NEW YORK (AP) - A Jefferies analyst lowered future earnings estimates for BP PLC and downgraded its stock Wednesday, after the British oil giant reported a $1.4 billion loss for the second quarter.
It is always interesting when the first major company in an industry reports earnings. While all companies face unique challenges, few industries rise and fall as a sector more than energy.
Economy. Written by Roberta Murray. Wednesday, 01 August 2012. Financial News Roundup: BP plc, Royal Dutch Shell Plc, BG Group plc, S&P ratings blow for Tesco, interest rate cut at the BoE.
A study on possible effects of the 2010 BP oil spill indicates dispersants may have killed plankton -- some of the ocean's tiniest plants and creatures -- and disrupted the food chain in the Gulf of Mexico, one of the nation's richest seafood grounds ...
Wed Aug 1, 2012 3:05am IST. By Selam Gebrekidan. NEW YORK, July 31 (Reuters) - BP Plc plans to bring the largest of three crude distillation units at its Whiting, Indiana, refinery offline in the fourth quarter as part of a $4 billion upgrade project ...
By Mia Lamar. International companies trading in New York fell Tuesday after disappointing earnings from Swiss bank UBS AG, oil major BP PLC and others.
SAN FRANCISCO (MarketWatch) - Two years after mopping up its disastrous Gulf of Mexico oil spill, BP PLC is still struggling to make things right - for shareholders.
By MarketWatch. SAN FRANCISCO (MarketWatch) - Two years after mopping up its disastrous Gulf of Mexico oil spill, BP PLC is still struggling to make things right - for shareholders.
BP PLC (NYSE: BP) issued its quarterly earnings data on Tuesday. The company reported $0.07 earnings per share for the quarter, missing the analysts' consensus estimate of $0.24 by $0.17.
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