Stocks and Finance

BP

BP 2/8/2012

03:05 : BP cut to hold from buy at Societe Generale - MADRID (MarketWatch) -- BP PLC was downgraded to hold from buy on Wednesday at Societe Generale, which cited legal uncertainty as the reason for the cut. The analysts cut their target price to 550 pence from 535 pence. ...

Source : marketwatch-com

00:55 : U.K. Shop Price Index (January) - INSIDE THE REPORT Stock recommendations and price targets from top brokerage firms Analysis and views on Bristol Pound and BP Q4 Profits List of companies earnings which hit and miss the analysts’ expectations Economic Events Scheduled on 8 ...

Source : fxstreet-com

BP 2/7/2012

20:18 : 24/7 Wall St. Closing Bell (SIRI, IBM, AZN, URBN, ZOLT, YUM, MT, BP, KO, ... - by Michael Carr, CMT Long before the internet provided real-time stock quotes and online brokers offered instant fills, Nicolas Darvas managed to grow a $36,000 investment into more than $2.25 million in a three-year period. While on a worldwide dance ...

Source : 247wallst-com

12:38 : BP approves Mad Dog Phase 2 in Gulf of Mexico - LONDON (Reuters) - BP said it had approved a plan to develop a "major new gas field" in the Gulf of Mexico, the latest sign the British oil group is getting back to business in the area after its...

Source : reuters-com

11:59 : Summary Box: BP hikes dividend after strong 4Q - PAYING DIVIDENDS: BP PLC raised its quarterly dividend by 14 percent after posting double-digit gains in profit and revenue in the last three months of 2011....

Source : usnews-com

11:56 : 3 Half-Full or Half-Empty Battles BP Is Still Fighting - NEW YORK (TheStreet) --BP is doing many things right in trying to put the Macondo oil spill behind it, but some of the decisions made by the company continue to send mixed signals to investors. Three examples from Tuesday's fourth-quarter earnings report ...

Source : thestreet-com

11:41 : BP's Post-Macondo Reality: Rising Profits On Falling Production - British oil giant BP posted fourth quarter earnings before the bell on Tuesday. The company saw profits surge despite falling production and weak downstream operations, and is still dealing with the aftermath of the fatal Gulf of Mexico ...

Source : forbes-com

11:06 : BP Announces Earnings - BP (BP) announced on Tuesday that it earned a profit of $7.69 billion, 38 percent higher than the $5.57 billion profit in the same period last year. Revenue increased by 15 percent to $96.3 billion. The company also said that payments to the ...

Source : forbes-com

10:07 : Anadarko up, BP falls as energy stocks dip - NEW YORK (MarketWatch) -- Andarko Petroleum Corp. rose 2% on Tuesday after the oil and gas producer's better-than-expected profit, while energy stocks cooled off. BP PLC dropped 1.8% despite a 14% hike in its quarterly dividend. ...

Source : marketwatch-com

09:06 : BP: a great stock for value investors - Nearly two years after the Deepwater Horizon disaster, BP is starting to recover. It’s generating plenty of cash and makes more money per barrel of oil than ever before. What's more, it's cheap, says Phil Oakley.

Source : moneyweek-com

08:28 : BP would settle Gulf spill, but not at any cost - BP would prefer to reach an out of court settlement with the U.S. Department of Justice than battle over the size of fines for years to come, the company’s chief executive said Tuesday.

Source : marketwatch-com

05:43 : BP Raises Dividend on Profit Increase - BP raised its dividend for the first time since it resumed payouts in the wake of the Deepwater Horizon tragedy, as the U.K. energy giant reported earnings that beat expectations.

Source : wsj-com

04:39 : BP Reports Stronger Q4 Earnings in 2011 - The British oil company also reiterated its desire for a "fair and reasonable" settlement ahead of a trial on liability for the 2010 Gulf of Mexico oil spill.

Source : nytimes-com

04:33 : BP (BP): Q4 EPS of $2.41 may not be comparable to consensus of $0.26; ... - BP (BP): Q4 EPS of $2.41 may not be comparable to consensus of $0.26; revenues of $96.34B (+14.7% Y/Y) may not compare to consensus of $108.02B. Confirms forecast that 2014 net cash flow, with oil at $100, will be around 50% higher than in 2011. ...

Source : seekingalpha-com

04:17 : BP hikes dividend after strong fourth quarter - LONDON (AP) -- BP PLC has raised its quarterly dividend by 14 percent after posting double-digit gains in profit and revenue in the last three months of 2011 despite further big payments to compensate for a disastrous oil spill in the Gulf of ...

Source : usnews-com

03:26 : BP Upgrades Dividend For 1st Time Since Spill, Beats Earnings Expectations - BP PLC (BP) Tuesday posted a 14% rise in adjusted net profit for the fourth quarter and said it would raise its dividend after beating analyst expectations.

