BP PLC
Europe stocks open higher amid earnings deluge; autos gain on tariff hopes
European stock markets opened higher on Wednesday, as investors pored through another slew of earnings along with euro zone economic growth data. The Stoxx 600 index was up 0.44% at 8:08 a.m. in London after notching a sixth straight positive session on Tuesday, extending its longest winning streak since January. The U.K.’s FTSE 100 meanwhile closed higher […]
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Stocks making the biggest moves midday: Spotify, Regeneron, Hims & Hers, Pfizer and more
Check out the companies making headlines in midday trading: Spotify — Shares of the music streaming company lost 3.8% on the back of disappointing results. Spotify reported first-quarter operating income of 509 million euros, while analysts polled by FactSet expected 519.9 million euros. Spotify’s revenue of 4.2 billion euros was in line with estimates, while […]
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Stocks making the biggest moves premarket: Spotify, Coca-Cola, Sherwin-Williams, UPS and more
Check out the companies making headlines in premarket trading. Spotify — The music streaming stock tumbled 5% after reporting first-quarter operating income of 509 million euros, while analysts polled by FactSet had penciled in 519.9 million euros. Spotify’s 4.2 billion euro revenue was in line with estimates, while its monthly active users of 678 million […]
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Europe stocks open higher; Volvo Cars sheds 10%, Porsche falls 7% after earnings
AstraZeneca shares fall despite earnings growth AstraZeneca’s production plant in Snackviken, Sweden. Roland Magnusson | iStock Editorial | Getty Images British pharmaceutical giant AstraZeneca was 4% lower shortly after the opening bell, after the company posted its first-quarter earnings update. On Tuesday morning, AstraZeneca reported a 10% year-on-year rise in total revenue, which hit $13.59 […]
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Oil giant BP posts 49% drop in first-quarter profit on weaker crude prices
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024. Nurphoto | Nurphoto | Getty Images British oil giant BP on Tuesday posted slightly weaker-than-expected first-quarter net profit, following a recent strategic reset and a slump in crude prices. The beleaguered oil and gas major posted […]
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Europe markets set to open higher; Italy’s Mediobanca makes $7.2 billion bid for Banca Generali
Mediobanca puts in $7.2 billion takeover offer for Banca Generali The logo of a Mediobanca Premier bank branch in Brescia, Italy, on Friday, Jan. 24, 2025. Bloomberg | Bloomberg | Getty Images Italian lender Mediobanca on Monday made a public 6.3 billion euro ($7.17 billion) offer to buy domestic peer Banca Generali as it seeks […]
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From mining giants to Big Oil, major players are jumping on the ‘white hydrogen’ bandwagon
The construction site of a plant for the production of hydrogen in Germany. Picture Alliance | Picture Alliance | Getty Images A growing number of sizable companies, from mining giants to energy majors, are embracing the hype for natural hydrogen. It comes as buzz continues to build over the potential for a resource that advocates […]
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Stocks making the biggest moves premarket: Boeing, Tesla, BP, Eli Lilly and more
Check out the companies making headlines before the bell. Boeing – The aerospace stock rose more than 5% after the company reported a narrower loss for the first quarter . Boeing said it had a net loss of $31 million in the first quarter, improving on the $355 million loss in the same period last […]
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BP shares jump 5% as activist investor Elliott discloses stake build
The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England. Anna Barclay | Getty Images News | Getty Images BP shares jumped on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, […]
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BP shareholders punish chair Helge Lund with low support
The BP logo is displayed outside a petrol station on January 30, 2025 in Warrington, United Kingdom. Nathan Stirk | Getty Images News | Getty Images BP’s CEO Murray Auchincloss and Chair Helge Lund were re-elected on Thursday, although the sharply reduced level of shareholder support for Lund could mean his previously announced departure is […]
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