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City sources predict the FTSE 100 will open up 26 points from yesterday's close of 5,296, boosted by news that the most recent opinion polls in Greece show that pro-bailout parties are in the lead. BP has revealed that it wants to sell-up at TNK-BP, the joint venture it set up with a consortium of
Read moreBP has revealed that it wants to sell-up at TNK-BP, the joint venture it set up with a consortium of Russian investors, as speculation has run rampant in recent days of a breakdown in the relationship between the British oil firm and its partners. The group said on Friday morning that it has receiv
Read more- Gains trimmed by the end of trade - Newsflow improves in Greece; New Democracy support increases - Spanish concerns weigh on sentiment London blue chips finished broadly flat on Monday as the initial optimism surrounding the Greek elections was outweighed in afternoon trade by ongoing concerns ab
Read moreThe Chief Executive Officer (CEO) of Russia's third-largest oil producer, TNK-BP, resigned on Monday, with sources citing a breakdown in the relationship between BP and its joint venture partner, AAR. In a short statement, TNK-BP said that Mikhail Fridman has resigned from the group and his departu
Read moreGermany's Nobel literature laureate Günter Grass criticised the treatment of Greece in the debt crisis, describing it in a new poem as a "country sentenced to poverty". The 84-year-old's latest work, "Europe's Disgrace", was published in the daily Sueddeutsche Zeitung. As Greece struggles with auste
Read moreAggreko: HSBC upgrades from neutral to overweight. Bumi: Nomura slashes target to 860p from 1,000p, stays at neutral. British Petroleum: Credit Suisse retains outperform, cuts target to 540p from 550p. ARM Holdings: UBS upgrades from neutral to buy, target lifted from 620p to 630p. BAE Systems
Read more-JP Morgan suggests ECB rate cut, LTRO restart -EU leaders make little progress -UK contracts more than expected in Q1 An underwhelming EU summit and a barrage of disappointing economic figures failed to hold back gains on Thursday, as the Footsie rebounded following yesterday's steep sell-off. C
Read moreCommodities prices improved on Thursday, buoying the share prices of some blue-chip miners and oil stocks, including Randgold, Vedanta, Amec, BP and BG Group. United Utilities was higher after saying that it has seen a marked improvement in customer satisfaction in the last year or so, and it is
Read moreStocks in the oil sector were the best performers on Thursday as crude prices rebounded from a seven-month low. Before the close in London, Brent futures were up $0.93 at $106.55 on the InterContinental Exchange as the P5+1 group of world powers - China, France, Germany, Russia, UK and US - continu
Read more- Stocks surge after yesterday's heavy falls despite Eurozone travails - China, Eurozone PMIs disappoint - UK contracts more than expected in Q1 Equity markets across Europe on Thursday were seemingly ignoring a barrage of disappointing economic data and last night's underwhelming EU summit, as sto
Read more- US jobless claims boost buying late on - BoE keeps interest rates, QE unchanged - Miners shrug off China data as Greek concerns ease London's blue chips rallied in afternoon trade on Thursday after some better-than-expected US economic data and easing concerns about Greece helped to snap a three-
Read moreBalfour Beatty: Investec keeps sell rating and gives new target of 210p. BP: Barclays downgrades from neutral to underweight. Ladbrokes: Nomura maintains neutral stance and 150p target. Morgan Crucible: Jefferies reiterates buy recommendation and 365p target. Rentokil Initial: Jefferies upgrades
Read moreBP: Jefferies cuts target from 550p to 525p, buy rating kept. British Sky Broadcasting: Jefferies reiterates hold rating and 700p target; Nomura maintains buy rating and 1,000p target. CSR: UBS upgrades from neutral to buy, target lifted from 290p to 310p. Halma: Barclays Capital downgrades from
Read moreThe cupboard was very bare this morning for share tips, only the Telegraph had a stock tip: Questor mulls BP's somewhat disappointing quarterly results yesterday. The column makes the point that on a like-for-like basis BP's production actually rose, although asset sales have reduced capacity. Th
Read more- US data offsets disappointing figures from China, UK - Lloyds leads banks higher, Man Group tumbles - Chemring gains 20pc after contract win With markets cautious early on after some disappointing manufacturing data from China and the UK, an upwards surprise in manufacturing figures Stateside gav
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