The circle action on topological Hochschild homology of complex cobordism and the Brown–Peterson spectrum

We specify exterior generators for $\pi_* THH(MU) = \pi_*(MU) \otimes E(\lambda'_n \mid n\ge1)$ and $\pi_* THH(BP) = \pi_*(BP) \otimes E(\lambda_n \mid n\ge1)$, and calculate the action of the $\sigma$-operator on these graded rings. In particular, $\sigma(\lambda'_n) = 0$ and $\sigma(\lambda_n) = 0$, while the actions on $\pi_*(MU)$ and $\pi_*(BP)$ are expressed in terms of the right units $\eta_R$ in the Hopf algebroids $(\pi_*(MU), \pi_*(MU \wedge MU))$ and $(\pi_*(BP), \pi_*(BP \wedge BP))$, respectively.
Comment: This paper has been accepted for publication by the Journal of Topology