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Traders will be listening for clues about possible tapering off of quantitative easing when two Fed presidents speak later on Tuesday.
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NEW ORLEANS, Feb 25- The long-awaited trial of BP for the biggest U.S. offshore oil spill began on Monday, with governments, businesses and individuals blaming the company for the 2010 disaster that killed 11 rig workers and spilled 4 million barrels of oil into the Gulf of Mexico. "The primary fault for this disaster lies with BP," Assistant U.S.
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NEW ORLEANS, Feb 25- People, businesses and governments harmed in the biggest oil spill in U.S. history got their day in court on Monday, blaming BP executives for the Deepwater Horizon disaster that killed 11 rig workers and spilled millions of barrels of oil into the Gulf of Mexico in 2010.. "The primary fault for this disaster lies with BP," Assistant U.S.
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NEW ORLEANS, Feb 25- People, businesses and governments harmed in the biggest oil spill in U.S. history got their day in court on Monday, blaming BP executives for the Deepwater Horizon disaster that killed 11 rig workers and spilled millions of barrels of oil into the Gulf of Mexico in 2010.. "The primary fault for this disaster lies with BP," Assistant U.S.
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NEW ORLEANS, Feb 25- BP executives more focused on cost-cutting and oil production than safety should be held responsible for the Deepwater Horizon disaster in the Gulf of Mexico in 2010, the worst offshore oil spill in U.S. history, a lawyer told a courtroom on Monday as a long-awaited legal showdown began in New Orleans.
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HOUSTON, Feb 25- Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are about to face their day in court. We have tangled with BP often, and they blink. "
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Calgary-based CMG, which supplies reservoir-simulation software to 525 firms in 55 countries, is betting that its specialization in unconventional reservoirs will help it win over some clients from industry behemoths such as Schlumberger Ltd, the top oilfield services provider.
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Feb 21- Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are scheduled to face their judge in court. Joining well owner BP Plc in Judge Carl Barbier's courtroom will be rig owner Transocean Ltd and well cement services provider Halliburton Co..
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Feb 21- Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and the other companies involved are scheduled to face their judge in court. We have tangled with BP often, and they blink. "
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Check out which companies are making headlines after the bell Wednesday:
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Retail gas prices are up for the tenth consecutive week, reaching their highest level since October. Who's winning here?
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*Still mulling purchase of Vivendi's Brazil unit GVT. Feb 14- DirecTV warned that Venezuela's recent currency devaluation will crimp its results this year and said it was still considering buying Brazilian telecom operator GVT.
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When Venezuela announced a surprise devaluation last Friday, some big companies took hits to earnings. Could they have been better prepared?
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Drugmaker Merck said Wednesday that the devaluation of Venezuela's currency will reduce its net income by about $200 million this year.
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*Louisiana pushing back against BP efforts to settle. BP could be nearing a settlement of federal claims with the U.S. Department of Justice, but people tracking the case closely say the company and coastal states, especially Louisiana, might still be far apart.
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MILAN/ OSLO, Jan 30- An unexpected profit warning from Europe's biggest oil services company Saipem sent shockwaves through the buoyant sector on Wednesday and drew investor ire as billions were wiped off the Italian company's market value.
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*Brazil seen as key to Saipem's troubles. MILAN/ OSLO, Jan 30- An unexpected profit warning from Europe's biggest oil services company Saipem sent shockwaves through the buoyant sector on Wednesday and wiped billions off the Italian company's market value.
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A U.S. judge accepted an agreement by BP to plead guilty for its role in the Deepwater Horizon disaster and pay a record $4 billion in criminal penalties for the worst offshore oil spill in U.S. history.
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*BP still faces civil penalties and state claims. *BP has 60 days to submit remedial plan to U.S. authorities. Jan 29- A U.S. judge accepted an agreement by BP Plc to plead guilty for its role in the Deepwater Horizon disaster and pay a record $4 billion in criminal penalties for the worst offshore oil spill in U.S. history.
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*Procter& Gamble profit soars past expectations. NEW YORK, Jan 25- The Standard& Poor's 500 index closed above 1,500 for the first time in more than five years on Friday as strong U.S. earnings reports, including Procter& Gamble's, helped the benchmark extend its rally to eight days.
