In another sign that there is concern about the long-term financial viability of BP plc (NYSE: BP) at least as it is structured as a corporation today, Moody’s sharply cut the UK-based…
Douglas A. McIntyre Tony Hayward of BP plc (NYSE: BP) was not in the “loop” about the Deepwater Horizon rig and any problems at the drill site. He says that his company has thousands of…
Reuters: A plan to isolate swaps from bank deposit assets will be in the financial reform bill. Reuters: The Volcker rule would prevent mergers among large banks. Reuters: Facebook’s 2009 revenue was…
S&P lowered it long- and short-term corporate credit ratings on BP to ‘A/A-1’ from ‘AA-/A-1+’ and kept the firm on CreditWatch negative. The ongoing CreditWatch placement reflects S&P’s view regarding the continued…
Douglas A. McIntyre Freddie Mac (NYSE: FRE) and Fannie Mae (NYSE: FNM) are two companies with an unlikely tie to the BP plc (NYSE: BP) oil spill catastrophe in the Gulf. But after a $20…
These are some of this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen in Wall Street research notes: Apple Inc. (NASDAQ: AAPL) Started as Buy at Janney (late yesterday). Amazon.com…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
The problems in the Gulf have caused BP’s shares to drop from a 52-week high of $62 to the current price of $32. Two years ago, they were almost $70. BP’s stock…
BP’s new $20 billion escrow account to help clean up the Gulf of Mexico and those hurt by the spill does not count for much. It will hurt BP’s shareholders for a…
Douglas A. McIntyre Reuters: The head of BP plc (NYSE: BP) is about to testify before Congress. Reuters: Spain may use 30 billion euros to support its faltering banks. Reuters: Oil moved above $77 and…
BP p.l.c. (NYSE: BP) gave up the last ace it had in the hole, agreeing to set up a $20 billion escrow account which will be used to compensate the people and…
Douglas A. McIntyre There are many stocks on the move this morning in the top day trader alerts and top active trader alerts. BP plc (NYSE: BP), Curis Inc. (NASDAQ: CRIS), FedEx Corporation (NYSE: FDX),…
Updated throughout the day. The US, EU, and IMF will give Spain $300 billion in aid (various) The Fed may not be regulated under the new financial reform bill (Reuters) BP p.l.c.…
Douglas A. McIntyre Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Fitch is generally considered third fiddle in a two-agency dominated game of debt ratings behind Moody’s and Standard & Poor’s. But a ‘timely’ downgrade out of Fitch on BP plc (NYSE: BP)…
