The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 510.40
Bid: 509.40
Ask: 509.50
Change: -5.40 (-1.05%)
Spread: 0.10 (0.02%)
Open: 516.30
High: 516.60
Low: 506.10
Prev. Close: 515.80
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BEFORE THE BELL: US Stock Futures Down As Bank Reform Deal Met

Fri, 25th Jun 2010 11:22

By Steve Goldstein U.S. stock futures declined Friday as Congressional negotiators reached agreement on sweeping reforms intended to reduce the chances of another banking sector implosion. Futures on the Dow Jones Industrial Average fell 27 points. S&P 500 futures sipped 3 points to 1067.50 and Nasdaq 100 futures fell 8.75 points to 1840.70. U.S. stocks suffered through a rocky session Thursday, with the Dow Jones Industrial Average retreating 145 points on a day when 30-year mortgage rates fell to their lowest point in nearly 40 years. Worries about the health of the housing market as well as financial and energy reform weighed. In the early hours of Friday, Senate and House negotiators reached a deal on bank sector legislation, with the deal loosening some of the tougher restrictions that had been proposed. Nonetheless, the bill which still needs to be voted on by the full House and Senate would craft new consumer protections, install new capital and leverage limits on large banks as well as limit proprietary trading activities. Bank reform globally also is in the spotlight ahead of this weekend's G-20 event in Toronto. A committee of banking regulators will pare back some of its planned rules to force banks to set aside billions of dollars of extra capital, the Financial Times reported Friday. In very thin premarket trade, Goldman Sachs Group Inc. (GS) shares edged up 1%. Research In Motion Ltd. (RIMM) may be active as it reported a 20% rise in fiscal first-quarter profit and said it would buy back up to 31 million shares, though it didn't ship as many BlackBerrys as analysts had anticipated. Oracle Corp. (ORCL), the business software giant, reported a stronger-than-forecast 25% rise in fiscal fourth-quarter profit. Oracle said new software license sales rose 14%. BP PLC (BP) slumped in London trade. The oil giant said total costs of cleaning the Gulf of Mexico oil spill reached $2.35 billion, as analysts at Nomura suggested the company needs to raise money by selling stock to assure sufficient funding. On the economic calendar, the third release of first-quarter U.S. GDP is due, as is the final reading of the University of Michigan's June consumer sentiment index. The Stoxx Europe 600 fell 0.5% in late morning trade, while the Nikkei 225 dropped 1.9% in Tokyo. Oil futures edged 40 cents a barrel lower, and the euro fell 0.5% to $1.2268. -By Steve Goldstein; 44 2078 429 424; AskNewswires@dowjones.com (END) Dow Jones Newswires June 25, 2010 06:22 ET (10:22 GMT)
More News
17 Apr 2024 17:36

Sustainable Finance Newsletter - Republican AGs look to limit climate groups

April 17 (Reuters) - In prior newsletters I have reported on the ongoing review by U.S. energy regulators of top asset managers' big utility holdings.

Read more
17 Apr 2024 13:55

Shell urges investors to reject shareholder group's climate demands

LONDON, April 17 (Reuters) - Shell on Wednesday urged shareholders to vote against an independent resolution, co-filed by a group of 27 investors, urging the energy company to set tighter climate targets.

Read more
17 Apr 2024 10:38

Carbon Done Right advances Sierra Leone rewilding project

(Alliance News) - Carbon Done Right Developments Inc on Wednesday said it has received the fourth disbursement of financing for its reforestation project in West Africa.

Read more
15 Apr 2024 17:10

LONDON MARKET CLOSE: Investors show nerves after Iran launches drones

(Alliance News) - Stock prices in London closed down on Monday, as tensions in the Middle East weighed on investors, with resources sliding as commodity prices fell.

Read more
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

Read more
15 Apr 2024 11:56

LONDON MARKET MIDDAY: Oil falls despite rising Iran-Israel tensions

(Alliance News) - London's FTSE 100 was down at midday on Monday, as oil majors BP and Shell were hurt by falling prices, with investors showing caution following Iran's strikes on Israel over the weekend.

Read more
15 Apr 2024 08:59

LONDON MARKET OPEN: FTSE 100 falls as oil lower despite Iran strikes

(Alliance News) - Stock prices in London opened lower on Monday, with a decline in oil prices sending Shell and BP lower, in a cautious start to the week following Iran's strikes on Israel over the weekend.

Read more
13 Apr 2024 16:52

Sector movers: Investors seek out safe havens across all asset classes

(Sharecast News) - Commodity plays were again sought out at the end of the week after The Wall Street Journal said that an Iranian attack against Israel was thought to be imminent.

Read more
12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

*

Read more
12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

Read more
12 Apr 2024 15:45

Europe's main energy stocks index hits highest since 2008

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

Read more
12 Apr 2024 14:45

London close: Stocks mixed as data shows UK GDP growth

(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.

Read more
12 Apr 2024 11:51

LONDON MARKET MIDDAY: February data spurs end of UK recession hopes

(Alliance News) - Stocks in London got a boost on Monday at midday, as investors were optimistic that the UK is heading out of its short lived recession.

Read more
12 Apr 2024 11:47

Europe's main energy stocks index hits highest since 2008

April 12 (Reuters) - The main European energy stocks index hit its highest level since 2008 as higher oil prices, geopolitical risks, and global economic uncertainty drew in investors on Friday.

Read more
12 Apr 2024 11:37

TOP NEWS: BP shares rise after reports Adnoc had pondered takeover

(Alliance News) - Shares in BP jumped on Friday after reports that the state-owned, United Arab Emirates oil company was considering, but had ruled out, a bid for the London-based oil major.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.