FT's Lex Columnist Rathbone on BP's Cost-Cutting Plan: Video

Oct. 27 (Bloomberg) -- John Paul Rathbone of the Financial Times' Lex commentary team talks with ...  More »

Oct. 27 (Bloomberg) -- John Paul Rathbone of the Financial Times' Lex commentary team talks with Bloomberg's Deirdre Bolton about BP Plc's cost reduction plan and third-quarter profit. BP, Europe's second-largest oil company, said earnings excluding one-time items and inventory changes fell 47 percent to $4.67 billion from a year earlier. That exceeded the $3.25 billion median estimate of 11 analysts compiled by Bloomberg. (Source: Bloomberg)  « Less