Last checked at 4 Mar 2024 10:43
Jefferies upgrades BP to 'buy'
(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.
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Share Price Information for BP (BP.)
Share Price is delayed by 15 minutes
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Share Price:
485.25
Bid:
485.25
Ask:
485.40
Change:
-3.85 (-0.79%)
Spread:
0.15 (0.031%)
Open:
485.00
High:
487.25
Low:
483.05
Prev. Close:
489.10
Last checked at -
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Sun, 11th Jul 2010 18:05
WASHINGTON (AFP)--The man charged with doling out BP PLC's (BP.LN, BP) compensation to victims of the Gulf of Mexico oil spill said Sunday he is prepared to pay up to six months of expenses in advance, but getting people to file claims is a struggle. Kenneth Feinberg told CNN he wanted to provide "some degree of financial certainty," to people who have found their livelihoods hurt by the massive oil spill. "If they are eligible, we will give them up to six months emergency [compensation]." But, he lamented, "I can't help people if they don't file." Many of the fishermen and others who work in the U.S. region of the Gulf region regularly get paid in cash and do not have paperwork to back up their claims of lost income. They are also worried that if they ask for compensation, the government will seek taxes for previous income. "One of the big challenges is convincing people to file a claim," he said. Feinberg said people ask, "Are you going to be sending all of my information that I provide you to [tax officials]? I am not sure about what [are] your intentions." "No, no, no," Feinberg promised. "This is not easy to convince people that some new program will help them. It takes some work." Feinberg said that until oil stops gushing into the Gulf of Mexico, he could not estimate whether the initial $20 billion fund set up by BP would be enough to pay compensation claims. "Until the oil stops, you don't know how pervasive the oil spill will be," he said. "You don't know if somebody who has not been harmed at all today will be harmed by additional oil next week. Once the oil stops, I believe we will be able to, very quickly, to get sort of a handle" on the scope of the disaster on livelihoods in the region. Millions of barrels of oil have poured into the Gulf since a deepwater drilling rig exploded on April 20, killing 11 workers. It sank two days later, sending crude unchecked into the water ever since, unleashing the nation's worst ever environmental disaster. (END) Dow Jones Newswires July 11, 2010 13:05 ET (17:05 GMT)
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4 Mar 2024 08:59
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BP hails arrival of LNG vessel at project off Senegal and Mauritania
(Alliance News) - BP PLC on Thursday celebrated the arrival of a gas vessel offshore west Africa, which it called a "major milestone" for its project there.
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BP and Adnoc form gas joint venture in Egypt to boost capabilities
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BP and Adnoc agree Egyptian joint venture
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UK dividends calendar - next 7 days
| Friday 9 February | |
| AJ Bell PLC | dividend payment date |
| B&M European Value Retail SA | special dividend payment date |
| BlackRock Latin American Investment Trust PLC | dividend payment date |
| Braemar PLC | dividend payment date |
| i3 Energy PLC | dividend payment date |
| JPMorgan Multi-Asset Growth & Income PLC | dividend payment date |
| Montanaro UK Smaller Cos Investment Trust PLC | dividend payment date |
| Netcall PLC | dividend payment date |
| Origin Enterprises PLC | dividend payment date |
| Sage Group PLC | dividend payment date |
| Schroder AsiaPacific Fund PLC | dividend payment date |
| Tracsis PLC | dividend payment date |
| Tufton Oceanic Assets Ltd | dividend payment date |
| Monday 12 February | |
| no events scheduled | |
| Tuesday 13 February | |
| Cohort PLC | dividend payment date |
| Future PLC | dividend payment date |
| Mondi PLC | special dividend payment date |
| Wednesday 14 February | |
| Blackrock Frontiers Investment Trust PLC | dividend payment date |
| Ecora Resources PLC | dividend payment date |
| Grainger PLC | dividend payment date |
| Oxford Metrics PLC | dividend payment date |
| Supermarket Income REIT PLC | dividend payment date |
| Unicorn AIM VCT PLC | dividend payment date |
| Unicorn AIM VCT PLC | special dividend payment date |
| Thursday 15 February | |
| Alternative Income REIT PLC | ex-dividend payment date |
| Aquila European Renewables PLC | ex-dividend payment date |
| Balanced Commercial Property Trust Ltd | ex-dividend payment date |
| BioPharma Credit PLC | ex-dividend payment date |
| BP Marsh & Partners PLC | ex-dividend payment date |
| BP PLC | ex-dividend payment date |
| Elixirr International PLC | dividend payment date |
| Gabelli Merger Plus+ Trust PLC | ex-dividend payment date |
| GCP Asset Backed Income Fund Ltd | ex-dividend payment date |
| Greencoat UK Wind PLC | ex-dividend payment date |
| Gulf Investment Fund PLC | ex-dividend payment date |
| Hargreave Hale AIM VCT PLC | dividend payment date |
| Henderson Opportunities Trust PLC | ex-dividend payment date |
| ICG Enterprise Trust PLC | ex-dividend payment date |
| Impax Environmental Markets PLC | ex-dividend payment date |
| Imperial Brands PLC | ex-dividend payment date |
| Invesco Perpetual UK Smaller Cos IT PLC | ex-dividend payment date |
| Invesco Select Trust PLC Global Equity Income | dividend payment date |
| Invesco Select Trust PLC UK Equity | dividend payment date |
| JPMorgan European Growth & Income PLC | ex-dividend payment date |
| Knights Group Holdings PLC | ex-dividend payment date |
| M Winkworth PLC | dividend payment date |
| Majedie Investments PLC | ex-dividend payment date |
| Mattioli Woods PLC | ex-dividend payment date |
| Mobeus Income & Growth 4 VCT PLC | ex-dividend payment date |
| Mountview Estates PLC | ex-dividend payment date |
| Murray Income Trust PLC | ex-dividend payment date |
| NCC Group PLC | ex-dividend payment date |
| NextEnergy Solar Fund Ltd | ex-dividend payment date |
| Pershing Square Holdings Ltd | ex-dividend payment date |
| PRS REIT PLC | ex-dividend payment date |
| Ramsdens Holdings PLC | ex-dividend payment date |
| Schroder UK Mid Cap Fund PLC | ex-dividend payment date |
| Shell PLC | ex-dividend payment date |
| Triple Point Venture VCT PLC | ex-dividend payment date |
| Troy Income & Growth Trust PLC | ex-dividend payment date |
| UK Commercial Property REIT Ltd | ex-dividend payment date |
| Comments and questions to newsroom@alliancenews.com | |
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6 Feb 2024 17:39
London close: Stocks manage gains as oil prices rise
(Sharecast News) - London's financial markets finished with a positive performance on Tuesday, driven by encouraging data from the UK construction sector and BP's share buyback expansion.
Read more