 100 points on Monday as political uncertainty in the Eurozone dented sentiment: corruption scandals at Spanish Prime Minister (PM) Mariano Rajoy's gover
Read moreThe FTSE 100 is expected to open just slightly higher on Tuesday morning following a 100-point loss the day before. City sources predict the index will open up five points from yesterday's close of 6,247. Stocks sank on Monday as political uncertainty in the Eurozone dented sentiment: corruption
Read moreLONDON, Feb 5 (Reuters) - Fourth quarter profits from shrinking British oil company BP Plc beat analysts expectations on Tuesday thanks in part to a record performance from its refining division as a trial in the U.S. over its 2010 U.S. Gulf oil spill looms later in February. BP, the wester
Read moreProfits at oil titan BP slipped in the fourth quarter owing to lower upstream production levels, but the company assured that it well-positioned for growth after moving past 'many milestones' last year. Underlying replacement cost (RC) profit, adjusted for non-operating items and fair value account
Read more* Civil trial set to begin Feb. 25 in New Orleans * DOJ civil settlement seen likelier, states unclear * Louisiana pushing back against BP efforts to settle By Kathy Finn and Braden Reddall Feb 4 (Reuters) - It is a question that has lawyers and many others on the U.S. Gul
Read moreARM Holdings and BP will take the stage Tuesday as the FTSE 100 companies release fourth quarter and full year results. Analysts at Jefferies International last week predicted that ARM, the British multinational semiconductor and software design company, is well positioned to deliver sales exceedin
Read moreAhead of a major speech on the issue on Monday, George Osborne is still negotiating with Vince Cable, the Business Secretary, on the exact detail of a reserve power the Government could use if banks were found to be abusing new regulations. Figures close to the Chancellor said he would not back a "b
Read more* Russia's Jan oil production down 0.1 pct to 10.47 million bpd * Gas output edged down to 2.11 bcm last month MOSCOW, Feb 2 (Reuters) - Lower output from TNK-BP's mature fields led to an overall decrease in Russia's crude oil production, the world's largest, which edged down 0.1 perc
Read more* Marathon now owner of refinery with deadly past under BP * Marathon renaming refinery to Galveston Bay refinery * $2.4 billion deal announced in October HOUSTON, Feb 1 (Reuters) - Marathon Petroleum Corp on Friday closed its $2.4 billion acquisition of BP Plc's Texas City, T
Read more* Net rises 7 pct to 342 bln rbls vs 347 bln expected by analysts * Free cash flow down 54.5 percent to 45 bln rbls * Rosneft signs direct oil supply contracts * TNK-BP's $55 bln takeover to be closed in H1 By Vladimir Soldatkin MOSCOW, Feb 1 (Reuters) - Rosneft came
Read more* Natural gas liquids trader sues for breach of contract * Alleges BP attempting to manipulate U.S. gas liquids market * Company paid $303 mln fine in 2007 over propane manipulation * BP says that allegations are "untrue and without merit" * BP says it is not engaging in a
Read more* Rosneft says PKN Orlen contract worth $15 bln * Moves to eliminate traders from sale schemes MOSCOW, Feb 1 (Reuters) - Rosneft has signed several deals to supply customers in Europe directly via the Druzhba pipeline, as Russia's top crude oil producer moves to diminish the influence
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