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BP Complaints

The Fly On The Wall Morning Market Snapshot: June 10, 2010

Posted on June 28, 2010 by bp complaints

BP (BP) says the costs of the oil spill to date is .43B, and it’s too early to quantify liabilities. BP says it’s not aware of a reason for its shares to drop, and says the company is “strong”. BP shareholders filed a class-action lawsuit based on claims that the company mislead investors prior to the Deepwater Horizon oil spill in the Gulf of Mexico…Old Republic (ORI) and PMA Capital (PMACA) announced a 5M merger agreement. Old Republic will acquire all of PMA’s outstanding common stock…Target (TGT) increased its quarterly dividend 47% to 25c from 17c.
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