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By Barbara Kollmeyer U.S. stock futures edged lower on Friday as traders brace for the expiration of key options and futures contracts and start to look ahead to a key Group of 20 meeting next week. Futures for the Dow Jones Industrial Average fell 1 point to 10364, while those for the S&P
18 Jun 10 12:39(This article was originally published Thursday.) By Al Lewis A DOW JONES NEWSWIRES COLUMN Steve Wereley, 43, was just another mechanical engineering guy until last month when he got a call from NPR. The Purdue University professor had co-authored a book called "Particle Image Veloc
18 Jun 10 12:35By Tomi Kilgore Of DOW JONES NEWSWIRES Wall Street traders tend to see stabilization in the face of bad news as a sign that a stock may be bottoming. That might make some believe BP PLC's U.S.-listed shares (BP) have priced in all the bad news, and are getting ready for a rally, but the sha
18 Jun 10 12:35Footsie has now dipped into the red as the early rally by the miners faded away, though BP continues to recover. News that the net cash requirement for the public sector came in at £11.96bn, against expectations of £20.25bn has had little benefit. The accruals-based measure of public sector net bor
18 Jun 10 12:04By Sarah Turner Of MARKETWATCH BP shares gained in British share trading on Friday, paring a fraction of the steep losses made since the explosion that sparked a massive oil spill in the Gulf of Mexico. BP (BP) climbed 4% to 374 pence, taking losses since the explosion on April 20 to 4
18 Jun 10 11:55BP has upset the Americans for obvious reasons, but it's now attracted the attention of the Russians who fear the "annihilation" of the oil giant. Ahead of his first state visit to the US next week, Russian president Dmitry Medvedev told the Wall Street Journal that the disaster was "a wake-up call
18 Jun 10 11:08By Barbara Kollmeyer U.S. stock futures were trading in tight range on Friday as traders brace for the expiration of key options and futures contracts. Futures for the Dow Jones Industrial Average fell 2 points to 10374, while those for the S&P 500 gained 0.5 points to 1112.20. Futures for
18 Jun 10 11:06Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 0933 GMT [Dow Jones] HSBC cuts BP (BP.LN) price target to 500p from 660p. Says the deal announced Thursday gives a possibl
18 Jun 10 10:330933 GMT [Dow Jones] HSBC cuts BP (BP.LN) price target to 500p from 660p. Says the deal announced Thursday gives a possible indication of spill costs and provides some clarity, albeit limited. Brokerage estimates the net present value to be around $30Bln and believes the fall in BP's shares more tha
18 Jun 10 10:330928 GMT [Dow Jones] HSBC (HBC) may be the logical dividend income replacement for BP (BP.LN), given that the market has lost the BP dividend which was due to be paid on June 21, says Oriel Securities. Oriel says investors should consider increasing weightings in HSBC, which clearly meets the broad
18 Jun 10 10:28Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 0928 GMT [Dow Jones] HSBC (HBC) may be the logical dividend income replacement for BP (BP.LN), given that the market has lost
18 Jun 10 10:28MOSCOW (Dow Jones)--BP PLC (BP), which intends to raise $10 billion worth by selling off assets in the wake of the Gulf oil spill, isn't planning to divest its stake in Russia's biggest oil producer, OAO Rosneft (ROSN.RS), BP's regional head told news agencies Friday. Speaking the day after Rosn
18 Jun 10 10:140841 GMT [Dow Jones] UniCredit downgrades BP (BP.LN) to hold from buy and cuts its target price to 420p from 690p to factor in estimate downgrades and the potential costs of the spill. UniCredit notes the setting-up of a $20B escrow account and the cancellation of the company's dividend. It reckons
18 Jun 10 09:41Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 0841 GMT [Dow Jones] UniCredit downgrades BP (BP.LN) to hold from buy and cuts its target price to 420p from 690p to factor i
18 Jun 10 09:41(Adds Australia hasn't called for moratorium despite earlier Montara leak in Timor Sea) By Mari Iwata Of DOW JONES NEWSWIRES FUKUI, Japan (Dow Jones)--Global oil output could fall up to 900,000 barrels a day from projected levels for 2015 if oil producing countries follow the U.S. lead a
18 Jun 10 09:22
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