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Stock Market & Financial Investment News

News Breaks
March 21, 2014
13:20 EDTAPC, BPAnadarko emails demonstrate role in Macondo well incident, Bloomberg reports
According to emails, Anadarko (APC) officials urged BP (BP) to continue drilling deeper into the Macondo well in the Gulf of Mexico, despite BP's hesitation, Bloomberg reports. Reference Link
News For APC;BP From The Last 14 Days
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July 29, 2014
16:32 EDTAPCAnadarko reports Q2 EPS 45c with items, consensus $1.30
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15:57 EDTAPCAnadarko up 1.8% after increasing FY14 sales volume outlook
15:56 EDTAPCAnadarko raises FY14 sales volume view to 299-302 MMBOE
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15:56 EDTAPCAnadarko reports Q2 sales volume 77 MMBOE
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15:53 EDTAPCNotable companies reporting after market close
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13:18 EDTBPEU to hit Russia with new sanctions, Washington Post says
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07:41 EDTBPBP core business performed well in Q2, says Jefferies
Jefferies says BP's core businesses generally performed well in Q2 and that its view of the stock is unchanged following the quarterly results. It keeps a Buy rating on BP shares with a $55 price target.
05:53 EDTBPBP sees Q3 reported production lower than Q2
BP said, "The end of the Abu Dhabi concession in January 2014 together with divestment impacts, however, meant that reported Upstream production, at 2.1 million barrels of oil equivalent a day (mmboed), was 6% lower. Reported production in the third quarter is expected to be lower due primarily to turnaround and seasonal maintenance activities."
05:52 EDTBPBP reports Q2 EPS $1.18, consensus $1.12
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July 28, 2014
07:37 EDTAPCAnadarko price target raised to $134 from $122 at Credit Suisse
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July 23, 2014
07:58 EDTBPBP management to meet with ISI Group
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06:36 EDTBPEU fails to impose tough sanctions on Russia, NY Times says
EU foreign ministers failed to impose any tough sanctions against Russia during a meeting of the bloc's foreign ministers yesterday, according to The New York Times. Given their dependence on Russia's energy, EU countries have "largely decided" they "have to live with" Russia, the newspaper stated. Significant Russian companies include Gazprom (OGZPY), Lukoil (LUKOY) and Yandex (YNDX), while BP (BP) has a 20% stake in major Russian energy company Rosneft. Reference Link
July 22, 2014
06:29 EDTBPEU weighing new sanctions on Russia, NY Times says
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July 21, 2014
08:16 EDTAPC, BPFMC Technologies signs agreement to develop susbsea equipment and systems
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July 18, 2014
12:36 EDTAPCPlug Power said to be on list of companies probed by SEC, Probes Reporter says
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10:03 EDTAPCOn The Fly: Analyst Downgrade Summary
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06:33 EDTBPChinese helping Russia blunt sanctions' impact, NY Times says
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06:01 EDTAPCAnadarko downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded Anadarko to Market Perform citing valuation and expectations for lower crude prices throughout the year. The firm keeps a $107 price target for shares.
July 16, 2014
13:18 EDTBPBP aims to invest $10B in Egypt gas project, Daily News Egypt says
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06:27 EDTBPBP retirement-plan case reintroduced by U.S. court, Reuters says
The 5th U.S. Circuit Court of Appeals in New Orleans brought back a case in which participants in four BP worker retirement savings plans alleged they were tricked into purchasing and holding BP stock before and after the 2010 Deepwater Horizon disaster, according to Reuters, citing comments from BP spokesman Geoff Morrell. Reference Link

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