BP plc (NYSE: BP) shares gained as the company reported a loss for last quarter and appointed Bob Dudley as CEO. The UK-based firm reported a $17.2 billion loss and took $32.2…
Douglas A. McIntyre The BP plc problem will not go away any more than the global sovereign debt one will. Gulf storms are the least of the UK oil company’s problems Read more…
Douglas A. McIntyre By Tom Bower, The Daily Beast Tony Hayward sunk himself with his media gaffes and poor political performances. Can Bob Dudley do better? Read more at The Daily Beast…
Douglas A. McIntyre The AP reports that Tony Hayward, BP plc (NYSE: BP) CEO, will leave in October and will join the firm’s joint venture in Russia–TNK-BP Douglas A. McIntyre
Douglas A. McIntyre BP plc (NYSE: BP) finds itself in an odd situation with stock options trading versus its pending earnings announcement Tuesday and the imminent departure of Tony Hayward as CEO. While shares have…
Jon C. Ogg Many stocks are on the move for day traders and active traders this morning. Oddly, most are not on earnings. Some of the top percentage movers and standout stocks are Arena Pharmaceuticals,…
BP plc’s (NYSE: BP) CEO Tony Hayward, who is about to be sacked by the big oil company, has only been in his position for about two years. That raises the issue…
MarketWatch: A number of economists now expect Q2 GDP to be below 2%. Reuters: BP plc’s (NYSE: BP) CEO Tony Hayward is expected to resign. Reuters: Hayward will leave with $10 million.…
BP plc (NYSE: BP) may have a real “test” ahead of itself for the cap on the Gulf of Mexico oil disaster. Yesterday, a “tropical wave” was a cause for concern, but…
Jon C. Ogg The continuing disaster in the Gulf of Mexico is partly due to the lack of a coordinated response plan in the event of a well blow-out deep below the surface. The oil…
Reuters: BP plc (NYSE: BP) defended its CEO as it considered new options to kill the well. Reuters: The Senate voted to restore jobless benefits. Reuters: Obama’s budget review may trim the…
The BP plc (NYSE: BP) clean-up in the Gulf of Mexico has a new worst friend that is maybe coming over for dinner. A possible tropical storm, cyclone, or depression poses a…
Jon C. Ogg Day traders and active traders have many big movers to watch this morning. We are seeing key moves in Apple Inc. (NASDAQ: AAPL), BP plc (NYSE: BP), Apache Corp. (NYSE: APA), Cytec…
Updated throughout the day. BP plc’s CEO Tony Hayward will step down, or not (Times of London, Reuters) AIG (NYSE: AIG) picked Morgan Stanley (NYSE: MS) and Goldman Sachs Group (NYSE: GS)…
Reuters: BP plc (NYSE: BP) said as it prepares to sell some assets that its CEO is not leaving. Reuters: The Senate approved an extension of unemployment benefits. Reuters: Apple Inc. (NASDAQ:…