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Tag Archives: BP PLC

Overnight Market News – February 2, 2010

02-Feb-10

Oil Giant, BP PLC Swings to Profit with Fourth-Quarter Net Income of USD 4.3B Compared with a Loss of USD 3.3B a Year Ago on Higher Oil Prices
Nomura Holdings Inc, Japan’s Biggest Brokerage Posts Third-Quarter Net Income of JPY 10.2B (USD 112mm) Versus Year-Ago Loss of JPY 342.9B as Revenues Surge
Cnooc Ltd, China’s Largest Offshore [...]

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BP PLC Outperforms Rivals

28-Oct-09

Although yesyerday was a good day for oil companies overall, BP PLC outperformed rivals after cost-containment helped its third quarter results to top forecasts. Net profit excluding one-off items and inventory charges fell only 47% to US$4.67B, versus the median analyst prediction of US$3.25B.
Still, the earnings weren’t the only achievement BP announced yesterday. It now [...]

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Overnight Market News – September 2, 2009

02-Sep-09

Wells Fargo & Co Plans to Repay US Government USD 25B in Bailout Funds Shortly, Without Additional Stock Offering
BP Plc Announces “Giant” Oil Find in Gulf of Mexico, Details on Size and Commerciality of the Discovery are Still Undetermined
General Motors Corp’s Reports its China Vehicle Sales in August Jumped 112.7% to 152,365 Units [...]

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Overnight Market News – July 28, 2009

28-Jul-09

Oil Giant, BP Plc Second Quarter Earnings Down 53% to USD 3.14B on Lower Energy Prices
Deutsche Bank Reports 68% Jump in Second Quarter Profit to EUR 1.09B on Trading Gains
Japanese Manufacturer, Hitachi Ltd to Buyout Five of its Subsidiaries for USD 3B to Help Boost Growth
Airbus Owner, EADS Says Six Month Net Profit Declined 6% [...]

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Overnight Market News – June 25, 2009

25-Jun-09

AIG Announces Divestment of 2 Life Insurance Units to Reduce Debt to Federal Reserve Bank of New York by USD 25B, Units Positioned for IPOs
IMF Sees Ireland’s Economy Contracting 13.5% Between 2008 and 2010, Irish Banks Likely to Face Losses of Up to EUR 35B Through 2010
BP Plc Appoints Ericsson CEO Carl-Henric Svanberg as New [...]

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