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BP Reports Third-Quarter Earnings

BP Reports Third-Quarter Earnings

BP Plc. (NYSE: BP) reported on Tuesday that profit more than doubled in the third quarter, as strong oil prices put the Company on track to deliver record results this year.The British oil giant posted first-quarter underlying replacement cost profi..

Energy Stock Bounce Back

Energy Stock Bounce Back

Energy stocks are experiencing a rebound as oil prices continue to rise. Brent Crude prices which have seen a dramatic fall from the record highs of 2014 are now nearing USD 70 per barrel.  Brent Crude went through a massive downturn betwe..

BP to acquire BHP's US shale assets for $10.5 bln

BP to acquire BHP's US shale assets for $10.5 bln

BP p.l.c. (NYSE:BP) announced Friday it would buy several US oil and shale assets from mining firm BHP Billiton Ltd. (NYSE:BBL) for USD 10.5 billion.The deal is the largest by BP in two decades and its first significant investment in the United Stat..

Shire Shares Surge on Reports of Takeda Takeover Attempt

Shire Shares Surge on Reports of Takeda Takeover Attempt

Shire’s plc (NASDAQ: SHPG) shares surged by 17 percent on Wednesday following Takeda Pharmaceutical potential $40 billion bid midst acquisition and mergers in the pharmaceutical industry, according to CNBC.CNBC said Takeda is in its “pre..