All Entries Tagged With: "$BP"
BP Cleaning Up, Paying Up, and Bouncing Back
Earlier this week I reported that BP plc (NYSE:BP) had effectively killed the blow-out on its leaking Macondo well. In a further step to seal its Macondo well permanently, BP has begun pumping cement into the well bore. The company stopped the flow of oil earlier using heavy drilling mud. Cementing the well from the [...]
BP Stops Oil Flow, But Who Picks Up the Bill?
Officials with BP plc (NYSE:BP) say that the drilling mud the company has been pumping into the leaking Macondo well has effectively killed the blow-out that has spilled an estimated 4.9 million barrels of oil into the Gulf of Mexico. The company has stopped pumping the mud into the well and is now monitoring the [...]
BP’s Hayward: Does He Stay or Does He Go?
A report in The Times of London on July 21 (as referred to by Bloomberg) indicated that Tony Hayward, CEO of BP plc (NYSE:BP), is likely to resign by the end of September, if the leaking well in the Gulf of Mexico is permanently sealed by then. A BP spokesman denied the report, saying that [...]
The New CBOE Weekly Options: Expiration Week Every Week
When you look at options chains for a few selected stocks and ETFs, you’ll notice something new. If you see a “W,” note that these are “weekly options” that expire the very next week. That’s because the Chicago Board Options Exchange (CBOE) is adding these so-called “weeklys” to some additional stocks and ETFs. According to [...]
