Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 90 results for "Gulf"

Market Wrap - Morning

AAP  |  TUESDAY, 13 JUL 2010
... results show that the US economy is on track. London found support as British energy major BP reported progress in taming the Gulf of Mexico oil spill even as the company's clean-up costs soared past $US3.5 billion ($A3.99 billion). Chinese trade figures ...

SEC hunts BP oil spill scammers

RUTH LIEW  |  THURSDAY, 1 JUL 2010
Looking to make a quick buck out of the US' Gulf of Mexico oil spill debacle? Think again - the SEC is cracking down on oil spill stock scams targeting investors to chip money into false cleanup strategies. The oil spill in the US has heralded more ...

NY fund sues BP over oil spill losses

RUTH LIEW  |  TUESDAY, 29 JUN 2010
... misleading investors about its safety procedures and strategies on handling disasters, such as the recent oil spill in the Gulf of Mexico. The New York fund is seeking lead plaintiff status in the action, following BP's Deepwater Horizon explosion - ...

Market Wrap - Morning

AAP  |  MONDAY, 28 JUN 2010
... losers, plunging at one point to a 14-year low after the group ramped up the costs so far of its oil spill crisis in the Gulf of Mexico to 2.35 billion dollars (1.9 billion euros). The company's stock collapsed by almost nine per cent in mid-morning ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 23 JUN 2010
... after the administration said it would appeal a judge's decision to overturn a six-month ban on deepwater oil drilling in the Gulf of Mexico. Technology shares fell less than the broader market after Apple Inc said it sold three million iPads in the ...

Dow Jones drops BP from indices

PRESS RELEASE  |  FRIDAY, 18 JUN 2010
Oil giant BP has been struck from the Dow Jones Sustainability Indexes due to the Gulf of Mexico disaster. Dow Jones Indexes and Sustainable Asset Management (SAM) dropped BP from the indices as part of its rules on extraordinary events. "The extent ...

Market Wrap - Midday

AAP  |  THURSDAY, 17 JUN 2010
... said. Wall Street closed almost unchanged overnight, with the resolution of arrangements for BP to compensate victims of the Gulf of Mexico offsetting weak data on home construction. The Standard & Poor's 500 index lost 0.62 of a point to 1,114.61. Mr ...

Market Wrap - Morning

AAP  |  THURSDAY, 17 JUN 2010
... points, or 1.21 per cent, to 4,572.1 points. NEW YORK - BP's agreement to put $US20 billion into a fund for victims of the Gulf of Mexico oil spill lifted the stock market off its lows and sent the major indexes to a narrowly mixed finish. The oil company ...

UK pension lose $6bn on BP oil spill

MICHAEL HOBBS  |  TUESDAY, 15 JUN 2010
... multi-billion dollar exposure to oil giant BP's share price, which has plummeted more than 36 per cent since the oil leak in the Gulf of Mexico. The UK-based National Association of Pension Funds (NAPF), which represents more than $1.3 trillion in pension ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUN 2010
... optimism about the economic recovery gave way to a wave of selling amid growing concerns about the BP oil disaster in the Gulf of Mexico. The three main equity averages traded broadly higher for most of the session, trading higher on relatively upbeat ...