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Stock Market & Financial Investment News

News Breaks
February 5, 2013
06:03 EDTBPBP sees $2B-$3B of divestments on average per annum
BP said disposal proceeds were $6.8B for Q4. Excluding the agreed sale of the company's 50% interest in TNK-BP to Rosneft, BP said it has now announced disposals for a total of $38B since the beginning of 2010, reaching its target a year earlier than expected. Looking forward, BP expects to make divestments of between $2B-$3B on average per annum on an ongoing basis.
News For BP From The Last 14 Days
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October 5, 2015
14:44 EDTBPBP management to meet with JPMorgan
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11:35 EDTBPBP edges 50-day moving average
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11:27 EDTBPU.S., five Gulf states reach settlement with BP; total resolution worth $20.8B
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October 2, 2015
06:28 EDTBPBP in talks over deal with Iran, the Times reports
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October 1, 2015
09:35 EDTBPActive equity options trading on open
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September 28, 2015
10:00 EDTBPOn The Fly: Analyst Initiation Summary
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08:03 EDTBPBP initiated with an Outperform at BMO Capital
06:20 EDTBPBP not concerned over hostile takeover due to Macondo disclaimer, Bloomberg says
BP, which is allegedly readying defenses for potential acquisition offers, isn't concerned about a hostile takeover because of a disclaimer in its Macondo spill settlement that could put $12.6B onto the price tag, Bloomberg reports. A potential buyer may have to accelerate the payment of as much as two-thirds of the $18.7B in penalties BP agreed to pay the U.S. and several states, the report says, citing company filings. An option that provides the government and certain states the power to demand faster payment in a takeover basically hands them a veto over any deal, the report says. Reference Link
September 24, 2015
06:20 EDTBPBP management to meet with Jefferies
Meetings to be held in Chicago/Kansas City/Minneapolis September 29- October 1 hosted by Jefferies.
September 22, 2015
13:13 EDTBPBP initiated with a Neutral at Macquarie

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