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Stock Market & Financial Investment News

News Breaks
May 27, 2014
15:59 EDTBPBP loses request to delay spill payments, Bloomberg says
BP's request to extend a stay on payments to businesses that canít directly prove they were damaged by the 2010 Gulf of Mexico spill, while the oil company seeks a review of disputed payments by the U.S. Supreme Court, was rejected by the U.S. Court of Appeals in New Orleans, says Bloomberg. Reference Link
News For BP From The Last 14 Days
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August 22, 2014
06:39 EDTBPBP drops $9.3B on fuel stations, exploration in Australia, Bloomberg says
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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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