May 30, 2010 · 4 comments
in ADRs, BP, CEO pay, FTSE, SRI, UK, bailout, commodities, credit, economy, energy, environment, international stock market, market reports, oil, stimulus, stock picks
As if it wasn’t bad enough that BP is probably going to suspend its dividend if it can’t plug the leak, there will be all kinds of charges and damages awarded to BP, but possibly also to Halliburton or TransOcean once this disaster comes full sweep.
Those who follow me on Twitter know that I’m not [...]
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May 30, 2010
in ADRs, FTSE, NYSE, SRI, UK, collapse, dividends, earnings, economy, energy, environment, foreign investment, investing, market trends, news and updates, oil, pound, regulation, resources, risk, stock picks
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The Deepwater Horizon oil catastrophe may soon start to effects of the oil leak spilling over onto the world economy. Before this happens, though, BP share prices are going to continue to decline and the valuations of most Brits’ pension funds are going to drop, since BP comprises a majority holding in most UK indexes.
BP [...]
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May 30, 2010 · 15 comments
in 2010, ADRs, FTSE, SRI, business, capitalism, economy, energy, environment, executive compensation, foreign investment, news and updates, oil, pound, resources, sovereign debt, sustainability, unconventional energy
Estimates suggest the Deepwater Horizon oilspill has already cost BP plc about one billion pounds. This does not even take into consideration total clean up costs going forward if the leak were to somehow suddenly stop right now.
But so far we haven’t heard much about the wider economic effects that the Deepwater environmental disaster will [...]
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In a previous post, I outlined [...]
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