What does anyone think of this three for two stock split? What's the point of it and how does it benefit us?
The roughly 2% dividend was a bit disappointing. I thought it might come in at 3% or so, something comparable to what GE is paying. Oh, well.
New PT: $17
See article from louisianarecord.com.
Man, this litigation never ends. I hope any settlements are as relatively inexpensive as the recent shareholder suit settlement, but I also hope BP fights the bogus claims more aggressively.