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Stock Market & Financial Investment News

News Breaks
November 13, 2012
10:34 EDTBPBP confirms settlement of all outstanding disputes with AAR
BP and AAR, joint shareholders in TNK-BP, announced that they have reached a comprehensive agreement to settle all outstanding disputes between them, including the current arbitrations brought by each against the other. The agreement includes an immediate waiver of the new opportunities provision in the TNK-BP shareholder agreement, allowing each party to explore new opportunities and partnerships in Russia and the Ukraine, effective immediately. The parties have agreed to work constructively together with each other and with Rosneft to progress their respective disposals of their shareholdings in TNK-BP.
News For BP From The Last 14 Days
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August 22, 2014
06:39 EDTBPBP drops $9.3B on fuel stations, exploration in Australia, Bloomberg says
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August 11, 2014
07:04 EDTBPBP's risk from Russian sanctions muted, says RBC Capital
RBC Capital said in the unlikely situation that BP were to relinquish its Rosneft stake due to Russian sanctions, the impact would be muted and shares would still offer 15% upside. The firm believe upside potential more than compensates the risk and reiterates its Outperform rating.

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