At The Motley Fool, we know our readers like to be informed. Here's a quick look at today's most relevant financial news, boiled down to what you need to know. In today's video, we cover the following:
- Cameron International agreed to pay BP
(NYSE: BP)$250 million for its role in the oil spill last year in the Gulf of Mexico. Cameron is the fourth company to cut a deal with BP over the accident. Other settlements have come from MOEX, Anadarko Petroleum (NYSE: APC), and Weatherford (NYSE: WFT).
- Oil companies in the south of Iraq are making efforts to increase security, as Iraq's oil ministry attempts to ramp up production. The issue of safety was highlighted last month when executives from oil companies including BP, Royal Dutch Shell
(NYSE: RDS-B), and ExxonMobil (NYSE: XOM)pulled out of Basra after a nearby bombing.
- BlackBerry maker Research In Motion
(Nasdaq: RIMM)beat Wall Street estimates for its third-quarter earnings. However, the company countered the good news with a disappointing outlook for its next quarter.
Fool contributor Tamara Rutter does not own any positions in the stocks mentioned here. Follow her on Twitter for more Foolish news @TamaraRutter. The Motley Fool owns shares of Transocean. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.