Roland Head believes BP plc (LON:BP) shares could rise by 32% if it wins its oil spill trial. The FTSE 100 has risen by 25% over the last year, and many top shares are beginning to look quite expensive.
This is tremendous news for Gevo, Inc. (NASDAQ:GEVO) in terms of further sticking it to its closest competitor, Butamax, a joint venture between E I Du Pont De Nemours And Co (NYSE:DD) and BP plc (ADR) (NYSE:BP). Both have enjoyed big wins in court in ...
BP plc logo BP plc (LON: BP)'s stock had its �market perform� rating reiterated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Wednesday, StockRatingsNetwork reports.
To date, BP plc (ADR) (NYSE:BP) has paid more than $24 billion in expenses related to the oil spill. Of course, there's still the ongoing trial that concerns whether BP will be found guilty of gross negligence.
A) and BP plc (ADR) (NYSE:BP) saw reserve replacement costs balloon to $41.76 and $72.03 per barrel, respectively. Companies like these two are big players in the global marketplace and their actions can have major implications on global markets.