Broker snap: BP is ‘absoluitely cheap’ (ShareCast)

LONDON (SHARECAST) – Fourth quarter earnings from integrated oil giant BP were 5% below Nomura’s forecast, but the Japanese broker remains a buyer of the stock. Related Articles: Stocks surge on strong US jobs data Stocks surge on strong US jobs data Dollar rises as jobs boost dents QE3 speculation Dollar [...]

LONDON (SHARECAST) – Fourth quarter earnings from integrated oil giant BP were 5% below Nomura’s forecast, but the Japanese broker remains a buyer of the stock.

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