Oil Giant BP Cuts Thousands Of Jobs To Slash Costs
British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is cutting thousands of contractor roles to reduce costs.
BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.
Berenberg Bank Sticks to Their Hold Rating for BP (BP)
In a report released yesterday, Henry Tarr from Berenberg Bank maintained a Hold rating on BP (BP – Research Report), with a price target of ...
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Stocks Finish Sharply Higher on a Surprise Slowdown in US Inflation
Wednesday closed up +1.83%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.65%, and the Nasdaq 100 Index ($IUXX) ...
Berenberg Bank Sticks to Its Hold Rating for BP p.l.c. (BP)
Berenberg Bank analyst Henry Tarr maintained a Hold rating on BP p.l.c. (BP – Research Report) today and set a price target of £4.40. The ...
BP Unusual Options Activity For January 15
Whales with a lot of money to spend have taken a noticeably bullish stance on BP. Looking at options history for BP BP we ...
BP rises Wednesday, still underperforms market
Shares of BP PLC BP inched up 0.65% to £4.23 Wednesday, on what proved to be an all-around positive trading session for the ...
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Stocks Rally on a Benign US Inflation Report
The S&P 500 Index ($SPX) (SPY) today is up +1.66%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +1.53%, and the Nasdaq ...