Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video 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: 511.70
Bid: 511.50
Ask: 511.70
Change: 7.60 (1.51%)
Spread: 0.20 (0.039%)
Open: 506.10
High: 511.70
Low: 505.30
Prev. Close: 504.10
BP. Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

MARKET PULSE-Amicus, Wal-Mart, LogMeIn, InContact, eHealth, Xoom

Fri, 15th Feb 2013 20:21

Feb 15 (Reuters) - Some U.S. stocks on the move on Friday:

WALL ST DECLINES WITH SLIDE IN WAL-MART SHARES

U.S. stocks headed lower in afternoon trading on Friday asWal-Mart shares fell following a Bloomberg report of slowFebruary sales for the retailer.

The Dow Jones industrial average was down 0.31percent, the Standard & Poor's 500 Index down 0.38percent and the Nasdaq Composite Index down 0.03percent.

** AMICUS THERAPEUTICS INC, $2.85, down 26 pct(1509 ET)

The company said additional data from a late-stage trial ofits experimental drug could not determine its ability to breakdown a kind of fat in kidney blood vessels in Fabry diseasepatients.

** WAL-MART STORES INC, $68.80, down 2.8 pct(1516ET)

Bloomberg quoted a mid-level executive's email as saying theworld's largest retailer had the worst sales start to any monthin seven years in February.

** IPG PHOTONICS CORP $62.63, down 10 pct (1230 ET)

The specialized laser maker reported a quarterly profit thatmissed analysts' expectations as margins fell.

** HERBALIFE LTD, $42.48, up 11 pct (1230 ET)

Billionaire investor Carl Icahn said in a regulatory filingthat he owns 14 million shares, or 13 percent, of theweight-loss and vitamin company and signaled that he is ready tohelp put the company in play.

** XOOM CORP, $22.85, up 42 pct (1230 ET)

Shares of the online money transfer company soared in debut.The company offered 6.3 million shares at $16 each.

** ULTRA PETROLEUM CORP, $15.95, down 5 pct (1232ET)

The natural gas producer reported a lower-than-expectedprofit for the fourth quarter on lower natural gas prices andthe company forecast 2013 production below expectations.

** ELLIE MAE INC, $22.07, up 6 pct (1232 ET)

The company, which makes software for the mortgage industry,posted a better-than-expected fourth-quarter profit as revenuesurged 60 percent, and the company guided first-quarter resultswell above Wall Street estimates.

** EHEALTH INC, $19.83, down 21 pct (1232 ET)

The private health insurance exchange forecast 2013 earningsof 61 cents to 71 cents per share on revenue of $168 million to$174 million.

Janney Capital analyst Richard Fetyko said the company couldface disruptions in the market in the fourth quarter of 2013 andthe first quarter of 2014, leading into the implementation ofthe Affordable Care Act.

He said carriers could temporarily pull some plans from themarket in response to guidelines from the Department of Healthand Human Services on the minimum benefits of health plans.

** MILLENNIAL MEDIA INC, $13.96, up 12 pct (1233 ET)

Brokerage Oppenheimer & Co said the company is likely toreport fourth-quarter results at the high end of its forecastciting the company's continued dominance in the mobileadvertising market. Millennial Media is due to report itsfourth-quarter results on Feb. 19.

** TRANSOCEAN LTD, $56.08, down 5 pct (1233 ET)

A federal judge on Thursday accepted a guilty plea by therig contractor for violating the U.S. Clean Water Act along witha $400 million criminal fine for its role in the 2010 disasterat BP Plc's Macondo well.

Deutsche Bank downgraded the company's stock to "sell" from"hold," according to Streetinsider.com.

** QLIK TECHNOLOGIES INC, $26.52, up 16.5 pct (1235ET)

The business software maker's quarterly results beatanalysts' estimates on higher license sales mainly in theAmericas.

At least five brokerages raised the target price on thecompany's stock.

** ON ASSIGNMENT INC, $22.16, down 10 pct (1235 ET)

The staffing company forecast first-quarter earnings in therange of 16 cents to 19 cents per share late on Thursday, wellbelow analysts' expectations of 23 cents per share, according toThomson Reuters I/B/E/S.

** GLEACHER & CO INC, $0.79, down 16 pct (1236ET)

The investment bank said it agreed to sell its mortgagelending unit ClearPoint to Ocwen Financial Corp andended its search for a potential capital infusion or abuyer.

