LONDON BROKER RATINGS: Morgan Stanley lifts BP; Jefferies cuts Reckitt
23rd Mar 2022 09:46
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More
BP PLC - London-headquartered oil major - Expands offshore wind portfolio by forming strategic partnership with Japanese conglomerate Marubeni Corp for offshore wind and other potential decarbonisation projects including hydrogen in Japan. BP will acquire a 49% stake in Marubeni's proposed offshore wind project in the country for an unspecified amount. In Tokyo, BP will set up a local offshore wind development team. BP says it now has a net offshore wind development pipeline of over 5 gigawatts in the US and UK. Marubeni is involved in the development and operation of over 2 gigawatts of onshore and offshore wind globally. Read More
(Alliance News) - Stock prices in London opened mostly higher on Wednesday ahead of the UK government's 'spring statement' at midday, while BP and Reckitt Benckiser top-and-tailed the FTSE 100 on contrasting broker recommendations. Read More
(Alliance News) - The UK annual inflation figure hit its highest level since March 1992 as the country grapples with a cost of living crisis, data from the Office for National Statistics showed on Wednesday. Read More
(Alliance News) - London's FTSE 100 index outperformed at the start of the week, lifted by mining and oil firms on the back of improved commodity prices. Read More
(Alliance News) - Stock prices in London were mixed at midday on Monday as the war in Ukraine passes the one-month mark, while oil prices rose back above the USD110 mark. Read More
(Alliance News) - While Saudi Arabian Oil Co unveiled spending plans that were greater than analysts predicted, its western counterparts are not quite digging into their coffers to the same extent, AJ Bell analyst Russ Mould commented on Monday. Read More
(Alliance News) - Stock prices in London opened mixed on Monday with investors monitoring the war in Ukraine, while Antofagasta rose after reaching a deal to exit the Reko Diq project in Pakistan. Read More
(Alliance News) - European markets charged higher on Wednesday with the latest US Federal Reserve interest rate decision looming, sentiment bolstered by an equity rally in China. Read More
(Alliance News) - Russia's continued onslaught in Ukraine, a spiralling Covid situation in China, and an upcoming interest rate decision from the US Federal Reserve combined on Tuesday to dash any positive market sentiment. Read More
(Alliance News) - The FTSE 100 quickly gave back its start-of-week gains as fears grew over China's spiralling Covid outbreak, with miners weighing on London's blue-chip index on worries that industrial demand will be dented by lockdowns in the world's second largest economy. Read More
(Alliance News) - Stocks in London were higher at midday on Monday as investors looked for potential progress in peace talks between Russia and Ukraine with an eye on the Federal Reserve's interest rate decision this week. Read More
IOG PLC - London-based gas and infrastructure operator with projects in the North Sea - Signs new sales agreement with BP Gas Marketing Ltd, which covers its equity gas from all of the Saturn Banks phase one fields, as well the Nailsworth and Elland fields in phase two. Read More
(Alliance News) - Eni Spa on Friday said it is combining its Angolan assets with BP PLC's to create a new 50/50 joint venture called Azule Energy. Read More
(Alliance News) - With a strong domestic oil industry and the ability to ramp up shale production, the US is unlikely to suffer the same energy price inflation as Europe. This could lead to a "return to US exceptionalism" in terms of economic performance, Ruffer Investment Co Ltd commented on Thursday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Tuesday afternoon: Read More
(Alliance News) - Stocks in London ended higher on Tuesday even as US President Joe Biden announced the ban on US imports of Russian oil in his most far-reaching action yet to punish Moscow for invading Ukraine. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday afternoon: Read More
(Alliance News) - Stocks in Europe rose tentatively Tuesday morning, shaking off Wall Street's slump on Monday, but trading remained highly susceptible to headlines from the war in Ukraine. Read More