Latest news
BP announced its Scrip Dividend Programme
The British Petroleum board communicated on October 25th, 2011 that the interim dividend for the third quarter 2011 will account for US 0.07 dollars per ordinary share and US 0.42 dollars per ADS. This is to be paid on December 19th, 2011 in cash sterling to owners of ordinary shares and in US dollars to owners of ADSs.
read more... 10/11/2011
Daily – oil mixed on political uncertainty in Italy
Crude oil futures were mixed on Tuesday following the political uncertainty in Italy that could worsen the euro zone debt crisis and worries over Iran’s nuclear program. NYMEX crude for December delivery traded at 96.80 dollars a barrel, gaining 1.28 dollars a barrel, having set the utmost front-month closing price since July 28 when it closed the session at 97.44 dollars. By 17:37 GMT, ICE Brent crude for December delivery traded at 114.47 dollars, losing 9 cents.
read more... 09/11/2011
Daily – power up on cooler weather forecast
NYMEX and Brent crude oil futures rose in a row on Monday as expectations increased that Greece and Italy could find a solution over its debt problems and on new worries about Iran’s nuclear program. U.S. crude oil futures for December delivery traded at 95.52 dollars a barrel, adding 1.26 dollars, registering the utmost closing price since July 29, while ICE Brent crude for December delivery traded at 114.56 dollars a barrel, up 2.59 dollars, and also having set the highest settlement since October 14.
read more... 08/11/2011
SunPower overhauls its 2011 fiscal balance sheet
SunPower overhauled its 2011 fiscal balance sheet considering non-GAAP, registering from 2.40 to 2.45 billion dollars total income, a gross margin of 12% to 14% and capital expenditures of 125 to 135 million dollars. Moreover, due to the restructuring program inside the company, for assuring a better future for the company, a pre-tax charge of about 10 million dollars could occur, even if it is not considered in the current 2011 GAAP guidance.
read more... 07/11/2011
United Nations: Leaded gasoline to be eradicated worldwide by 2014
The United Nations Environment Programme (UNEP) alongside NRDC in the Partnership for Clean Fuels and Vehicles has recently announced that toxic leaded gasoline will be eradicated globally by 2014.
read more... 02/11/2011