It will cost BP an extra $10 billion on top of the $44 billion it has already incurred in legal and clean up charges, but the payments will be spread out over 18 years at about $1.1 billion annually
bp has a very bad reputation. I told you they would get fined more and you said the max was what? they got their knuckles wrapped hard again.
Back to the $70 again. Okay let me splain to you 1 more time. RK used a $70 oil estimate for his 2015 model. And a 10M hit for every $1 under that. So say they actual is $50, that's $200 million and he had an excesss of 500. I need to tell you what 200 from 500 is too?
this could cheer him up:
I must admit that this morning's announcement is nothing short of remarkable.
As of today, I officially capitulate and am encouraging the purchase of Intel shares.
This company is hitting on all cylinders and the management team is doing everything right.
The outlook for the shares is positive, imo.
I do, however, reserve the right to take shots at Wallis when he presents an easy target.
I expect Intel to be at $30+ by the end of Q1 of 2014. Whether it will happen prior to that time is dependent on too many factors to really assess. At some point the realities of Intel will drain the moat of Wall Street stupidity. I can't believe that they are still in denial.
did you say the bottom? okay joke time:
I got a new stick deodorant today.
The instructions said: “Remove cap and push up bottom.”
I can barely walk, but whenever I fart, the room smells lovely.
nas is up 5.7% ytd, not bad when you look at 1 of its anchors...intc
bac & t were tossed, why not intc too?