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Stock Market & Financial Investment News

News Breaks
March 11, 2014
12:11 EDTBP, LYGBP: Currency traders did not engage in inappropriate trading, Reuters reports
Following a media report alleged one of BP's (BP) currency traders received information from a dealer at Lloyds (LYG), the British oil company has fired back by saying that none of its traders engaged in inappropriate trading activity, Reuters reports. "We carried out a detailed investigation into this allegation, including examining communication on messaging systems and phone, and trading activity," a BP spokesman said, adding that "Based on this detailed investigation, we strongly refute any suggestion that any BP FX traders engaged in inappropriate trading activity in this market." Reference Link
News For BP;LYG From The Last 14 Days
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August 29, 2014
09:37 EDTBPActive equity options trading on open
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06:38 EDTBPRising oil supplies pressuring prices, NY Times says
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August 28, 2014
09:34 EDTBPBP confirms refinery 'minimally' affected after fire, AP reports
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07:35 EDTBPBP downgraded to Underweight from Equal Weight at Morgan Stanley
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06:35 EDTLYGEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
August 22, 2014
06:39 EDTBPBP drops $9.3B on fuel stations, exploration in Australia, Bloomberg says
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