Archive for September 2010

  • 30
    Sep

    New BP Chief Says Dividend Will Return in 2011

    Filed under: Good news , Management , BP p.l.c. ADS (BP) , Options , Technical Analysis Oil major BP ( BP ) could restore its dividend as soon as the first quarter of 2011, according to new CEO Bob Dudley. Speaking on BBC television today, Dudley explained, “The board will get together and talk before the end of the year about restoring a dividend in some form in the first quarter.” The new chief executive went on to clarify, “It’s obviously for the board to decide,” but added, “I believe we will get there.” Dudley also said that he’s comfortable with the amount of funds set aside to cover BP’s liabilities stemming from the catastrophic Gulf of Mexico spill.

  • 30
    Sep

    Has Nordstrom Put in a Bottom at $28?

    Filed under: Nordstrom, Inc (JWN) , Stocks to Buy Shareholders of Nordstrom Inc. ( JWN ), which I first discussed on May 21, 2010, at a price of $38.12, have endured a trying summer, to say the least.

  • 30
    Sep

    Judge to Target: Stop dumping hazardous waste

    Filed under: Shopping , Green , In the News Companies may be getting “greener” — or saying they are — but a judge in Northern California issued a preliminary injunction that prohibits Target Corp. and its employees from dumping hazardous wastes into the environment.

    Posted by FinanceGuru in WalletPop

  • 30
    Sep

    Banning unchaperoned teens from malls heralds end of retail hang out

    Filed under: Family Money , Shopping According to a study by consumer research publisher Packaged Facts , teens are expected to spend $208.7 billion in 2011 — mostly on clothes, music and movies. So why are they increasingly unwelcome at American malls on Friday and Saturday nights?

    Posted by FinanceGuru in WalletPop

  • 30
    Sep

    Jim McNerney’s Time as Boeing’s Pilot Is Over. Bring Back Alan Mullaly

    Given the latest production delay at Boeing, this time on the 747-8, the board should finally slide CEO Jim McNerney out the emergency exit. Ford CEO Alan McNerney looks like the perfect fit, especially because of his successful earlier career at Boeing. Continue reading Jim McNerney’s Time as Boeing’s Pilot Is Over

    Posted by FinanceGuru in DailyFinance