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Stock Market & Financial Investment News

News Breaks
February 14, 2013
07:33 EDTBP, SOBP warned of threats in Algeria in 2011and 2012, WSJ reports
In 2011 and 2012, well before the recent terrorist attack on a natural-gas facility in Algeria, internal BP (BP) reports cautioned company staff that the killing of Osama bin Laden result in new threats from al Qaeda offshoots in Africa, reports the Wall Street Journal. The reports, seen by the Journal, anticipate the emergence of groups like the one that launched a deadly attack against the plant in In Amenas, Algeria, which BP operates in a joint venture with Algerian state-oil company Sonatrach and Norway's Statoil (STO). BP wouldn't comment.Reference Link
News For BP;SO From The Last 14 Days
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July 30, 2015
10:00 EDTBPOn The Fly: Analyst Upgrade Summary
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08:16 EDTBPBP upgraded to Buy from Hold at Argus
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July 29, 2015
14:12 EDTSOSouthern Company says cash flow will increase as CapEx winds down
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13:48 EDTSOSouthern Company says sees acquisitions, share repurchases as options
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13:26 EDTSOSouthern Company says growth fueled by retail electricity sales
Says renewable projects pursued across entire company. Says Vogtle nuclear units 3,4 on target for 2019-2020. Says Kemper combined-cycle operations running fine. Comments from Q2 earnings conference call.
13:04 EDTBPSaudi Arabia to lower oil production after summer, WSJ reports
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12:59 EDTSOSouthern Company sees Q3 EPS $1.16, consensus $1.13
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07:18 EDTSOSouthern Company reports Q2 kilowatt-hour sales to retail increased 2.2%
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07:17 EDTSOSouthern Company reports Q2 EPS excluding items 71c, consensus 69c
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July 28, 2015
09:18 EDTBPOn The Fly: Pre-market Movers
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05:57 EDTBPBP sees Q3 production to be broadly flat with Q2
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05:57 EDTBPBP reports Q2 production up 0.3% to 2,112 mboe/d
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05:56 EDTBPBP reports Q2 profit ($5.82B) vs. $3.37B last year
Reports Q2 replacement cost profit ($6.27B) vs. $3.18B last year. Reports Q2 underlying replacement cost benefit $1.31B vs. $3.64B last year. Reports Q2 underlying replacement cost profit per ordinary share of $7.17 vs. $19.71 last year. Reports Q2 replacement cost per ADS 43c vs. $1.18 last year.
July 27, 2015
15:03 EDTBPNotable companies reporting before tomorrow's open
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July 22, 2015
06:39 EDTBPEuro, U.S. oil and gas groups to find tough competition in Iran, WSJ says
European and U.S. oil and gas firms drawn to Iran as sanctions lessen can expect not only opportunities, but also Iranian companies offering tough competition or joint ventures, the Wall Street Journal reports. Though no Iran-based companies have the clout of firms such as Exxon Mobil (XOM) or Schlumberger (SLB), companies that can take on engineering tasks are emerging and growing in Iran, the report says. If the Iran nuclear agreement comes into effect and sanctions are lifted against Iran sometime soon, those Iranian companies will be well positioned to compete for tens of billions of dollars worth of service contracts, the report adds. Other publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
06:27 EDTBPBP faces challenges in India, Russia, WSJ reports
BP's oil and gas fields project in India with Reliance Industries, the company's first major project since the Deepwater Horizon spill in 2010, has been stalled, posing global challenges for the oil giant, the Wall Street Journal reports. In addition, political hurdles in Russia and cost-ineffective shale operations in the U.S. have also hurt BP, the report says. Reference Link
July 21, 2015
15:40 EDTSOGeorgia Power receives approval for Albany solar project
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