BP signals more cost cuts on way after fall in profits

A quantitative fund specializing in Australian stocks is outperforming the market by investing in companies with strong ESG credentials, believing that these firms are not only more responsible but also more efficient and profitable.

NNN REIT has reported a 1.2% growth in core FFO for Q3 2025, highlighting the company's ongoing portfolio expansion. This growth is significant as it reflects the company's ability to enhance its financial performance while strategically increasing its assets. Investors and stakeholders should take note of this positive trend, as it indicates a robust operational strategy and potential for future growth.

Vitesse Energy's Q3 2025 slides highlight the company's long-term assets while addressing current earnings challenges. This is significant as it showcases the company's strategy to maintain stability and growth despite short-term financial hurdles, indicating a focus on sustainable development in the energy sector.

BP has successfully won a significant legal battle against Venture Global, securing over $1 billion in damages. This victory not only reinforces BP's position in the energy sector but also highlights the importance of legal strategies in corporate disputes. Such outcomes can influence future negotiations and partnerships within the industry, making this case a pivotal moment for BP and its stakeholders.

Money-market strains are expected to continue into November as funding costs stay high, which could pressure the Federal Reserve to increase liquidity before it halts its portfolio reduction next month. This situation is significant as it reflects ongoing challenges in the financial system, potentially impacting borrowing costs and economic stability.

A recent Goldman Sachs report reveals that one in five millionaire women have no plans to retire, a figure notably higher than that of men. This trend is significant as women are set to inherit $9 trillion in wealth, indicating a shift in financial independence and career longevity. It highlights the growing empowerment of women in the financial landscape, showcasing their determination to remain active in their careers.

Apollo Global Management Inc. has reported third-quarter earnings that exceeded Wall Street expectations, signaling strong performance as the firm approaches a significant milestone of $1 trillion in assets. This achievement not only highlights Apollo's robust investment strategies but also reflects growing confidence in the financial markets, making it a noteworthy development for investors and the industry.

BP has reported profits that exceeded market expectations, showcasing the company's strong financial performance despite ongoing uncertainties. This is significant as it reflects BP's resilience in a challenging economic environment, although investors are still waiting for updates regarding the potential sale of its Castrol brand.

Molson Coors has reported a loss in the latest quarter, highlighting the challenges faced by the beer industry due to shifting consumer preferences and ongoing macroeconomic pressures.

Capital One has announced a quarterly dividend of $0.80 on its common stock, reflecting the company's strong financial performance and commitment to returning value to its shareholders.

Chewy's stock has seen a rise following Mizuho's announcement regarding a price increase for Chewy+. This positive development reflects investor confidence in the company's growth strategy.

Viavi Solutions director Barnes has sold $931,000 worth of stock, a move that has caught the attention of investors. This transaction reflects ongoing activities within the company and may influence market perceptions.

McNab Paul, the Executive Vice President of Viavi Solutions, has sold $219,000 worth of stock in the company. This transaction is part of his regular financial management and does not indicate any significant changes within the company.

Transportation Secretary Sean Duffy warns of impending chaos in air travel due to a potential shutdown, highlighting that while many air traffic controllers can handle missing one paycheck, two could lead to serious issues.