It was a bad day for most stocks today, but it was a bloodbath for embattled oil giant BP. Shares of BP dived 16 percent today, driving the stock price to below $30 per share, the worst drop on record for the company. The British energy …
Mark Feroglia of High Springs backed off on his decision to buy BP stock when its value sank by half after the oil rig explosion that has dumped tens of thousands of barrels of oil a day into the Gulf of Mexico. All BP stations in Florida …
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 …
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 …
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 …
Janus Capital Management LLC now owns 3,608,710 shares of the semiconductor company's stock valued at $463,214,000 after buying an additional 433,555 shares during the period. 80,009 shares valued at $9.96M were sold by …
Right now, there is no faster way to make money than by shorting BP stock. Disclosure: Shorting BP since day one and don't plan on covering short positions anytime soon.
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. …
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 …