Martes, 26 Abril 2016

BP: No Need to Gush

The BP CEO surprised everyone by reporting an adjusted $523m replacement cost profit in the first quarter, when the Bloomberg consensus of analysts predicted a $245 million loss.
BLOOMBERG.COM

So that's one way to answer the critics. Bob Dudley was mauled by BP shareholders at its annual meeting over his 20 percent pay hike. Had they been able to glance at the oil company's first-quarter earnings, they might have been slightly less apoplectic about rewards for failure.

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