MARKET TALK: BP Down After Judge Strikes Down Drilling Ban

22nd Jun 2010 20:23

3:23 (Dow Jones) Shares of BP down 2.1% at $29.68 following news that a federal judge has struck down the Obama administration's ban on deepwater drilling. BP declined to comment on the judge's actions. The company's stock was already down Tuesday in both the US and London as investors continue to fret about the oil giant's liabilities as the oil from its well continues to spew into the US Gulf of Mexico. ([email protected]) Call us at (212) 416-2184 or email [email protected] Visit the Market Talk blog at http://www.djnmarkettalk.com (END) Dow Jones Newswires June 22, 2010 15:23 ET (19:23 GMT)