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BP suffers big drop in earnings

By: Yossel in TT | Recommend this post (0)
Tue, 31 Jul 12 2:50 PM | 107 view(s)
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Msg. 02963 of 03132
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BP suffers big drop in earnings

Guy Chazan

July 31, 2012 --
Updated 0925 GMT (1725 HKT)

BP Chief Executive Bob Dudley, pictured here on February 21, 2011, has made safety a top priority.

STORY HIGHLIGHTS

BP's quarterly earnings fell 35 per cent

It reported adjusted profit of $3.7bn, compared with $5.7bn a year ago

The drop shows BP is still struggling to adjust two years after the Deepwater Horizon disaster

BP said the results reflected "extensive planned maintenance

link-
http://edition.cnn.com/2012/07/31/business/bp-earnings/index.html?eref=edition&utm_source=dlvr.it&utm_medium=twitter&utm_campaign=cnni

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