Source : foxbusiness-com

02:54 : BP preparing 'vigorously' for oil spill lawsuits - LONDON (Reuters) - BP said it was preparing "vigorously" for lawsuits related to its Gulf of Mexico oil spill, which are due to start later this month, as it unveiled a rise in fourth quarter earnings on the back of higher Oil ...

Source : reuters-com

BP 2/6/2012

18:36 : US Light Products: Midwest Gasoline Discounts Widen On BP's FCCU Restart - Midwest spot gasoline pricing discounts widened on Monday amid news on the restart of a key gasoline-making unit at BP's (BP, BP.LN) refinery in Whiting, Ind.

Source : foxbusiness-com

15:44 : Don't Look Now, BP Best Performing Big Oil Stock - #xD; #xD; NEW YORK (TheStreet) - Big Oil stocks have been stuck in place to start 2012, with big earnings getting a big yawn from investors. BP, though, is up 9% ahead of its quarterly report on Tuesday, and the company isn't out of stock catalysts ...

Source : thestreet-com

14:30 : Top Earnings Previews For Tuesday (NLY, BP, BWLD, CERN, CHD, KO, EMR, ... - Italian and French government bonds reversed earlier declines to trade modestly higher, although the market was cautious amid a deadlock over a new rescue package for cash-strapped Greece.

Source : 247wallst-com

BP 2/3/2012

18:07 : US Light Products: Midwest Gasoline Discounts Narrow On BP Refinery Snag - Midwest spot gasoline pricing discounts narrowed on Friday after news of the unplanned shutdown of a key gasoline-making unit at BP's (BP, BP.LN) refinery in Whiting, Ind.

Source : foxbusiness-com

15:39 : Ex-BP Safety Chairman Castell To Quit Board - The BP PLC (BP.LN, BP) director who became a lightning rod for investor criticism of the company's handling of the Gulf of Mexico oil spill has indicated he will step down from his post.

Source : foxbusiness-com

BP 2/2/2012

15:02 : Opflex Becomes a Part of Italy's Costa Concordia Solution - PORTO GIGLIO, ITALY--(Marketwire - Feb 2, 2012) - From his home base on Cape Cod, Opflex Solutions' CEO Scott C. Smith saw the wreck of the Costa Concordia on TV along with the rest of the world. His personal knowledge of what happens in marine disasters ...

Source : marketwire-com

03:20 : S Korea Won Up Late, Hits 11-Week High On U.S. Data; Bonds Down - Close Change USD/KRW 1,118.40 -7.90 JPY/KRW 14.6887 -0.0863 3-Year Treasurys 3.38% +1 bp 5-Year Treasurys 3.49% +1 bp 10-Year Treasurys 3.77% +1 bp 20-Year Treasurys 3.92% +1 bp

Source : foxbusiness-com

BP 2/1/2012

03:58 : Is Deepwater Horizon the New Ecuador? - Nearly two years after the worst accidental offshore oil spill in the history of the energy industry, some of the biggest companies in the world are busy pointing their legal fingers at one another in court over who has to pay what in claims, damages ...

Source : fxstreet-com

03:54 : Europe up, led by oil stocks, Infineon, ICAP - MADRID (MarketWatch) -- European stock markets opened higher on Wednesday, with banks and oil stocks leading gains as investors await euro-zone manufacturing data due later. The Stoxx Europe 600 index rose 0.5% to 255.73, with Energy Stocks|energy ...

Source : marketwatch-com

BP 1/31/2012

14:43 : Heavy action in BP call options with earnings on the horizon - BP - BP PLC – Far out-of-the-money call options on BP saw heavier-than-usual activity on Tuesday afternoon, with shares in the oil company trading up 1.3% at $44.70 as of 12:30 p.m. in New York. Fresh prints in March expiry ...

Source : fxstreet-com

BP 1/30/2012

14:04 : BP Shuts North Sea Field After Pipe Leak Found - Production at a BP PLC (BP.LN)-run oil and gas field in the North Sea has been halted after a leak was discovered in an underwater connecting pipeline, the U.K. energy giant said Monday.

Source : foxbusiness-com

12:56 : BP: Foinaven Field Shut-In After Pipeline Leak Discovered - Production at a BP PLC (BP.LN)-run oil and gas field in the North Sea has been halted after a hairline crack was discovered in an underwater connecting pipeline, the U.K. energy giant said Monday.

Source : foxbusiness-com

10:32 : No Impact On BP Rating From Transocean Ruling - Moody's - A Louisiana court ruling that BP (BP.LN) has to indemnify Transocean (RIG) against damages claims from individuals and businesses affected by the Gulf of Mexico oil spill doesn't affect Moody's rating of the U.K. ...

Source : foxbusiness-com