BEFORE THE BELL-2: US HOT STOCKS TO WATCH
21st Jun 2010 13:40
Among the companies expected to actively trade in Monday's session are Anadarko Petroleum Corp. (APC), BP PLC (BP, BP.LN) and American Italian Pasta Co. (AIPC). Anadarko late Friday called the oil spill in the Gulf of Mexico "preventable and the direct result of BP's reckless decisions and acti
Read moreBEFORE THE BELL: US Stock Futures Higher On China Yuan News
21st Jun 2010 13:23
By Steve Goldstein U.S. stock futures, Chinese airlines and natural resource companies led a global advance in equities and commodities markets Monday after China said it would lift the lid on its tightly-controlled currency, spurring expectations for growth in the world's third largest economy
Read moreUN-sanctioned Iran Guards Wing Offers To End US Oil Spill
21st Jun 2010 12:48
TEHRAN (AFP)--The United Nations'-sanctioned industrial wing of Iran's elite Revolutionary Guards offered on Monday to help end the oil spill in the Gulf of Mexico, saying the disaster had become a "shame" for the U.S. Brigadier General Rostam Qasemi, who heads the Guards' industrial wing Khatam
Read moreBIG PICTURE: Another Look At Oil Spill's Spillover Effects
21st Jun 2010 12:36
(This article was originally published Friday.) By Kathleen Madigan A DOW JONES NEWSWIRES COLUMN NEW YORK (Dow Jones)--Almost two months after the lethal explosion on the Deepwater Horizon oil rig, economists are still trying to assess the impact on the U.S. recovery. The oil spill i
Read moreLondon midday: Yuan move lifts equities
21st Jun 2010 12:06
Having just failed to make it eight consecutive gains in a row on Friday the blue-chip index is resuming its steady rise today as stocks are buoyed by news that China will allow the yuan more flexibility after a two-year peg against the dollar. It's hoped the decision will reinvigorate the Chinese
Read more2nd UPDATE: BP -5% As Spill Cost Hits $2B, Anadarko Won't Pay
21st Jun 2010 11:54
By James Herron and Jeffrey Sparshott Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BP PLC (BP) shares fell as much as 5% Monday morning following a statement late Friday indicating its partner in the leaking Gulf of Mexico oil well, Anadarko Petroleum Corp. (APC), plans to refuse paying its sh
Read moreMARKET TALK: BP Oil Spill More Than Discounted In Share Price
21st Jun 2010 11:46
1046 GMT [Dow Jones] The cost of the Gulf of Mexico oil spill has been more than discounted into BP's (BP.LN) share price, say J O Hambro UK equity income managers. Continues to hold the stock at a current position size of 5.1% of the JOHCM UK Equity Income Fund, a slight overweight relative to the
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
21st Jun 2010 11:46
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1046 GMT [Dow Jones] The cost of the Gulf of Mexico oil spill has been more than discounted into BP's (BP.LN) share price,
Read moreBlundering BP knew about problem well
21st Jun 2010 11:34
It had looked like BP may have ridden out the worst of the backlash following the Gulf of Mexico oil spill, but its hapless boss has walked into a fresh row about his private life just as the company is accused of ignoring safety fears. Tony Hayward, having survived a meeting with US president Bara
Read moreMARKET TALK: BP Short-Term Outlook Improved - Westhouse
21st Jun 2010 11:06
1006 GMT [Dow Jones] BP's (BP.LN) efforts to capture more oil from the leak in the Gulf of Mexico continue to advance, says Westhouse Securities. Notes the company now has two containment systems in operation, adding that its work on a third containment system remains on track for the end of June or
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
21st Jun 2010 11:06
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1006 GMT [Dow Jones] BP's (BP.LN) efforts to capture more oil from the leak in the Gulf of Mexico continue to advance, say
Read moreAT A GLANCE:BP Gets Into Spill Liability Dispute With Partner
21st Jun 2010 10:52
THE NEWS BP PLC's (BP, BP.LN) shares bucked a bullish market to fall almost 5% Monday morning as investors digested the news that the company's partner in the leaking Macondo oil well, Anadarko Corp. (APC), accused it of negligence and said it will refuse to pay its share of the $20 billion com
Read moreBEFORE THE BELL-2: US HOT STOCKS TO WATCH
21st Jun 2010 10:41
Among the companies expected to actively trade in Monday's session are Anadarko Petroleum Corp. (APC), BP PLC (BP, BP.LN) and CNB Financial Corp. (CCNE). Anadarko late Friday called the oil spill in the Gulf of Mexico "preventable and the direct result of BP's reckless decisions and actions," a
Read moreBEFORE THE BELL: US Stock Futures Rally On China Currency News
21st Jun 2010 10:41
By Steve Goldstein U.S. stock futures, Chinese airlines and natural resource companies led a global advance in equities and commodities markets Monday after China said it would lift the lid on its tightly-controlled currency, spurring expectations for growth in the world's third largest economy
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
21st Jun 2010 10:18
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0918 GMT [Dow Jones] Following last week's developments, focus will now revert back to BP's (BP.LN) effort to contain the spi
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