There are no public records indicating that BP executives took advantage of inside information to beat the stock market, where BP shares lost more than half their value in the six weeks after the April 28 disclosure that BP's initial estimate …
“We will be engaging BP on corporate governance to discuss the impact of the crisis on the value of the company.” Stock Price The Gulf of Mexico oil spill sent BP’s stock price to 349.5 pence in London trading yesterday from 642.5 on April 1
Shares in BP rose 1.2 percent in London on Friday, taking their bounce since the near 14-year low in June to 45 percent, lifted by the group's latest progress in plugging the ruptured oil well in the Gulf of Mexico. Chartists, however, say the …
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. …
But BP's stock tumbled anyway over the mounting costs of the disaster and the company's inability to plug the leak sooner. The relief well is considered the best hope of halting the crude that has been gushing since April 20 in the …
KABUL/HOUSTON (Reuters) - British Prime Minister David Cameron offered on Thursday to help deal with BP Plc’s Gulf of Mexico oil spill, saying he would take it up with U.S. President Barack Obama, as the beleaguered company’s shares …
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 …
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 …