BP Plans Large Q4 Writedowns

On this episode of Stock Movers:
- BP said it expects to take as much as $5 billion in writedowns for the fourth quarter, just weeks after replacing its chief executive officer as it strives to turn around its fortunes.
- Hays drops as much as 1.5% to the lowest since 1993 after delivering a sharper drop in like-for-like growth than expected during the latest quarter as the tough environment for recruiters continues.
- EssilorLuxottica shares gain as much as 2.9% after HSBC raised its recommendation to buy from hold due to growth in smart glasses.

See omnystudio.com/listener for privacy information.