BP Share News (BP.)

- Lloyds drops after gloomy outlook.- Hammerson up as NAV rises 7%.- BoE's Fisher thinks outlook is 'incredibly uncertain'.The Footsie opened broadly flat on Friday as a strong rise by Capita and Hammerson managed to offset a fall in the mining and banking sectors following a negative reaction to Lloyds' results. Gains have been extended after strong-than-expected labour and housing data Stateside lifted the Footsie 0.36% higher yesterday."With an improvement in US jobs and housing figures yesterday positive feelings returned to the market with stocks rallying and treasuries making up an early deficit," said broker Jonathan Bristow from Valbury Capital. "Globally news seemed to be flowing nicely towards the final day of the week without having to use the words 'Debt crisis' or 'Euro-zone bailout' which is a relief for those of us out there who have ran out of different ways of reporting that we're up a creek and the paddle is gone," he said.In domestic news, the Bank of England's Markets Director, Paul Fisher, has said he remains open minded to a further round of quantitative easing (QE), or whether they should stop. "We may get surprises, positive or negative, before then which causes us to change our mind, but at the moment I would have a completely open mind going into the next round whether or not we need to (do more)," he said in an interview with City AM. He described the economic outlook as being "incredibly uncertain", adding that he feels,"slightly more comfortable about the inflation outlook than the outlook for growth."LLOYDS TAKES A TUMBLE ON TOUGH OUTLOOKLloyds Banking Group said it expects the external environment to remain challenging this year and has had to delay its return on equity and income-related targets beyond 2014. Meanwhile, the lender reported a steep loss for 2011, dragged down by substantial charges in relation to Payment Protect Insurance (PPI). The statutory pre-tax loss came in at £3,542m, compared with a profit of £281m last year, and includes a £3.2bn non-recurring provision for PPI contact and redress costs. Royal Bank of Scotland was pulling back after a strong rise yesterday on the back of its full-year results. Miners were also out of favour as copper, gold and silver prices nudged lower. Antofagasta, Randgold Resources and Vedanta Resources were among the heavy fallers. Meanwhile, as Glencore and Xstrata wait for regulatory approval on their merger, the miners have assured that they do not expect the combining of the businesses to have a negative impact on competition in the commodity markets in which the two operate. After constructive consultation with the European Commission (EC), the merger will now be notified to the EC under the European Union merger regulation, Glencore announced this morning. Real estate investment trust Hammerson was the high riser early on after saying that it is to sell its offices investments to focus on its retail operations in the UK and France. The change in strategy was announced with the company's 2011 results in which it unveiled a 7.1% increase in adjusted net asset value per share (NAV) on a European Public Real Estate Association (EPRA)-sanctioned basis. Capita was performing well after the outsourcing giant announced yesterday that it expects revenue growth to accelerate in 2012 after a "reasonable" level of growth last year.Meanwhile, oil giant BP edged higher despite apparently experiencing unplanned flaring and a breakdown at its Carson refinery in California. According to Reuters, the state's pollution regulators, the South Coast Air Quality Management District, have said that the 275,000-barrel-per-day refinery in Los Angeles has had a breakdown and flaring is expected to continue until Wednesday next week. Scottish engineering giant Weir, which on Thursday raised its offer to buy Australian mining equipment supplier Ludowici, rose after agreeing to give the Ludowici board more time to consider the bid. Weir has informed Ludowici that its offer will now remain open for acceptance until six hours after a decision from the current sitting Takeovers Panel on the bid from Danish competitor FLSmidth is made publicFTSE 250: BERENDSEN JUMPS WHILE AQUARIUS TANKSTextile services firm Berendsen has reported a rise in both revenue and pre-tax profit for the full year ended December 31st. Profit before tax rose to £79.3m from £34.6m the previous year, while revenue gained 1% from £986.1m to £992m. Shares were up 7%.Heading the other way was miner Aquarius Platinum which said that the Indigenisation Implementation Plan its indirect 50% subsidiary submitted to the government of Zimbabwe in November 2011 has been rejected. Mimosa Holdings had submitted a plan outlining how it would meet the country's law requiring foreign miners to sell 51% of their assets to entities designated by the government. BCFTSE 100 - RisersCapita (CPI) 743.00p +3.48%Hammerson (HMSO) 395.50p +2.54%GKN (GKN) 232.60p +1.88%Man Group (EMG) 131.30p +1.78%ITV (ITV) 78.90p +1.41%RSA Insurance Group (RSA) 108.50p +1.40%Prudential (PRU) 731.00p +1.11%Aviva (AV.) 374.80p +1.08%Old Mutual (OML) 161.80p +1.06%Admiral Group (ADM) 1,061.00p +1.05%FTSE 100 - FallersReckitt Benckiser Group (RB.) 3,394.00p -3.03%Lloyds Banking Group (LLOY) 35.64p -2.56%Unilever (ULVR) 2,037.00p -2.54%Evraz (EVR) 389.60p -2.01%Antofagasta (ANTO) 1,322.00p -1.64%Randgold Resources Ltd. (RRS) 7,400.00p -1.33%Royal Bank of Scotland Group (RBS) 28.38p -1.18%Fresnillo (FRES) 1,867.00p -0.95%Vedanta Resources (VED) 1,422.00p -0.91%Ashmore Group (ASHM) 398.00p -0.80%FTSE 250 - RisersBerendsen (BRSN) 494.20p +6.97%Ophir Energy (OPHR) 392.70p +4.72%Perform Group (PER) 283.20p +3.21%Rightmove (RMV) 1,379.00p +2.91%Homeserve (HSV) 229.80p +2.50%Supergroup (SGP) 575.00p +2.31%Bodycote (BOY) 397.90p +2.21%Brewin Dolphin Holdings (BRW) 154.90p +1.91%RPS Group (RPS) 233.30p +1.79%SIG (SHI) 115.20p +1.77%FTSE 250 - FallersAquarius Platinum Ltd. (AQP) 132.70p -9.17%Kentz Corporation Ltd. (KENZ) 474.20p -2.43%Computacenter (CCC) 402.50p -2.42%Centamin (DI) (CEY) 92.00p -2.23%International Personal Finance (IPF) 219.70p -2.01%Allied Gold Mining (ALD) 117.60p -2.00%Hays (HAS) 85.60p -1.95%easyJet (EZJ) 445.60p -1.92%Barratt Developments (BDEV) 139.50p -1.83%Laird (LRD) 166.90p -1.82%