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The stock price of BP plunged more than 15 percent Wednesday to a 14-year low as it became increasingly clear that the amount of oil spewing out of the Deepwater Horizon well is substantially greater than the company or the federal …
Bank of America reportedly has sent around a directive to limit trades with BP as the oil company's stock continues to decline and its credit rating erodes. The bank's stink-eye toward BP comes as several lawmakers revealed they've …
“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
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. …
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 …
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 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 …
Until then, debris from the spill had been limited to relatively small tar balls. BP was the second most active stock on the New York Stock Exchange as shares rebounded by more than 11 percent by 3:15 p.m. ET (1915 GMT). It took a 16 …
Lincoln Chafee has a long record of championing environmental causes, but a GoLocalProv investigation has found that his wife holds stock in BP, the company responsible for one of the worst environmental disasters in U.S. history. The …