Tuesday, February 2, 2010

BP 4Q Profits Up, But Shares Fall

British Petroleum has up and down news in its latest earnings report.

The British energy giant reports a net profit in the fourth quarter, spurred by increased oil and gas production and higher average oil prices.

But BP's shares fell more than 4 percent as the company's performance in refining was weaker than expected. Analysts say results demonstrate...

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