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Share Price Information for BP (BP.)

London Stock Exchange
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Share Price: 515.80
Bid: 516.20
Ask: 516.40
Change: 6.40 (1.26%)
Spread: 0.20 (0.039%)
Open: 508.50
High: 517.60
Low: 503.60
Prev. Close: 509.40
BP. Live PriceLast checked at -

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FTSE 100 movers: Financials, Big oil pace gains

Wed, 25th May 2016 16:34

(ShareCast News) - Financials were again to be found near the top of the leaderboard on Wednesday with shares of 'big oil' firms nipping at their heels.According to an opinion poll conducted for the Evening Standard by Opinium, voters in London said they were overwhelmingly in favour of the UK staying inside the European Union, by a margin of 60% in favour to 40% against. The results saw cable extend its recent gains by 0.56% to stand at 1.4716 and boosted shares in the main banking groups, those of RBS in particular.To take note of, easyJet also stood to gain in the case of the UK remaining inside the EU given the critical importance for the company of unfettered access to the rest of the Continent.Shares in BP and Royal Dutch Shell were also in favour as cruide oil futures continued to flirt with the psychological $50 a barrel price level. As of 16:12 BST front month Brent futures were up by 1.28% to $49.24 per barrel against the backdrop of data Stateside revealing a large drop in commercial oil inventories in the States.Marks & Spencer was out of fashion as the retailer reported an 18.5% drop in full-year profits. New chief executive Steve Rowe appeared to engage in some canny 'kitchen sinking', warning that the current year's profits will be hit by his plan to turnaround the clothing business. Rowe pushed through a £200m charge on non-underlying items that dragged down profits for 53 weeks to 26 March, with underlying pre-tax profits rising 4.3% to £689.6m on sales up 2.4% to £10.6bn.Calculating that Tesco's sales performance at larger stores was likely to be worse than reported and that margins should be "permanently rebased lower", Credit Suisse has cut its earnings estimates and its target price on the supermarket group. The Swiss broker slashed its target to 115p from 135p but kept its 'underperform' rating.Intertek Group was unloved despite reporting a 2.3% increase in organic sales for the first four month of the year, ahead of estimates from analysts at Shore Capital. The FTSE 100 testing, inspection and certification company´s management said its resource-related business continued to suffer from challenging markets.Taylor Wimpey was also out of favour, alongside a retreat in the likes of Persimmon and Land Securities. In the previous session, two of its directors, Pete Redfern and James Jordan, offloaded a significant amount of shares, the company said in a statement.
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18 Jan 2024 20:32

EXECUTIVE CHANGES: Eco Buildings chair leaves and vice chair ousted

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and not separately reported by Alliance News:

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17 Jan 2024 15:03

London close: Stocks slip after surprise jump in UK inflation

(Sharecast News) - London's financial markets experienced a downturn on Wednesday, as a surprising increase in UK inflation and sluggish Chinese GDP growth impacted investor sentiment.

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17 Jan 2024 12:10

BP's Auchincloss named CEO, reaffirms energy transition plan

Auchincloss was interim CEO

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17 Jan 2024 08:48

LONDON MARKET OPEN: UK inflation surprises markets sending stocks down

(Alliance News) - Stock prices in London took a hit on Wednesday morning, after some hotter-than-expected UK inflation data added to interest rate worries.

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17 Jan 2024 08:33

TOP NEWS: BP buys Getec Energie; promotes Auchincloss to permanent CEO

(Alliance News) - BP PLC on Wednesday said that it will buy Getec Energie GmbH as it promoted Murray Auchincloss to the role of permanent chief executive officer.

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17 Jan 2024 07:46

LONDON BRIEFING: UK inflation surprises as unexpectedly rises to 4.0%

(Alliance News) - Stocks in London are called to open lower on Wednesday, following some hotter-than-expected consumer price data from the UK.

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17 Jan 2024 07:11

BP names acting CEO Murray Auchincloss as permanent leader

(Sharecast News) - BP has named its former chief financial officer Murray Auchincloss as its permanent chief executive, after having served in an interim capacity for the past four months.

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16 Jan 2024 21:28

PRESS: BP close to naming acting CEO Auchincloss as permanent chief

(Alliance News) - Directors of BP PLC were meeting on Tuesday evening to finalise the appointment of Murray Auchincloss, the company's acting chief executive, as its permanent boss, according to a report.

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16 Jan 2024 16:38

Shell halts Red Sea shipments over attack fears from Yemeni rebels

(Alliance News) -London-based oil major Shell PLC has paused transit through the key Red Sea shipping route indefinitely, over fears of escalating tensions involving Yemen's Houthi rebels, according to a media report on Tuesday.

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16 Jan 2024 13:13

Shell in Nigeria

LONDON, Jan 16 (Reuters) - Shell pioneered Nigeria's oil and gas industry and remains a major investor in the West African country even after exiting its onshore operations. But over the decades the British company has come under fire over spills in the Delta region and struggles with oil theft, corruption and oil-fuelled violence.

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12 Jan 2024 15:39

London close: Stocks rise on positive UK economic data

(Sharecast News) - London's financial markets closed on a positive note today, buoyed by fresh data indicating that the UK economy had returned to growth in November.

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8 Jan 2024 19:48

Shell signs 20-year purchase deal with Canadian Ksi Lisims LNG project

Jan 8 (Reuters) - Global gas giant Shell has agreed to buy two million metric tons of liquefied natural gas (LNG) per year from Ksi Lisims LNG, partners in the proposed Canadian project said on Monday.

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8 Jan 2024 16:59

LONDON MARKET CLOSE: Stocks mixed as eyes on US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, with oil majors holding down higher gains in the FTSE 100 index.

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8 Jan 2024 16:38

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

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8 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms in muted start to week

(Alliance News) - Stock prices in London traded lower at the start of the week, with oil firms weighing on then FTSE 100, as investors look ahead to the week's key inflation prints.

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