Wednesday newspaper round-up: BP, Apple, RBS
7th Jul 2010 06:38
BP has agreed an unprecedented deal to give the US Government the last word on worldwide asset sales, mergers or corporate restructuring in the wake of the Deepwater Horizon oil disaster. It has bowed to pressure from the Department of Justice, which has asked to be notified at least 30 days before
Read moreBP CEO Tony Hayward In Abu Dhabi On Private Visit - Source
7th Jul 2010 05:47
DUBAI (Zawya Dow Jones)--BP PLC's (BP.LN) embattled chief executive Tony Hayward is in Abu Dhabi on July 7 amid ongoing speculation that the U.K. oil major is seeking the support of a Middle East investor to prevent a hostile takeover. A person familiar with Hayward's itinerary told Zawya Dow Jo
Read moreBP Agrees To Inform US Ahead Of Transactions - Report
7th Jul 2010 03:50
LONDON (AFP)--BP PLC (BP) has agreed to inform the U.S. government of major transactions that might affect the future shape of the company following the Gulf oil spill, a U.K. paper reported Wednesday. The oil giant has bowed to demands to notify the Department of Justice at least 30 days ahead
Read moreBP Says It Will Pay Advance Income-Loss Claims In July
7th Jul 2010 00:26
DOW JONES NEWSWIRES BP PLC (BP, BP.LN) said Wednesday it would issue advance payments in July to workers on the Gulf Coast who have lost income because of the oil spill in the Gulf of Mexico. Separately, the oil giant said the rate at which it captured oil from its broken deep-water well in
Read moreUPDATE: Alaska Pipeline Servicer's CEO To Retire Sept 30
7th Jul 2010 00:03
(Updates with additional details, including comments from Alyeska spokeswoman). DOW JONES NEWSWIRES The chief executive of Alyeska Pipeline Service Co., which operates the Trans-Alaska Pipeline, said Wednesday that he will retire Sept. 30. Kevin Hostler, an executive at BP PLC (BP, BP.L
Read moreUS HOT STOCKS: Central European Distribution Active In Late Trading
6th Jul 2010 22:10
U.S. stocks closed higher Tuesday as the Dow Jones Industrial Average gained 57 points to 9744, the S&P 500 climbed 5.5 points to 1028 and the Nasdaq Composite rose 2.1 points to 2094. Among the companies whose shares are actively trading in the after-hours session is Central European Distribution C
Read moreAdm Allen: 3rd Collecting Vessel Partially Connected
6th Jul 2010 21:59
By Angel Gonzalez Of DOW JONES NEWSWIRES BP Plc (BP) is in the process of connecting a new oil-collecting vessel to a leaking deepwater well in the U.S. Gulf of Mexico, although it's unclear whether the operation will be concluded on Tuesday, due to rough seas, according to the leader of the
Read moreADR Report: Shares Make Modest Gains After Rally Loses Steam
6th Jul 2010 21:56
By Jennifer Cummings Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--A rally for international companies trading in New York on Tuesday morning lost steam later in the day, but the stocks still managed to close higher, boosted by optimism over global growth. The Bank of New York index moved
Read moreBP Chief Executive 'On Visits To Important Partners'
6th Jul 2010 19:57
LONDON (AFP)--BP PLC (BP) said Tuesday that chief executive Tony Hayward was visiting "our important partners" but refused to confirm media reports that he had gone on from a trip to Azerbaijan to visit Abu Dhabi. "Our chief executive is on a general series of visits to our important partners,"
Read moreRefinery Status: Exxon Torrance Reports -2-
6th Jul 2010 18:21
Valero Corpus 340.0 West Plant 50,000-b/d FCCU at Christi, TX reduced rates since mid-Dec for economic reasons. Coker Unit at planned rates Jun 25 after weekend restart. The
Read moreRefinery Status: Exxon Torrance Reports Breakdown, Flaring
6th Jul 2010 18:21
DOW JONES NEWSWIRES The following table lists unplanned and planned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and doesn't purport to be a comprehensive list. Exxon Mobil Corp. (XO
Read moreUS HOT STOCKS: Broadwind Energy, BP, Taseko Mines
6th Jul 2010 18:16
U.S. stocks moved higher Tuesday as the Dow Jones Industrial Average gained 65 points to 9751, the S&P 500 climbed 8 points to 1030 and the Nasdaq Composite rose 14 points to 2105. Among the companies whose shares are actively trading in the session are Broadwind Energy Inc. (BWEN), BP PLC (BP) and
Read moreRefinery Status:Exxon Torrance Reports Breakdown, Flaring
6th Jul 2010 18:13
DOW JONES NEWSWIRES The following table lists unplanned and planned production outages at U.S. refineries as reported by Dow Jones Newswires. The information is compiled from both official and unofficial refining sources and doesn't purport to be a comprehensive list. Exxon Mobil Corp. (XOM
Read moreRefinery Status:Exxon Torrance Reports Breakdown, -2-
6th Jul 2010 18:13
Christi, TX reduced rates since mid-Dec for economic reasons. Coker Unit at planned rates Jun 25 after weekend restart. The unit in Complex 7 of the East
Read moreJPMorgan Income & Capital Trust To Maintain Total Dividend A 5P
6th Jul 2010 17:39
LONDON (Dow Jones)--JPMorgan Income & Capital Trust PLC (JPI.LN) said Tuesday at its Annual General Meeting held earlier that having reviewed its revenue forecast for the remainder of the financial year ending Feb. 28, 2011, and after taking account of the suspension of dividend payments by BP PLC (
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