BP to Delay Third Quarter Earnings Report by One Week

BP (BP) will delay the release of its third quarter earnings by one week to give the company more time to incorporate data and disclosures related to the oil spill in the Gulf of Mexico.

BP’s earnings will now be released on Nov. 2, Dow Jones Newswires said.

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“When we reported second quarter it was a bit of a scramble,” a BP spokesman told Dow Jones Newswires. “We needed more time…

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BP to Delay Third Quarter Earnings Report by One Week originally appeared on DailyFinance on Fri, 10 Sep 2010 08:59:00.

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With Interest Rates So Low, Where to Invest?

Interest rates are hovering near record lows, so investors looking for higher returns will have to look beyond interest-bearing assets like CDs and money-market funds. If low risk is a priority, consider two interesting options…

Oil Prices Near $75 a Barrel in Asia on U.S. Inventories

Oil prices advanced to nearly $75 a barrel in Asia after a report showed that U.S. crude oil inventories dropped more than forecast, suggesting improved demand.

Benchmark oil for delivery in October rose 32 cents to $74.99 a barrel late Thursday afternoon Singapore time in electronic trading on the New York Mercantile Exchange, according to The Associated Press.

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U.S. crude oil…

Continue reading Oil Prices Near $75 a Barrel in Asia on U.S. Inventories

Oil Prices Near $75 a Barrel in Asia on U.S. Inventories originally appeared on DailyFinance on Thu, 09 Sep 2010 07:05:00.

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