BP plc (BP) Trades Higher on $4B Anadarko (APC) Settlement

October 17, 2011 6:26 AM EDT
BP plc (NYSE: BP) American Depository Receipts (ADRs) are trading stronger Monday following reports it will receive a $4 billion payment from Anadarko in a MC252 (Macondo) prospect settlement.

Shares are up about 4 percent ahead of the bell.


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