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Stock Market & Financial Investment News

News Breaks
February 19, 2013
19:43 EDTBPBP's potential fine in oil spill case cut to $17.6B from $21B, Bloomberg reports
The maximum potential civil pollution fine BP (BP) now faces in its trial related to the April 2010 Gulf oil spill has been reduced to $17.6B from $21B, according to a Bloomberg report that cites a court order that says 810,000 barrels of oil captured before being released into the environment will not be counted toward the company's potential Clean Water Act fine. Reference Link
News For BP From The Last 14 Days
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August 11, 2014
07:04 EDTBPBP's risk from Russian sanctions muted, says RBC Capital
RBC Capital said in the unlikely situation that BP were to relinquish its Rosneft stake due to Russian sanctions, the impact would be muted and shares would still offer 15% upside. The firm believe upside potential more than compensates the risk and reiterates its Outperform rating.

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