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Tag Archives: BP PLC

Overnight Market News – July 27, 2010

27-Jul-10

BP Plc Posts Record Q02 2010 Net Loss of USD 17.2B Versus USD 4.39B Net Profit a Year Earlier on Hefty Oil Spill Charges Deutsche Bank AG’s Q02 2010 Net Profit Rises to EUR 1.2B from EUR 1.1B on Gains in Transaction Banking and Asset Management UBS AG Beats Estimates with Q03 2010 Net Income [...]

Overnight Market News – June 17, 2010

17-Jun-10

Swiss Legislators Approve Law For Government to Hand Over Names of US Tax Evaders to the Internal Revenue Service (IRS) in UBS AG Tax Case UK Retail Sales Increases More Than Expected in May Ahead of Soccer World Cup, Rising 0.6% on Higher Sales of Electrical-Goods and Food BP Plc to Set up USD 20B [...]

Overnight Market News – March 11, 2010

11-Mar-10

British Oil Giant, BP PLC to Acquire Devon Energy Corp’s Brazilian Assets for USD 7B Japanese Officials Downwardly Revise Fourth Quarter GDP Figures, Report Economy Grew at an Annualized 3.8% Compared with Initial Reading of 4.6% Chinese Consumer Prices Climb to 16-Month High in February, Rising 2.7% from 1.5% in January US Foreclosures Fall 2.3% [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]