BP Faces Dividend Cut as Gulf Spill Drags Shares Down
BP stock tumbled to 14 year lows on fears the Gulf of Mexico spill will cost more than the firm can bear. Anadarko and Transocean also hit multi year lows as investors fret over liabilities and potential bankruptcy.
MENTIONED IN THIS ARTICLE
Gulf of Mexico
Fadel Gheit
Oppenheimer & Co
Anadarko Petroleum
Transocean Ltd
BP Transocean
Anadarko
Scott Hanold
BBC Capital Markets
Argus
Phil Weiss
Britain
U.S
Tony Hayward
Ghent
Moody’s
Standard & Poor’s
Fitch
Djemam
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Amex
S&p
Wilshire
Russell
Stock Exchange
Nyse Amex Naspaaq
Oxfordinds
NewConcEn
HMN
StdRegis
ProforBio
TTI
FelCor
Adcareh
KBR Inc
InvCapHid
LMS
VersoPap
AdcareHl
AvanirPhm
Griffon
Pacoffpt
AEP Ind
Talbots
Delath
CKX Lands
Rambus
Ambach Pfz
NeoStem
FstPacTrst
BP PLC
Wesco
Wilber
OxygenBio
HrigeCo NatFnPrt
AlldDefen
ModusLink
Csglobwm
Nivs Intt
Onvia Inc
EqualEng
Sced Pic
MercBank
Plexus
PwShs
Citigrp
GoldStr G
Intel
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Cisco
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At&t Inc
Keycorp NY
Nasd
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LNB
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A Greet NY
Limited NY
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Sweet
NYMX
New York Mercantile Exchange
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Chicago Mercantile Exchange
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New York Board of Trade Sugar (World
Mutual
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The
Associated Press
FDA Warns Pfizer Over Delayed Adverse Event Reports
Federal regulators cited Pfizer for failing to report adverse events within 15 days across multiple drugs including Lipitor Lyrica and Viagra. The FDA found ongoing issues since 2004 2006 and again in 2009 from a New York inspection and demanded a corrective action plan within 15 business days.
MENTIONED IN THIS ARTICLE
Washington
Pfizer Inc
Associated Press
Food and Drug Administration
Pfizer
FDA
New York
Job market shows more quits as signs of recovery emerge
The Associated Press reports that more people quit jobs in the past three months than were laid off signaling thawing labor conditions. Economists cite rising quits, steady job gains, and a Fed regional study as evidence of gradual improvement despite uncertain pace.
MENTIONED IN THIS ARTICLE
Steven Davis
University of Chicago
Federal Reserve
David Adams
Adecco
Smartphones risk identity theft as lost devices expose data
Industry experts warn smartphones can allow access to emails bank balances and social profiles if lost. Experts urge PINs regular updates and data backups while cautioning against clicking unfamiliar text links and downloading untrusted apps. A Redwook City incident showed data exposure via Facebook on a misplaced iPhone.
MENTIONED IN THIS ARTICLE
Peter Beardmore
Kaspersky Lab
Chicago Tribune
Redwood City
Calif
U.S
John Walls
CTIA
the Wireless Association
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Katie Charland
Chandler, Ariz
Phoenix
Gangplank Phoenix
Christopher Leonard and
Christopher S. Rugaber
Wailin Wong
Apple
the Market IN Review
Dow Jones