Page 16 - Stock Value News Today

The company might have for not getting that accurate flow rate count, which will be provided when the relief wells go through, this is more of a business question, would those be outweighed by the loss in stock value each day of the spill, not to mention the risk of somehow getting caught further with something else going wrong? >> i think right now bps more worried about cash than they are their stock price frankly. every day that they have the well flowing without the entire volume being measu...

Into this gulf. now, if that happens, there is no -- bp has no plan. hayward can do his world tour. he can go to china, libya, saudi arabia and ask for cash. they are not going to be around. and ive got to tell you something. people are not paying enough attention to that. im hearing on the coast where the company is meeting with bankruptcy lawyers at the same time they are telling us everything is okay. >> well, the fascinating news is that the stock value of bp has gone up today, so thats what...

When its going to stop flowing naturally out of that hole. >> chris, ill tell you -- >> no one knows that yet. >> at this point theres no way to put a projection on this and that is what bothers everybody. look, if this goes bad, youre talking about 2 billion -- 2 billion gallons of oil moving into this gulf. now, if that happens, there is no -- bp has no plan. hayward can do his world tour. he can go to china, libya, saudi arabia and ask for cash. they are not going to be around. and ive got to...

The last four quarters worth of business at bp. and frankly, for british petroleum, thats $20 billion worth. as you mentioned before, the stock market is down overall today. british petroleum since the spill has lost about 17% worth of its stock value. today the stock is down another 3 1/2%. >> wow, pretty significant numbers. we know the numbers are only going to get greater as this woil continues to leak. felicia taylor, thanks so much on the floor of the new york stock exchange. appreciate th...

They cant do controlled burns. mother nature is letting herself be known. >> shepard: chris gutierrez, thank you. >> bp executives say the company is doing everything in its power to contain the spill but that may not be enough. bp brands itself as a friend of the environment, a energy company that goes beyond petroleum but the stock value is taking a hit. jonathan hunt is live here in new york. first, what exactly is bp doing? >> theyre scrambling to keep up with this unfolding disaster. they h...

Most of all, of course, theyre deeply involved in simply trying to shut off the leak. >> shepard: and working on image management, a difficult task. >> its going to be a very difficult task for a company that, as you say, branded itself a friend of the environment. they issued a long press release, including the following quote. we are doing absolutely everything in our power to eliminate the source of the leak and contain the environmental impact of the spill. were determined to fight this spil...

Stock to the cash and you are over a million dollars, that stock has to be held for two, three, four years. the stock value today may give somebody over a million dollars. lets see how well the company performs, how well that individual performs if the company performs and the stock is valued, it may be well more than a million dollars. and as required by legislation from congress, feinberg also announced he is reviewing earlier compensation for executives at more than 400 banks that got bailout...

Walked away with millions after they ran their companies into the ground. >> when you say that you add the stock to the cash and you are over a million dollars, that stock has to be held for two, three, four years. the stock value today may give somebody over a million dollars. lets see how well the company performs, how well that individual performs if the company performs and the stock is valued, it may be well more than a million dollars. and as required by legislation from congress, feinberg...

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>> reporter: fortune reports that some rival firms, weathered the bursting of the tech bubble much better with ibm posting more sales growth averages and shedding less in stock value. like-wise, dell shaw its shares rise by double digits during fiorinas tenure at hp and shares of lexmark soared by nearly 30%. >> would you have done anything differently? >> not really. thats not to say that i was perfect. im not. we all make mistakes. but the big things i got right. the big things about the fact ...