The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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: 502.30
Bid: 501.70
Ask: 501.80
Change: -2.70 (-0.53%)
Spread: 0.10 (0.02%)
Open: 507.60
High: 510.70
Low: 501.40
Prev. Close: 505.00
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: FTSE 100 buoyant as Next rallies retailers

Wed, 14th Sep 2011 12:12

The volatility continues with the top share index in the blue now after a weak start.In what it confessed has been a difficult year so far, clothing retailer Next saw half-year sales rise 3% to £1,565m from the year before, while profit before tax jumped 8.5% to £228m. Excluding its Ventura arm, Next is guiding to full-year profit before tax of between £545m and £590m. The shares are sharply higher, as are fellow retailers such as Marks & Spencer and Debenhams. "Looking ahead to our full year results, we believe that VAT exclusive NEXT Brand sales for the year will be between 2.0% and 4.5% ahead of last year, which would result in NEXT Group profits being up between +0.4% and +8.7% and EPS up between +7.5% and +16.4%," the group said.Oil giant BP, which has moved to take full control of its Brazilian biofuels mills, buying the remaining half of ethanol mill owner Tropical BioEnergia and a 3% stake in sugar and ethanol producer Companhia Nacional de Açúcar e Álcool (CNAA), is in demand.Property groups British Land and Land Securities, downgraded to sell from hold by Societe Generale on euro debt crisis worries, are among the laggards in the FTSE 100House building and construction group Galliford Try exceeded its profit expectations last year after putting on a spurt in the second half. Underlying profit before tax rose 34% to £35.1m from £26.1m the year before, on revenue that climbed 5% to £1,284m from £1,222m.Also in housebuilding Barratt Developments returned to profit (before exceptional costs) for the full year with a pre-tax return of £42.7m, versus a loss of £33.0m the year before. For the first 11 weeks of the current financial year, the house builder's average net private reservations totalled 183 per week, 10.2% above the same period last year.Strong carbon markets helped coal supplier Hargreaves Services post a sharp rise in profits for the year to 31 May. Underlying pre-tax profits rose to £40.5m from £34.3m on revenues up to £552.3m from £459.8m. Underlying diluted earnings per share rose to 103.7p from 88.8p. Broker Panmure Gordon had predicted a profit of £40m for the year, with earnings per share climbing by 34.1% to 101.4p.Avingtrans, the designer, manufacturer and supplier of critical components and associated services to the energy, medical, industrial and global aerospace sectors, posted a 32% increase in full year earnings and reintroduced a dividend payment. EBITDA increased 32% to £3.3m for the year ended 31 May 2011 from £2.5m in 2010. Turnover increased by 27% to £36.3m. Gross profit margin increased to 29% from 26% the year before. AIM listed integrated wealth management group Brooks Macdonald said underlying pre-tax profit rose 37% to £7.8m in the year ended 30 June 2011. Revenues rose by 29% to £52.2m while statutory pre-tax profits advanced 28% to £7.3m. Total funds under management increased by 36% to £2.969bn. Gold miner Noricum is shining after it reported more positive results from its sampling and reconnaissance work at its Altenburg Valley target in south-central Austria. The company took 92 samples from the valley, which showed values up to 86.4 g/t (grams per tonne), a high grade.Film and TV content distributor Entertainment One, which owns the franchise for the cartoon character Peppa Pig, jumps after confirming speculation that it is considering being bought. FTSE 100 - RisersNext (NXT) 2,494.00p +6.81%Royal Bank of Scotland Group (RBS) 23.22p +6.12%Kingfisher (KGF) 245.10p +4.79%InterContinental Hotels Group (IHG) 1,031.00p +4.51%BP (BP.) 398.25p +4.36%Inmarsat (ISAT) 506.00p +4.07%International Consolidated Airlines Group SA (IAG) 152.40p +4.03%GKN (GKN) 181.90p +3.94%Burberry Group (BRBY) 1,345.00p +3.94%Lloyds Banking Group (LLOY) 32.99p +3.64%FTSE 100 - FallersLand Securities Group (LAND) 659.00p -1.64%British Land Co (BLND) 495.00p -1.30%Imperial Tobacco Group (IMT) 2,035.00p -0.93%Aggreko (AGK) 1,799.00p -0.72%Capita Group (CPI) 702.00p -0.50%Capital Shopping Centres Group (CSCG) 317.70p -0.47%Admiral Group (ADM) 1,265.00p -0.39%ARM Holdings (ARM) 584.50p -0.34%Pearson (PSON) 1,068.00p -0.19%Standard Chartered (STAN) 1,337.50p -0.11%FTSE 250 - RisersBwin.party Digital Entertainment (BPTY) 128.20p +12.46%Debenhams (DEB) 56.85p +8.39%Thomas Cook Group (TCG) 36.61p +8.15%Enterprise Inns (ETI) 37.62p +7.18%Inchcape (INCH) 285.70p +5.39%Perform Group (PER) 215.00p +4.88%Dixons Retail (DXNS) 11.46p +4.66%Ocado Group (OCDO) 119.40p +4.55%Lamprell (LAM) 280.00p +4.52%Carpetright (CPR) 527.00p +4.25%FTSE 250 - FallersKesa Electricals (KESA) 90.15p -3.84%Hansteen Holdings (HSTN) 75.30p -2.14%Rathbone Brothers (RAT) 1,045.00p -1.79%F&C Asset Management (FCAM) 65.55p -1.65%International Public Partnerships Ltd. (INPP) 114.00p -1.64%RPC Group (RPC) 303.50p -1.59%Savills (SVS) 292.20p -1.28%FirstGroup (FGP) 342.10p -1.21%JPMorgan Asian Inv Trust (JAI) 198.40p -1.10%SEGRO (SGRO) 238.70p -1.04%
More News
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.

