Wednesday, September 14, 2011

Report on BP spill to be released today...

BP shares surge in the wake of a WSJ article that suggests blame for last year's Gulf of Mexico spill could be apportioned more widely than initially thought. Any indication that BP wouldn’t be held solely responsible for the accident reduces the chances of it being found grossly negligent.

BP stock is up 1.60 to 38.04 ion premarket trading.

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