BP (NYSE: BP) announced that it has entered into an administrative agreement with the US Environmental Protection Agency resolving all matters related to the suspension, debarment and statutory disqualification of BP following the Deepwater Horizon accident and oil spill.
Veolia Environment (NYSE: VE) reported operating results that confirmed that the company is on track with its organization streamlining, cost cutting, balance sheet deleveraging and deployment of a new commercial strategy.
Since publishing our first issue back in 1986, we’ve always recommended investors exercise patience. "Beware an Itchy Trigger Finger" identified ten stock picks with particularly promising long-term potential--and they all had the added bonus of paying dividends over 3% to further reward investor patience. Given our contrarian slant, each of these stocks was also generally out of favor with mainstream investors at the time of recommendation--adding value stock appeal.
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