Saturday, January 1, 2011

BP shares fell 14% in market value had fallen by half of the oil spill so far.

<P> According to foreign media reports, British Petroleum (BP) in North America on Wednesday, the stock price fell sharply in afternoon trading, as of 3:05 pm EDT (3:05 am Beijing time on Thursday points), BP .The shares fell $ 4.98, down 14.35%, to $ 29.70 per share. .</ P> <P> 4 月 22 date the company is located in the Gulf of Mexico, "Deep Horizon" rig explosion, since the oil began to leak, BP's market value had fallen by more than half. .Before the oil spill incident, BP shares were trading above 60 dollars per share. .</ P> <P> BP shares fell sharply mainly due to the political requirements of BP from the United States to reduce or stop paying the dividend, and White House officials continued to plug the oil wells in the pressure of work. .</ P> <P> French bank Societe Generale analyst Solovyov (Evgeny Solovyov), and Emory establish conditions under which lats (Aymeric de-Villaret) on Wednesday in a note to clients report that they expected .BP has a 50% probability will cease distribution of its upcoming quarterly dividend scheduled, it will be BP, July 27 board meeting theme. ."Are dividend is no longer the strength of its balance sheet issues (we think that BP's balance sheet is strong enough), but on whether BP will be able to come before the dividend date, so that oil wells are .adequate control, "they said. .</ P> <P> a group of members of Congress said on Wednesday, BP should be suspended paying dividends to shareholders until it blocked the wells in the Gulf of Mexico oil spill and clean up oil spills and the catastrophic damage. .</ P>.

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