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UK’s BP rises on second-quarter profit beat

** Shares of BP BP. up 2.5% at 416.5p
** BP to review portfolio and consider further cost cuts as it reported second-quarter profit that easily beat expectations
** Co adds to keep pace of its share buyback programme at $750 million for second quarter
** Stock up ~4% vs FTSE 100’s ~12% rise, YTD
Source: Reuters



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