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Bloomberg: BP & Shell

Extracts from a Bloomberg article published under the headline: Corus, LSE, Pearson, St Ives, Tesco: U.K., Irish Equity Preview

By Scott Hamilton

Jan. 19 (Bloomberg) — The following stocks may rise or fall in U.K. and Irish markets today. Stock symbols are in parentheses and prices are from the market close yesterday.

The benchmark FTSE 100 Index added 5.80, or 0.1 percent, to 6210.30 in London as 55 stocks gained, 39 dropped and 7 were unchanged. The FTSE All-Share Index rose 3.71, or 0.1 percent, to 3215.62.

BP Plc (BP/ LN): BP’s Peter Sutherland will remain as chairman of Europe’s second-largest oil company by market value for “some time” after the departure of Chief Executive Officer John Browne, the Guardian said, citing an interview. The shares were unchanged at 536.5 pence.

Royal Dutch Shell Plc (RDSA LN): The Japan Bank for International Cooperation will continue providing funds to Shell’s Russian Sakhalin-2 project, after the European Bank for Reconstruction & Development withdrew, the Tex Report said. The shares were unchanged at 1,716 pence.

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