N AMERICAN MORNING BRIEFING: Stks Seen Up Ahead Of Bernanke
21st Jul 2010 11:34
DJIA Futures 10204.5 +24.5 +0.2% S&P 500 Futures 1084.1 +4.0 +0.4% Nasdaq Futures 1850.6 +10.9 +0.6% Above are as of 0559 ET FTSE 100 5220.2 +80.8 +1.6% Xetra DAX 6050.6 +83.1 +1.4% CAC40 3530.8 +62.8 +1.8% Above are as of 0
Read moreIndia Oil Minister: Interested In Buying BP Assets In Vietnam
21st Jul 2010 11:11
NEW DELHI (Dow Jones)--India is interested in buying BP PLC (BP) assets in Vietnam, Oil Minister Murli Deora told Dow Jones Newswires Wednesday. "We are trying," Deora said over the telephone from Vietnam. He didn't elaborate. BP said Tuesday it has agreed to sell assets in the U.S., Canada
Read moreBEFORE THE BELL -2: US HOT STOCKS TO WATCH
21st Jul 2010 11:01
Among the companies whose shares are expected to actively trade in Wednesday's session are Yahoo Inc. (YHOO), Apple Inc. (AAPL) and Apache Corp. (APA). Yahoo's second-quarter earnings jumped 51%, beating analysts' estimates on improved display advertising and margins, but the Internet heavyweig
Read moreMARKET TALK: BP Asset Sales To Apache Positive - Credit Suisse
21st Jul 2010 10:50
0950 GMT [Dow Jones] BP's (BP.LN) asset sales to Apache (APA) are positive says Credit Suisse. "This transaction should remove concerns on BP's ability to finance its obligations." Apache will pay BP a cash deposit of $5B, notes CS. It estimates a total post-tax cost net to BP for Macondo of $44B o
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
21st Jul 2010 10:50
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0950 GMT [Dow Jones] BP's (BP.LN) asset sales to Apache (APA) are positive says Credit Suisse. "This transaction should remo
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
21st Jul 2010 10:50
0636 GMT [Dow Jones] ASIAN SUMMARY: Regional markets mostly modestly higher after Wall Street gains Tuesday; S&P/ASX +0.2%, HSI +0.8%, Shanghai Composite +0.5%, Kospi +0.7%, Sensex +0.7%, NZX-50 +0.3%; but Nikkei down 0.2%, STI down 0.2%, Taiex down 0.1%. In forex markets, JPY up before Fed Chairman
Read moreMARKET TALK: BP Deal With Apache Positive - Dolmen
21st Jul 2010 10:40
0940 GMT [Dow Jones] The sale of BP's (BP.LN) US, Canada and Egypt assets to Apache Corp (APA) is a positive development, says Dolmen Securities. It marks the beginning of BP's divestment program, which will allow it to position its balance sheet so as to absorb the fallout from the Gulf of Mexico d
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
21st Jul 2010 10:40
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0940 GMT [Dow Jones] The sale of BP's (BP.LN) US, Canada and Egypt assets to Apache Corp (APA) is a positive development, say
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
21st Jul 2010 10:40
0636 GMT [Dow Jones] ASIAN SUMMARY: Regional markets mostly modestly higher after Wall Street gains Tuesday; S&P/ASX +0.2%, HSI +0.8%, Shanghai Composite +0.5%, Kospi +0.7%, Sensex +0.7%, NZX-50 +0.3%; but Nikkei down 0.2%, STI down 0.2%, Taiex down 0.1%. In forex markets, JPY up before Fed Chairman
Read more2nd UPDATE: No BP-Vietnam Talks On Asset Sale; Crude Supply Soon
21st Jul 2010 09:36
(Adds comments from PetroVietnam on possible BP asset sale, background on BP operations) By Vu Trong Khanh Of DOW JONES NEWSWIRES DALAT, Vietnam (Dow Jones)--There have been no talks between BP PLC (BP) and Vietnam Oil and Gas Group, or PetroVietnam, on the sale of BP's assets in Vietnam
Read more$7 Billion Asset Sale To Apache Seen As Good Deal For BP
21st Jul 2010 09:08
By James Herron Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC's (BP) agreement to sell $7 billion of oil and gas assets in North America and Egypt to Apache Corp. (APA) looks like a good deal for the embattled British company that is reeling from the Gulf of Mexico oil spill, said analys
Read moreScottish Justice Secretary Says Had No Communication With BP
21st Jul 2010 09:03
LONDON (Dow Jones)--Scotland's Justice Secretary has denied oil major BP PLC (BP) had any influence on his decision to release the convicted Lockerbie bomber Abdel Baset al-Megrahi, but said "legitimate questions" remained over the U.K. government's dealings with Libya. Speaking on Sky News tele
Read moreLondon open: Bids spur Footsie higher
21st Jul 2010 08:53
Buyers are scrambling to find anything with the slightest chance of being bid for after Reckitt Benckiser snapped up SSL this morning for £2.5bn. Footsie is up by nearly 80 points so far with only Lonmin and Smith & Nephew in red numbers. Reckitt's bid for SSL is a deal that had been rumoured for
Read moreMARKET TALK: BP-Apache Deal At Top End Of Expectations - NCB
21st Jul 2010 08:08
0708 GMT [Dow Jones] The price tag on BP's (BP) sale of assets in North America and Egypt to Apache (APA) is at the top end of expectations, says NCB Stockbrokers analyst Peter Hutton. The $7Bln price equates to $4.50 per barrel of estimated resources, higher than similar deals done by Shell (RDSB.L
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
21st Jul 2010 08:08
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0708 GMT [Dow Jones] The price tag on BP's (BP) sale of assets in North America and Egypt to Apache (APA) is at the top en
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