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Share Price Information for BP (BP.)

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Share Price: 500.50
Bid: 499.75
Ask: 499.90
Change: -3.20 (-0.64%)
Spread: 0.15 (0.03%)
Open: 498.00
High: 500.50
Low: 490.65
Prev. Close: 503.70
BP. Live PriceLast checked at -

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US HOT STOCKS: FedEx, Noah Education, Onyx Pharma, BP

Mon, 26th Jul 2010 15:01

U.S. stocks traded higher Monday, as the Dow Jones Industrial Average edged up 11 points to 10436, the S&P 500 grew 1.4 points to 1104 and the Nasdaq Composite increased 1.1 points to 2271. Among the companies whose shares are actively trading in the session are FedEx Corp. (FDX), Noah Education Holdings Ltd. (NED) and Onyx Pharmaceuticals Inc. (ONXX). FedEx ($82.52, +$3.56, +4.51%) boosted its earnings predictions for the fiscal first quarter and rest of the year, with the shipping giant saying express and ground volumes have been higher than it anticipated. Rival United Parcel Service Inc. (UPS, $64.37, +$0.70, +1.10%) also traded higher. Noah Education ($2.73, -$0.69, -20.18%), a maker of education electronic devices in China, projected fiscal fourth-quarter revenue less than half of what it had called for in May, blaming distribution woes. Onyx Pharmaceuticals ($24.00, +$2.50, +11.63%) reported positive results from a midstage study of its proteasome inhibitor carfilzomib, used to treat multiple myeloma. As a result, the drug company expects to submit a new-drug application by year's end for "potential accelerated approval" from the U.S. Food and Drug Administration. The board of BP PLC (BP, $37.89, +$1.03, +2.79%) is negotiating the departure of its embattled chief executive, Tony Hayward, people familiar with the matter told The Wall Street Journal, a bid by the U.K. oil titan to move beyond the Gulf of Mexico disaster that has undercut his three-year effort to remake the company. BP said Monday that no decisions have yet been made on the future of Hayward or the final charge the company will book for the Gulf of Mexico oil spill in its second quarter results Tuesday. Alberto-Culver Co.'s (ACV, $30.93, +$1.53, +5.20%) fiscal third-quarter earnings jumped 69% amid a dispute-related gain as the personal-care and household products company continued to see sales growth for its hair-care products and commodity costs decline. The results beat analysts' expectations. Other Stocks In Focus A.H. Belo Corp. (AHC, $7.42, +$0.21, +2.91%) came close to posting a second-quarter profit as the newspaper publisher had its smallest revenue decline in more than two years. Advanced Micro Devices Inc. (AMD, $7.71, -$0.11, -1.41%) launched a tender offer for up to $800 milion of debt and concurrently said the chip maker plans to sell $500 million of longer-term notes in order to help fund the buyback. Wells Fargo cut its rating on American Medical Systems Holdings Inc. (AMMD, $22.20, -$0.69, -3.01%) to market perform from outperform, saying the stock is now fairly valued. The firm added there is some risk that the health products and services company's women's health business slows given results from some of its competitors. Anadarko Petroleum Corp. (APC, $49.33, +$0.56, +1.15%) said Monday that it has made a significant discovery offshore Ghana. The discovery well at the Owo prospect in the Deepwater Tano Block encountered approximately 174 net feet of high-quality oil pay, with the oil appearing to be light crude of between 33 and 36 degrees of American Petroluem Institute gravity, the energy company said in a statement. Cal-Maine Foods Inc.'s (CALM, $32.75, +$3.06, +10.31%) fiscal fourth-quarter earnings more than doubled, beating analysts' estimates, amid higher average selling prices and lower feed costs. But the egg producer reduced its quarterly dividend to 29 cents from a 48-cent payout in the previous period as Chairman and Chief Executive Fred Adams Jr. said feed costs are expected to be "relatively high and volatile" next year. Goldman Sachs added Chico's FAS Inc. (CHS, $9.78, -$0.46, -4.49%) to its conviction sell list, saying it sees the retailer's shares vulnerable to high expectations and a sharper-than-expected deceleration in momentum. Delta Petroleum Corp. (DPTR, $0.96, +$0.16, +20.00%) agreed to sell some non-core assets in Colorado, Wyoming, Nebraska and Texas to privately held Wapiti Oil & Gas LLC for $130 million as the energy company continues its effort to reduce its debt and shifts its focus to its Vega properties in Colorado. (MORE TO FOLLOW) Dow Jones Newswires July 26, 2010 10:01 ET (14:01 GMT)
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Today 13:19

Middle East Crude-Benchmarks fall, snapping two-day streak

SINGAPORE, May 8 (Reuters) - Middle East crude benchmarks Dubai, Oman and Murban fell on Wednesday after rising for consecutive days after Saudi Aramco and ADNOC raised official selling prices (OSPs) for term supplies in June.

