bp dividend

BP Reinstates Dividend but Problems Linger

BP has benefited from high oil prices and announced it would reinstate its dividend. However, while its fourth-quarter profit was up from a year earlier, the oil giant reported a full-year loss.

Street Wire: BP Stock Tumbles Nearly 10%

BP's stock plunged 9.7%, or $3.29, to close at $30.68 Monday on the New York Stock Exchange amid pressure to suspend its dividend in wake of the growing Gulf oil spill.

Street Wire: BP Stock Among Biggest Losers on NYSE Monday

BP stock plunged more than 8% at one point in mid-morning trading, making it among the biggest losers listed on the New York Stock Exchange Monday. The drop in BP's stock erased another $8 billion in market capitalization.

Street Wire: BP Stock Plunges at Market Open

BP stock plunged 4.3%, or $1.45, to $32.52 at Monday's market open. U.S. listed shares in BP have fallen 46% since April because of the Gulf oil spill.

Street Wire: BP Bankruptcy Unlikely, Analyst Says

A BP bankruptcy looks unlikely despite the beating the energy giant's stock and bonds have taken over the Gulf oil spill, as the cash the company generates is more than adequate to cover costs related to the disaster.