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BP Capitalization Decline Tops $100 Billion
Friday, June 25, 2010 - 2:19pm | 108BP (NYSE: BP), the UK-based oil company at the heart of the Deepwater Horizon rig explosion and subsequent Gulf oil spill, received more bad news today: its market capitalization has fallen over $100 billion since the oil spill began. In London, BP shares fell by as much as 9%, whereas in New York...
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UK Gears Up To Take On Deficit
Monday, June 7, 2010 - 11:36am | 117Talk to other investors at GAFNN.com UK Prime Minister, David Cameron, had earlier said that the UK budget situation is much worse than what had previously been believed. The current deficit is about 11% of GDP. He added that the structure of the debt is such that the return to a high economic...