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 …
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. …
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 …
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 ...
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. …
(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 …
BOSTON (Reuters) - As early word of BP’s Deepwater Horizon blowout began spreading, investors panicked. After closing above $60 before the April 20 disaster, the energy giant’s shares plunged almost 20 percent in New York, to below $50, …
Aug. 9 -- BP Plc and Anadarko Petroleum Corp. are leading a rebound in global energy stocks after engineers stopped the worst oil spill in U.S. history. BP, owner of the Macondo well in the Gulf of Mexico that exploded on April 20, has …
LONDON (Reuters) - 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 …