** LOGMEIN INC, $16.86, down 29 pct (1236 ET)

The remote-access software maker forecast first-quarterearnings below analysts' expectations on higher tax rate.

** MEADWESTVACO CORP, $34.85, up 10 pct (1243 ET)

Activist investor Nelson Peltz's Trian Fund Management LPbought about 1.6 million shares of the packaging company, itsaid in a filing on Thursday.

** INCONTACT INC, $7.00, up 15 pct (1237 ET)

The provider of cloud-based contact center solutionsreported fourth-quarter results that beat analysts'expectations, prompting brokerage Roth Capital Partners toupgrade the company's stock to "buy".

Atleast two other brokerages also raised its target price onInContact's stock.

** WABCO HOLDINGS INC, $72.20, up 5 pct (1238 ET)

The maker of braking and suspension systems said sales atits aftermarket business outperformed the global market for busand truck parts in the fourth quarter.

The company said sales at the business grew 9 percent in thequarter ended December, while global production of buses andtrucks fell.

Wabco's aftermarket business sells auto replacement parts torepair shops and fleet operators.

** BURGER KING WORLDWIDE INC, $17.01, up 2.6 pct(1239 ET)

The fast-food chain on Friday reported a 94 percent rise infourth-quarter profit as menu additions drove comparable salesgains in the United States and Canada.

** BEST BUY CO INC $16.47, up 5 percent (1239 ET)

The electronic retailer's shares are bouncing back afternews reports on Wednesday said founder Richard Schulze might notbe making a bid to take the company private, Sanford C.Bernstein analyst Colin McGranahan said.

"There is bullishness in the market about cost cuts andrestructuring that will be announced with the fourth quarternews," he said.

** TRW AUTOMOTIVE HOLDINGS CORP, $61.47, up 2.8 pct(1240 ET)

The auto parts supplier posted a stronger-than-expectedquarterly profit on Friday.

** NATIONAL FINANCIAL PARTNERS CORP $20.20, up 8percent (1241 ET)

The New York-based advisory and brokerage firm reported afourth-quarter profit that topped Wall Street estimates.

** BLACK DIAMOND INC, $7.99, down 4.5 pct (1241 ET)

Brokerage Oppenheimer cut its price target on the stock ofthe action sport equipment supplier to $11 from $12.

The company on Thursday said gross margins in the fourthquarter are expected fall to 36 percent from 39.2 percent lastyear, primarily due to a higher level of discount activity inresponse to a challenging start to the 2012 winter season.

** VF Corp, $158.36, up 4 pct (1242 ET)

The owner of clothing brands like The North Face, Wranglerand Lee, posted a bigger quarterly profit on Friday, as itsflagship brands grew in Asia and other markets, and the companyforecast a strong year ahead.

** GFI GROUP INC, $11.12, up 8 pct (1242 ET)

The brokerage services firm said it will appoint ColinHeffron as chief executive and posted an adjusted loss of 2cents per share for the fourth quarter.

** CBS CORP, $44.09, up 3 pct (1243 ET)

The company reported a 6 percent gain in fourth-quarterprofit on Thursday, boosted by political advertising on its TVnetworks and higher revenue from cable channel fees.

** B&G FOODS INC, $29.96, down 7 pct (1243 ET)

The company reported a fourth-quarter profit that missed analysts' expectations.

** INSIGHT ENTERPRISES INC, $19.42, down 5 pct(1244 ET)

The technology distributor reported a 40 percent drop infourth-quarter profit on Thursday as sales fell in North Americaand the Asia Pacific.

** GENTHERM INC, $15.25, up 5 percent (1244 ET)

The maker of seat systems and cup holders said it would buyall the shares of WET Automotive Systems AG owned byDeutsche Balaton AG, the automotive thermal control andelectronic components maker's largest shareholder.

"The acquisition of the shares by Gentherm is a major stepin completing its acquisition of WET," the company said in astatement.

** KORN/FERRY INTERNATIONAL, $18.98, up 6 pct(1244ET)

Suntrust Robinson Humphrey raised its rating on theexecutive search company to "buy" from "neutral", according toStreetinsider.com.

** ABBVIE INC, $37.47, up 3 pct (1245 ET)

The pharmaceutical company, which was spun off in January byAbbott Laboratories, declared a cash dividend of 40cents per share and authorized a share repurchase program of upto $1.5 billion of its outstanding common stock.

