Quotes of the Day

Any time you have a 50 percent drop in a stock price people will take notice of it. SAUD MASUD, of the Swiss bank UBS, said of BP's CEO Tony Hayward's trip to Abu Dhabi to meet with the wealthy emirate's crown prince.
Wednesday, Aug. 04, 2010

Open quoteThe well pressure is now being controlled by the hydrostatic pressure of the drilling mud, which is the desired outcome of the static kill procedure.Close quote

  • STATEMENT
  • on BP's website on Wednesday, saying the pumping of heavy mud into its stricken well in the Gulf appeared to have stabilized the pressure there
Photo: umana ElHeloueh / Reuters | Source: NYT