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Analysts cut the price target on BP p.l.c. (NYSE:BP) following the company’s third quarter results reported on Tuesday. BP’s revenue fell short at $47.25 billion, below the $52.56 billion ...
It’s been a pretty good year for BP plc (ADR) (NYSE:BP) so far, with shares of BP stock up about 9% in 2018. In fact, there are three reasons to consider owning BP plc (ADR) stock. Despite all ...
BP PLC (NYSE:BP) shares are trading lower after the company reported third-quarter results. Sales and other operating revenues came in at $47.254 billion, missing the consensus of $52.557 billion.
In October 2012, BP sold its stake in TNK-BP to Rosneft for $12.3 billion in cash and 18.5% of Rosneft's stock. [ 132 ] [ 133 ] The deal was completed on 21 March 2013. [ 134 ] In 2012, BP acquired an acreage in the Utica Shale but these developments plans were cancelled in 2014.
March 17 – BP Chief Tony Hayward sells one third of his BP stock (223,288 shares). [16] Closing BP price on March 17 on the New York Stock Exchange is 58.15. March – An accident damages a gasket on the blowout preventer on the rig. [17]
The first ADR was introduced by J.P. Morgan in 1927 for the British retailer Selfridges on the New York Curb Exchange, the American Stock Exchange's precursor. [4] They are the U.S. equivalent of a global depository receipt (GDR). Securities of a foreign company that are represented by an ADR are called American depositary shares (ADSs).
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
Hedge funds' top 3 stock picks returned 41.7% this year and beat […] Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively.