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 …
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 …
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 …
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 …
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. …
The state is holding onto 170 million dollars worth of BP stock and bonds despite their falling value and the financial trouble the company is causing Florida. When the state took on big tobacco in the early 90’s, it sold all its stock in …
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 ...
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 …
WASHINGTON — A multimillionaire House Republican who owns thousands of shares of BP stock has no plans to recuse himself from a congressional investigation related to the Gulf oil spill or from votes on Capitol Hill that could affect his …