Wall Street Shrugs Off BP's Latest Snafu
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After recent mishaps involving its energy facilities, BP PLC's (BP) latest accident may add fuel to the uproar from regulators, politicians, and environmentalists who are questioning the company's business and safety practices. But investors appear to be unfazed.  BP said late Tuesday Sept.
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BP Plc, the world's second largest oil  company, beat analysts' expectations to report bumper third  quarter earnings on Tuesday on the back of high oil prices and  strong refining and chemicals margins.
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US stocks drifted higher today, brushing aside another record high for oil prices amid hopes the impending tide of third-quarter profit reports will override worries about a struggling economic recovery.
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U.S. blue chips were unchanged on  Wednesday, as investors were little swayed by a positive  government report on economic growth and worried that higher  oil prices will dampen corporate profits.
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NEW YORK - Stocks clung to a modest advance Wednesday despite a new record high for oil and gloomy third-quarter outlooks from several companies as investors awaited the government's jobs creation report at the end of the week.    With rising energy costs threatening to dent consumer spending and corporate profits in the period ahead, oil and jobs have competed for the attention of traders on Wall Street...
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NEW YORK : Wall Street struggled to notch up gains on Monday, after finishing on a high note last week, despite cooling oil prices.
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Oil prices held firm, close to $47 a  barrel on Wednesday after U.S. data showed the disruption  caused by Hurricane Ivan had eaten into fuel stocks.
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Stocks edged higher Friday as another drop in oil prices helped Wall Street withstand the effects of a disappointing jobs creation report.
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Wall Street is seen opening little  changed on Monday as crude prices remain high, but insurers may  dip on worries about their potential liabilities after a  hurricane struck Florida on Friday.
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Wall Street stocks traded higher Monday as investors got a modest relief after the crude oil prices declined from their new highs above 55 dollars per barrel.
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Stocks were set to open near unchanged  on Thursday following a warning from technology bellwether  Nortel Networks Corp. NT.N and a further rise in oil prices  as Hurricane Ivan struck the Gulf Coast.
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Efforts to rescue a distraught U.S. bond insurance industry could inject a positive note on Wall Street but the economic data and earnings reports on tap for this week are unlikely to change a downward trend for stocks.
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Wall Street is set to open little  changed on Monday as crude prices remain near their record  highs, but insurers may slip on worries about their potential  liabilities after a hurricane struck Florida on Friday.
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Wall Street stocks were expected to open  mixed on Friday, with technology stocks gaining ground led by  PeopleSoft Inc PSFT.O but blue chips held back by a profit  warning from Alcoa Inc. AA.N.
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Leading shares closed firmer, but below an earlier six-year high as Wall Street retreated into the red, with Cable &amp; Wireless rallying on takeover speculation although BP's fourth quarter results disappointed.
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NEW YORK - Investors shrugged off rising crude futures Wednesday to capture well-priced shares, sending the Nasdaq composite index up 1.6 percent ahead of Google Inc.'s much-anticipated initial public offering of stock.    In afternoon trading, the Dow Jones industrial average gained 67.10, or 0.7 percent, to 10,039.93...
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Wall Street since midsummer has weathered three hurricanes, a heightened insurgency in Iraq, a mud-slinging presidential campaign, a soft patch in the economy, two Fed rate hikes and a tense period of attack alerts surrounding the national political conventions.