Read more
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.

Read more
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.

Read more
8 Jan 2024 08:40

LONDON MARKET OPEN: Commodity-heavy FTSE 100 heads lower; Shell slips

(Alliance News) - The FTSE 100 kicked off the week on a downbeat note at Monday's market open, amid share price falls for commodity stocks.

Read more
6 Jan 2024 12:29

BP investors want oil firm to approach BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming the British oil giant's next boss, Sky News reported on Saturday, citing unidentified sources.

Read more
6 Jan 2024 11:38

BP investors want oil behemoth to target BAE chief as CEO- Sky News

Jan 6 (Reuters) - Some of BP's largest shareholders have urged the company to approach Charles Woodburn, the BAE Systems chief executive, about becoming the company's next boss, Sky news reported on Saturday. (Reporting by Devika Nair in Bengaluru; Editing by Jan Harvey)

Read more
4 Jan 2024 16:54

LONDON MARKET CLOSE: Stocks up ahead of US nonfarm payrolls

(Alliance News) - Stock prices in London closed higher on Thursday, as investors eye the latest US non-farms data.

Read more
4 Jan 2024 13:07

London close: Stocks rise as US jobless claims slow

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

Read more
4 Jan 2024 12:09

LONDON MARKET MIDDAY: Retailers Next and JD Sports bookend FTSE 100

(Alliance News) - Stock prices in London were slightly higher at midday on Thursday, with the FTSE 100 looking set to snap the two-day losing streak it suffered at the start of the year.

Read more
4 Jan 2024 09:31

LONDON BROKER RATINGS: Jefferies cuts Tullow; Berenberg likes Volex

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
4 Jan 2024 08:58

LONDON MARKET OPEN: Next leads buoyant FTSE 100 amid services PMIs

(Alliance News) - Stock prices in London opened up on Thursday, amid a slew of services PMI data, including for the UK, while reacting to the latest data from China.

Read more
3 Jan 2024 18:37

Equinor, BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

Read more
3 Jan 2024 17:02

Equinor and BP cancel contract to sell offshore wind power to New York

Jan 3 (Reuters) - Equinor and BP terminated on Wednesday their agreement to sell power to New York state from their 1,260-megawatt Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowing costs, and supply chain issues.

Read more
3 Jan 2024 16:52

LONDON MARKET CLOSE: Stocks down ahead of US Fed minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors nervously look ahead to the latest US Federal Reserve meeting minutes.

Read more
3 Jan 2024 08:18

Chill Brands plots product launches and looks to ease regulatory worry

(Alliance News) - Chill Brands Group PLC on Wednesday said its vape products will soon launch in retail stores, including WH Smith PLC travel locations, and it reported a trio of initiatives to help soothe regulatory scrutiny.

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.