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Pin to quick picksBP Share News (BP.)

Share Price Information for BP (BP.)

London Stock Exchange
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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 -

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FTSE 100 movers: Tesco leads after broker retains buy rating

Thu, 03rd Oct 2013 14:59

In a research note issued this afternoon, analysts at Shore Capital have decided to retain their "buy" stance on shares of supermarket Tesco, despite the company's extremely poor results in Europe. What the broker most wants out of the firm are more cautious - and realistically achievable - forecasts. "Bruised but not battered, we retain our "buy" stance," they said. Shares of the company are now at the top of the leader-board following the large falls seen throughout the past two weeks. This "positive" endorsement comes on the heels of some mixed market commentary on the stock today, although analysts at Citi and the Financial Times's Lex column also seem to be relatively sanguine.Consumer goods giant Unilever was also heading north; the group earlier this week issued a profit warning, sending shares plummeting. The group, which owns brands such as Dove and Persil, revealed that it has experienced weakening in the market growth of many emerging countries during the third quarter and as such expected underlying sales growth of 3-3.5% for the three-month period compared to the 5.0% seen in the previous two quarters. BP shares also got a boost. The British oil major announced the decision by the US appeals court to halt some payments related to claims over the giant oil spill in the Gulf of Mexico back in 2010. Deutsche Bank analysts were quoted in the FT as saying that this was "clearly a welcome development for BP with the District Court seemingly now being required to issue a narrower injunction which will limit payments to those suffering actual losses from the spill and in doing so stem some of the more egregious claims seemingly being made under the PSC [Plaintiffs' Steering Committee] settlement".Vodafone was also a strong riser after the group announced its Chief Financial Officer is set to depart the telecoms company once the sale of Verizon Wireless has completed. Andy Halford will be replaced by Nick Read, who currently heads up the company's Africa, Middle East and the Asia Pacific region operations. Meanwhile, product testing group Intertek fell today; the group said this morning that it had paid £45m to buy Global X-Ray & Testing Corporation (GXT), a US company that provides testing services to customers in the US oil and gas industry.Sports Direct International was in the red after its Chief Executive Dave Forsey and Finance Director Bob Mellors each netted £6.4m after selling shares from a bonus plan.Falling metal prices dampened the share prices of the miners today with Vedanta, Randgold Resources, Fresnillo, and Anglo American all registering losses. FTSE 100 - RisersTesco (TSCO) 365.95p +2.22%Unilever (ULVR) 2,359.00p +1.72%BP (BP.) 439.35p +1.63%Aviva (AV.) 414.00p +1.60%Whitbread (WTB) 3,003.00p +1.56%GlaxoSmithKline (GSK) 1,570.50p +1.55%Vodafone Group (VOD) 222.20p +1.48%Aberdeen Asset Management (ADN) 379.30p +1.42%ITV (ITV) 176.90p +1.26%BAE Systems (BA.) 453.80p +1.23%FTSE 100 - FallersVedanta Resources (VED) 1,069.00p -1.93%Intertek Group (ITRK) 3,204.00p -1.90%Sports Direct International (SPD) 695.50p -1.83%Fresnillo (FRES) 918.50p -1.76%Randgold Resources Ltd. (RRS) 4,328.00p -1.55%International Consolidated Airlines Group SA (CDI) (IAG) 340.90p -1.47%Antofagasta (ANTO) 812.50p -1.40%Smiths Group (SMIN) 1,364.00p -1.30%Anglo American (AAL) 1,483.00p -1.30%Wolseley (WOS) 3,208.00p -1.29%NR
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6 Feb 2024 12:10

LONDON MARKET MIDDAY: BP tops FTSE 100 index on buyback promise

(Alliance News) - The FTSE 100 was higher at midday Tuesday, despite lingering unease in equity markets on US interest rate worries, while BP led the way among London's large-caps as it announced a buyback plan.

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6 Feb 2024 09:04

TOP NEWS: BP promises buybacks and hikes dividend despite profit fall

(Alliance News) - BP PLC on Tuesday reaffirmed it is sticking to its commitment to share buybacks despite reporting a profit decline amid a fall in oil prices.

