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Stock impact report

FTSE 100 LIVE: European stocks tick up as earnings season rolls on [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The moves higher came despite BP ( BP.L ), one of the FTSE's heavy hitters, posting a mixed first-quarter report. The FTSE 100 ( ^FTSE ) was 1.1% higher in early trade heading past 8,300 to hit record highs. Germany's DAX ( ^GDAXI ) rose 0.4% and the CAC ( ^FCHI ) rose 0.6% in Paris. The pan-European STOXX 600 ( ^STOXX ) gained 0.6%. BP's share price ticked higher as it said it would maintain the pace of share buybacks — these are set to equal $3.5bn (£2.79bn) in the first half. The first-quarter report also showed that Q1 cash flow fell by more than expected and net-debt increased. Tuesday will also bring Q1 earnings from oil major Saudi Aramco ( 2222.SR ), Q2 earnings from Walt Disney ( DIS ) and chipmaker Intel's ( INTC ) AGM. Markets are in a positive mood as rate cut bets ramped up across the pond. Read more: BP profits slump to $2.7bn amid falling oil prices Follow along for live updates: Live 7 updates Lucy Harley-McKeown FTSE 100 at fresh records The FT Show less Read more
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