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Share Price Information for BP (BP.)

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Share Price: 471.00
Bid: 470.40
Ask: 470.60
Change: 0.50 (0.11%)
Spread: 0.20 (0.043%)
Open: 468.40
High: 473.15
Low: 467.30
Prev. Close: 470.50
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Thursday newspaper round-up: Europe banks, SSE, BP

Thu, 13th Oct 2011 06:04

Europe's banks may be asked to accept losses of up to 50% of their holdings in Greek sovereign debt, it emerged yesterday. The call could come after EU leaders gather for a summit on October 23 to forge a once-and-for-all solution to the crisis that has engulfed the eurozone, according to officials in Brussels, the Times reports.Weak European lenders should be barred from paying dividends and bonuses until they move to strengthen their capital buffers, the European Commission's president said yesterday, as he stepped up pressure for co-ordinated action to shore up the banking system ahead of a summit of eurozone leaders this month. Jose Manuel Barroso told the European Parliament that despite "billions of euros in aid and guarantees" since the financial crisis, lenders remained under pressure because of the sovereign debt crisis, the Independent reports.The chief executive of Scottish and Southern has turned on the other 'Big Six' energy suppliers, accusing some rivals of "predatory pricing" that keeps out small competitors. Ian Marchant, who runs the £12.5bn utility company, pledged to stay away from loss-leading tariffs that mean long-term customers are subsidising new ones, says the Telegraph.BP, Transocean and Halliburton, the three companies at the heart of the Deepwater Horizon disaster last year, have been formally charged by the US government with breaches of offshore regulations, in a move that could lead to the first official penalties arising from the accident. The Interior Department's Bureau of Safety and Environmental Enforcement, the new regulator formed at the start of the month from what had been the old Minerals Management Service, said the three companies had between them breached regulations 15 times, the Financial Times reports.When you next book a ticket with Ryanair, you might want to consider how much liquid you drink before you step on board - because there could be quite a queue for the toilets. Or 'toilet', to be more precise. Ever keen to cut costs and raise revenues, the budget airline has announced plans to remove two of the three lavatories from its planes - a move that it believes will allow space for up to six extra seats, the Daily Mail reports.Angry MPs have accused Britain's top Revenue official of misleading parliament following a deal with Goldman Sachs that allowed the US investment bank to avoid more than £10m in tax penalties. Margaret Hodge, chair of the public accounts committee, claimed someone at HM Revenue & Customs had lied to parliament after leaked documents appeared to show that the refusal by Dave Hartnett, permanent secretary for tax at HMRC, to disclose details of the deal was contradicted by advice from his own officials, according to the Guardian.
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8 Mar 2024 10:33

BP pays Auchincloss £8m in 2023, claws back £1.8m from Looney

(Sharecast News) - BP chief executive officer Martin Auchincloss was paid £8m for his services in a particularly prosperous year, it was revealed on Friday, as it managed to claw back a further £1.8m from its former head Bernard Looney.

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4 Mar 2024 15:29

London close: Stocks languish ahead of Wednesday's Budget

(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.

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4 Mar 2024 10:43

Jefferies upgrades BP to 'buy'

(Sharecast News) - Jefferies upgraded BP on Monday to 'buy' from 'hold' and lifted the price target to 570p from 520p.

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4 Mar 2024 08:59

LONDON BROKER RATINGS: Jefferies says buy BP; UBS says buy Compass

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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4 Mar 2024 08:55

LONDON MARKET OPEN: Review cuts Hipgnosis Songs Fund valuation

(Alliance News) - Stock prices in London opened mostly lower on Monday, as investor attention remained primarily on the release of the UK Spring budget on Wednesday.

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4 Mar 2024 07:41

LONDON BRIEFING: Stocks called down; attention on UK's spring budget

(Alliance News) - Stocks in London are called to open lower, ahead of a busy week of economic news.

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22 Feb 2024 09:49

LONDON BROKER RATINGS: Berenberg raises Moneysupermarket.com to 'buy'

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

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15 Feb 2024 16:52

LONDON MARKET CLOSE: Stocks in green despite UK hit by recession

(Alliance News) - Stock prices in London closed higher on Thursday, after data showed that the UK economy slipped into recession in the final quarter of 2023, buoying hopes for interest rate cuts from the Bank of England.

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15 Feb 2024 14:55

London close: Stocks manage gains despite UK recession news

(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.

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15 Feb 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 flat as strong start fades

(Alliance News) - The FTSE 100 tread water on Thursday afternoon, as share price declines for some of London's heavyweights offset a strong start for the index, which got a boost from Bank of England rate cut hopes.

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15 Feb 2024 09:17

BP hails arrival of LNG vessel at project off Senegal and Mauritania

(Alliance News) - BP PLC on Thursday celebrated the arrival of a gas vessel offshore west Africa, which it called a "major milestone" for its project there.

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14 Feb 2024 12:01

BP and Adnoc form gas joint venture in Egypt to boost capabilities

(Alliance News) - BP PLC on Wednesday said it will form a joint venture with Abu Dhabi National Oil Co in Egypt, under which BP will contribute its interests in three development concessions.

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14 Feb 2024 10:27

BP and Adnoc agree Egyptian joint venture

(Sharecast News) - BP has agreed a new joint venture in Egypt with long-standing partner Adnoc, it was confirmed on Wednesday.

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11 Feb 2024 09:27

PRESS: BP to book USD700 million windfall on UK tax changes - FT

(Alliance News) - BP PLC is set to book a USD700 million windfall due to UK tax changes aimed at boosting corporate pension fund investment in the economy, the Financial Times reported on Saturday.

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9 Feb 2024 11:44

LONDON MARKET MIDDAY: European markets quiet heading into afternoon

(Alliance News) - European stock markets were quiet heading into Friday afternoon, as investors eye the annual US consumer price index benchmarks revisions.

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