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6 Feb 2024 08:53

LONDON MARKET OPEN: BP jumps after unveiling share buyback

(Alliance News) - The FTSE 100 in London opened higher on Tuesday, with oil major BP at the top of the index, thanks to its new share buyback programme.

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6 Feb 2024 07:47

LONDON BRIEFING: BP promises buyback despite drop in profit

(Alliance News) - Stocks in London are called to open higher, ahead of a slew of construction purchasing managers' index readings from the eurozone, the UK and Germany.

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6 Feb 2024 07:02

BP unveils $1.75bn buyback as 2023 profits halve on weaker oil price

(Sharecast News) - Shares in BP surged on Tuesday as the energy giant announced a $1.75bn share buyback despite a slump in annual profits as oil prices fell during 2023 from the spike caused by Russia's invasion of Ukraine.

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2 Feb 2024 17:12

LONDON MARKET CLOSE: Stocks mixed as US jobs data dashes rate cut hope

(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.

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2 Feb 2024 13:14

BP appoints Kate Thomson as its permanent finance chief

(Sharecast News) - BP announced the appointment of Kate Thomson as its new, permanent chief financial officer on Friday, effective immediately.

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2 Feb 2024 12:27

TOP NEWS: BP promotes Kate Thomson as permanent finance chief

(Alliance News) - BP PLC on Friday named Kate Thomson as its permanent chief financial officer, after being in the interim role since September.

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2 Feb 2024 12:09

LONDON MARKET MIDDAY: Airlines up but oil falls on Middle East talks

(Alliance News) - Stock prices in London were higher at midday Friday, ahead of the afternoon's US jobs data, as earnings from tech behemoths overnight lifted investor morale.

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2 Feb 2024 08:54

LONDON MARKET OPEN: European stocks lifted on Wall Street's gains

(Alliance News) - Stock prices in London opened higher on Friday, closing of a busy week of monetary policy decisions.

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1 Feb 2024 17:03

LONDON MARKET CLOSE: Stocks down on hawkish BoE interest rates hold

(Alliance News) - Stock prices in London closed down on Thursday after the Bank of England left interest rates on hold in a split decision that was hawkish on expectations of rate cuts.

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1 Feb 2024 12:22

LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision

(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.

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1 Feb 2024 10:06

New UK oil and gas exploration licences approved in the North Sea

(Alliance News) - The UK's oil and gas regulator has awarded 24 new exploration licences to 17 separate companies in a move that has been welcomed by a trade body but condemned by climate campaigners.

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1 Feb 2024 08:50

LONDON MARKET OPEN: Shells begins USD3.5 billion buyback; eyes on BoE

(Alliance News) - Stock prices in London opened mixed, ahead of the Bank of England's first interest rate decision of the year.

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30 Jan 2024 15:28

UK earnings, trading statements calendar - next 7 days

Wednesday 31 January 
Aberforth Smaller Companies Trust PLCFull Year Results
abrdn Private Equity Opportunities Trust PLCFull Year Results
Ecora Resources PLCTrading Statement
GSK PLCFull Year Results
ITM Power PLCHalf Year Results
NWF Group PLCHalf Year Results
Thursday 1 February 
Airtel Africa PLCTrading Statement
AG Barr PLCTrading Statement
BT Group PLCTrading Statement
Cranswick PLCTrading Statement
Gem Diamonds LtdTrading Statement
Glencore PLCTrading Statement
JTC PLCTrading Statement
Rank Group PLCHalf Year Results
Shell PLCFull Year Results
TClarke PLCTrading Statement
Friday 2 February 
YouGov PLCTrading Statement
Monday 5 February 
Home REIT PLCTrading Statement
Porvair PLCFull Year Results
Trident Royalties PLCTrading Statement
Vodafone Group PLCTrading Statement
Tuesday 6 February 
Alumasc Group PLCHalf Year Results
BP PLCFull Year Results
Filtronic PLCHalf Year Results
Mattioli Woods PLCHalf Year Results
Renishaw PLCHalf Year Results
Virgin Money UK PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
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