Currently browsing tag

BP

NY State Pension Sues BP for Stock Price Drop Following Spill

Here is an interesting excerpt from a Reuters piece published yesterday: New York state’s pension fund plans to sue BP Plc to recover losses from the drop in the company’s stock price following the worst oil spill in U.S. history, state Comptroller Thomas DiNapoli said on Wednesday. DiNapoli said the …

When It Spills, It Pours

In years past, we have seen a small – but growing – amount of shareholder activism in publicly traded companies concerning sustainability and environmental matters.  Several Fortune 500 companies have faced and defeated these attempts at requiring greater environmental risk assessment and disclosure. 2010 looks to be dramatically different. Setting …

Oil Spill Floats on Water But Sinks BP

Reuters published rather pointed points today related to the Gulf oil spill: Analysts … cited rising takeover speculation [of BP], although they …

Oil Spill Preparedness on Mars

Okay, maybe not Mars.  But the New York Times reported that governmental officials in New Jersey are putting together a plan to …

BP’s Oil Spill and The Black Swan

This past week saw two unfortunately intertwined events unfold: the BP Deepwater Horizon well blowout/oil spill and the 2010 Annual Conference of …