Today 13:06

BP softens tone on 2030 oil output cut to reassure investors

LONDON, May 8 (Reuters) - BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals.

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7 May 2024 17:30

UK's FTSE 100 notches record closing high in broad rally

FTSE 100 up 1.2%, FTSE 250 adds 1.2%

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7 May 2024 16:32

London close: Stocks jump on return from long weekend

(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.

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7 May 2024 16:08

BP profit slides by 40% as refinery outage offsets higher output

First-quarter underlying profit $2.7 bln vs forecast $2.87 bln

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7 May 2024 12:00

LONDON MARKET MIDDAY: Stocks buoyed by local data, strong US equities

(Alliance News) - Stock prices in London were up at midday on Tuesday, boosted by positive local economic data and tracking European equities that were buoyed by strong US stocks performance on Monday.

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7 May 2024 09:09

LONDON MARKET OPEN: Stocks track global equities rise while BP falls

(Alliance News) - Stock prices in London opened up on Tuesday, tracking European markets in reaction to New York stocks extending their rally on weaker US jobs data, while markets reopened in London after a bank holiday on Monday.

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7 May 2024 08:51

TOP NEWS: BP keeps up pace of share buybacks despite profit decline

(Alliance News) - BP PLC on Tuesday launched a fresh share buyback, despite a drop in first-quarter profit due to lower oil and gas prices and weaker fuels margins.

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7 May 2024 07:02

BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins

(Sharecast News) - BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and "significantly weaker" fuels margins as it also started a $1.75bn share buyback.

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6 May 2024 15:01

Shell to exit South Africa's downstream businesses

CAPE TOWN, May 6 (Reuters) - Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday.

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3 May 2024 13:47

British regulator awards more North Sea oil and gas licences

NSTA awards 31 new licences aimed at boosting output

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2 May 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 shines but "mixed feelings" after Fed

(Alliance News) - London's FTSE 100 was solidly higher on Thursday, outperforming European peers, as earnings from the likes of Shell and Standard Chartered impressed.

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1 May 2024 18:30

Sector movers: Oil, Autos drag on FTSE 350

(Sharecast News) - Weakness in the oil patch and among select cyclicals dragged on the FTSE 350 in the middle of the week.

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30 Apr 2024 14:38

UK earnings, trading statements calendar - next 7 days

Wednesday 1 May 
Anexo Group PLCFull Year Results
Cambridge Cognition Holdings PLCFull Year Results
Computacenter PLCTrading Statement
Georgia Capital PLCQ1 Results
GSK PLCQ1 Results
Haleon PLCTrading Statement
HSS Hire Group PLCFull Year Results
Intelligent Ultrasound Group PLCFull Year Results
Maintel Holdings PLCFull Year Results
Next PLCTrading Statement
Smith & Nephew PLCTrading Statement
Thursday 2 May 
Endeavour Mining PLCQ1 Results
First Tin PLCTrading Statement
Hiscox LtdTrading Statement
International Personal Finance PLCTrading Statement
Kerry Group PLCTrading Statement
Lancashire Holdings LtdTrading Statement
Melrose Industries PLCTrading Statement
NAHL Group PLCFull Year Results
Reach PLCTrading Statement
Shell PLCQ1 Results
Smiths News PLCHalf Year Results
Smurfit Kappa Group PLCTrading Statement
Spectris PLCTrading Statement
Standard Chartered PLCQ1 Results
TI Fluid Systems PLCQ1 Results
Friday 3 May 
InterContinental Hotels Group PLCTrading Statement
Mondi PLCTrading Statement
Trainline PLCFull Year Results
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Arecor Therapeutics PLCFull Year Results
BP PLCQ1 Results
Ebiquity PLCFull Year Results
IWG PLCTrading Statement
Kosmos Energy LtdQ1 Results
MaxCyte IncQ1 Results
Trident Royalties PLCTrading Statement
Vaalco Energy IncQ1 Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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29 Apr 2024 14:21

Norway's wealth fund falls short on climate ambitions, NGO says

OSLO, April 29 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, the world's largest, is falling short on its climate ambitions by failing to back multiple shareholder proposals pushing oil companies to cut their greenhouse gas emissions, a non-governmental organization said in a report said on Monday.

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