** ARMOUR RESIDENTIAL REIT INC, $6.57, down 2 pct(1245 ET)

Deutsche Bank cut its rating on the real estate investmenttrust to "hold" from "buy", according to Benzinga.com.

** AGILENT TECHNOLOGIES INC, $42.67, down 4.3 pct(1246 ET)

The medical device maker cut its outlook for 2013 afterreporting first-quarter results below analysts' estimates assales of its electronic instruments declined.

**RUTH'S HOSPITALITY GROUP INC, $8.16, up 5 pct(1023 ET)

Ruth's Hospitality reported fourth-quarter adjusted earningscomfortably above Wall Street estimates, helped by higher salesat its Chris Steak House restaurants.

** DATALINK CORP, $9.94, up 7 pct (1246 ET)

The company, which manages servers and networks, reported afourth-quarter profit that missed analysts' expectations.

** DIRECTV, $49.50, down 1.5 pct (1246 ET)

The satellite TV provider warned that Venezuela's recentcurrency devaluation will crimp its results this year and saidit was still considering buying Brazilian telecom operator GVT. (Compiled by Mridhula Raghavan in Bangalore)

More News
5 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks drop on Israel-Iran tensions and Fed talk

(Alliance News) - Stock prices in London were firmly down at midday on Friday, as rising tensions between Israel and Iran alongside doubts around the timing of US interest rate cuts hurt investor sentiment.

Read more
5 Apr 2024 08:47

LONDON MARKET OPEN: Europe slumps on US rate worry and rising tensions

(Alliance News) - Stocks in Europe had a downbeat start to the day on Friday, with investors unnerved by rising geopolitical tensions and hawkish remarks from US central bankers.

Read more
4 Apr 2024 16:55

LONDON MARKET CLOSE: US initial jobless claims hotter than expected

(Alliance News) - Stock prices in London closed up on Thursday, as investors first digested words from US Federal Reserve Chair Jerome Powell overnight, before reacting to hotter-than-expected US initial jobless claims.

Read more
4 Apr 2024 11:58

LONDON MARKET MIDDAY: Stocks up as Fed chair calms some rate nerves

(Alliance News) - Stock prices in London were in the green on Thursday afternoon, with mining stocks powering the FTSE 100 higher, as investors digested words from Federal Reserve Chair Jerome Powell.

Read more
2 Apr 2024 23:07

Sector movers: Builders and REITS slip, geopolitics boost Big Oil and gold miners

(Sharecast News) - Personal Goods was at the bottom of the pile on the FTSE 350 at the start of the second quarter, as fashion retailer Burberry Group's shares fell back towards their five-year lows.

Read more
2 Apr 2024 16:57

LONDON MARKET CLOSE: Europe down after Easter holiday weekend

(Alliance News) - The FTSE 100 took a hit on Tuesday, after a boost from London's miners and oil firms were not enough to lift the index.

Read more
2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

Read more
2 Apr 2024 11:00

Biden administration approves eighth US offshore wind project

WASHINGTON, April 2 (Reuters) - The U.S. Interior Department on Tuesday approved the country's eighth commercial-scale offshore wind project, which will be built off the coast of Massachusetts, bringing online electricity to power more than 900,000 homes.

Read more
2 Apr 2024 09:09

LONDON MARKET OPEN: FTSE 100 up as oil majors and gold miners shine

(Alliance News) - Stock prices in London opened higher on Tuesday, in confident trade following the long Easter weekend, ahead of a UK manufacturing sector reading later in the morning.

Read more
2 Apr 2024 08:55

European oil stocks gain on expectations for higher demand, supply concerns

Read more
28 Mar 2024 10:00

How the oil industry is thriving despite Joe Biden's climate policies

GRAPHIC on Biden's oil boom: https://www.reuters.com/graphics/USA-BIDEN/OIL/lgpdngrgkpo/

By Nichola Groom, Jarrett Renshaw

Read more
27 Mar 2024 20:59

New England offshore wind auction draws multiple bidders

March 27 (Reuters) -

Read more
27 Mar 2024 12:47

Ithaca Energy gets bid rights on Eni's UK assets, profit slips

March 27 (Reuters) - Ithaca Energy has been given a four-week exclusivity period by Italy's Eni, to make an offer for UK exploration and production assets that could expand its output massively, the London-listed company said on Wednesday.

Read more
27 Mar 2024 09:01

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

Read more
27 Mar 2024 08:31

Big Oil's climate planning not good enough, investor group says

Climate Action 100+ assessed 10 top oil companies

*

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.