In a report released today, Irene Himona from Bernstein maintained a Buy rating on BP p.l.c. (BP – Research Report), with a price target of p570.00. The company’s shares opened today at p417.30.

LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...

BP will still publish its fourth-quarter and full-year results as planned on Feb. 11. Auchincloss is expected at the capital markets event to unveil his strategy for the company, after sharply ...

BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...

The BP Capital Markets PLC-Bond has a I18N_bonds#descriptiontext#maturitydatepart#undefinedmaturitydate and offers a coupon of 6.1250%. The payment of the coupon will take place 2.0 times per ...

Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...

BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...

Energy giant BP is to cut 4,700 jobs from its workforce across the globe and 3,000 from its contractor, making a total of 7,700. The company employs some 90,000 employees worldwide. Its chief ...

Apart from this, BP projects lower exploration write-offs to be $0.1 billion to $0.2 billion lower quarter-over-quarter. The company anticipates gas marketing and trading results to be average.

The company made the announcement in a memo to employees Thursday, CNN reported. BP said it had plans to cut as many as 3,000 contractor jobs, 2,600 of which already had been eliminated.