With the current oil crisis dragging on far longer than initially anticipated, many big oil dividend stocks such as BP, Chevron (CVX), and Royal Dutch Shell (RDS.A) are offering tantalizing high-yields. However, given the capital intensive …
NEW YORK---BP is not only gushing oil, but plenty of money, too. The company's stock price is dropping sharply after the Gulf rig explosion. Losses are in the billions. BP stock traded higher this morning after plunging to a 14-year low on …
The Retirement Systems of Alabama sold the last of its 6.2 million shares of BP PLC stock Tuesday, with Chief Executive Officer David Bronner saying the uncertainty surrounding the oil company was too great. "We're out of it," Bronner said. …
Representative John A. Boehner of Ohio, the Republican leader, bought stock in BP and other oil companies last year while other lawmakers were a little more fortunate, getting rid of BP stock before the enormous oil spill caused the …
Volkswagen's battered shares pose the same risks for traders as BP's oil spill in 2010, which also threw up tempting trading opportunities but burnt investors who got their bets wrong. Volkswagen's stock has slumped some 30 percent …
For financial advisers, the epicenter of the Deepwater Horizon disaster may not be the Gulf of Mexico but Whiting, Ind. There, on the shores of Lake Michigan in the northwest corner of the Hoosier state, hundreds of longtime BP PLC …
Shares of beleaguered BP jumped 8% Monday on hopes for the latest attempt to stop the gulf oil leak and reports that BP may be turning to Apache Corp., a Houston-based exploration and production company, for a $10-billion asset sale. …
If this were a normal company, under normal conditions, this would be one wacky reaction to an oil giant axing its dividend. But this is BP. And the additional clarity offered by news that the company is cutting its previously declared first quarter ...
(Newser) – BP's stock price jumped 7% on the news that the company had managed to plug the oil well in the Gulf of Mexico, TheStreet reports. Though the company still has 48 hours until it completes tests on its new cap (itself only a …
The oil majors, including BP plc (ADR) (NYSE:BP), are under pressure. Oil prices are down almost 20% since climbing to $57.01 in January. BP stock has slipped by about 5% in the same period. Source: Mike Mozart via Flickr Lingering …